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West Springfield Town 01089
107 Lancaster Avenue
$235,000
● House - Off Market

107 Lancaster Avenue

West Springfield, MA 01089
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,570 Ft²
$320,926
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

NEW PRICE .......Great home for a large family.  This colonial offers four bedrooms, with a first floor master bedroom with its own full bath. Large country kitchen and living room/dining room.  Home offers a first floor laundry/half bath.  Three bedrooms and full bath on second floor.  Wood floors under carpeting (per owner).  Great enclosed front porch  and large deck off kitchen.    Nice family neighborhood close to Mittineague Park.
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$153
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1932

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72653641)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
May 8, 2020 Listed by Park Square Realty $240,000
Listed by Park Square Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,518
  • Gross Building Area: 3,612
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Springfield School District
  • School Tax School District: W SPRINGFLD SD
  • Census Tract: 812404

Geography

  • Account Number: 341-03050-L1-001
  • District: 325
  • Parcel: WSPR M:00341 B:03050 L:000L1
  • Block: 3050
  • Lot: L1
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1085
  • Longitude: -72.6552

    Address

  • Full Address: 107 Lancaster Ave
  • Address - House Number: 107
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2235
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $418,400

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 319,551
  • High Value: 384,005
  • Low Value: 255,097

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $282,500
  • Assessed Land Value: $108,200
  • Assessed Improvements Value: $174,300

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58841
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Springfield Town

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2000 ft²

Average Home Age

74.5 years

Currently For Sale

35 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72653641

Frequently Asked Questions

When was property at 107 Lancaster Avenue built and last sold?
The property at 107 Lancaster Avenue was built in 1932 and last sold on Oct 13, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 107 Lancaster Avenue is $245,702.
What are some comparable homes to 107 Lancaster Avenue?
There are currently no comparable homes to 107 Lancaster Avenue.
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