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Springfield 01118 Sixteen Acres
11 Laurelwood Lane
$170,000
● House - Off Market

11 Laurelwood Lane

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,540 Ft²
$404,054
RealtyHop Estimate
131.55%
Since Jan 1, 2012
National-US
Primary Model

About This Property

Pretty colonial in area of well maintained homes. Built in 1987 (so no lead paint worries) this home offers 7 rms, 3 bdrms & 1.5 baths. There is a diningrm, family rm, central air and garage. Family room has slider to deck and is open to kitchen. Newer roof,hatchway and hot water tank. Nice back yard has newer fence. Cul de sac street is a great feature. Homes in this lovely neighborhood sell fast so don't wait!   HOME WARRANTY INCLUDED !
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$113
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1987

Payment Calculator

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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 #71270292)

Price History

Date / Event Date Event Price
Feb 24, 2022 Sold
Premium
Sold
Jan 28, 2021 Sold
Premium
Sold
Dec 4, 2020 Listed by Coldwell Banker Residential Brokerage - Longmeadow $264,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Dec 20, 2011 Sold
Premium
Sold
Aug 3, 2011 Listed by Coldwell Banker Residential Brokerage - Longmeadow $174,500
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 168
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 75620036
  • Parcel: SPRI S:07562 P:0036
  • Municipality: SPRINGFIELD
  • Latitude: 42.0894
  • Longitude: -72.5035

    Address

  • Full Address: 11 Laurelwood Ln
  • Address - House Number: 11
  • Address - Street Name: Laurelwood
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2656
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,200

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 351,000
  • High Value: 420,621
  • Low Value: 281,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,800
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $255,600

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11818
  • Previous Sale Recording Date: Jan 28, 2021
  • Previous Sale Contract Date: Jan 19, 2021
  • Previous Sale Amount: $266,500
  • Previous Sale Document Type: O
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 Sixteen Acres

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1371 ft²

Average Home Age

56.7 years

Currently For Sale

25 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71270292

Frequently Asked Questions

When was property at 11 Laurelwood Lane built and last sold?
The property at 11 Laurelwood Lane was built in 1987 and last sold on Feb 14, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 11 Laurelwood Lane is $271,071.
What are some comparable homes to 11 Laurelwood Lane?
There are currently no comparable homes to 11 Laurelwood Lane.
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