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Springfield 01119 Pine Point
120 Lamont St.
Photo of 120 Lamont St.
Sold on Apr 30, 2025

37

Map

Photo of 120 Lamont St.
Photo of 120 Lamont St.
$220,000
● House - Off Market

120 Lamont St.

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,411 Ft²
$1,514
Est. Monthly
12.07%
Cap Rate

About This Property

IT'S A PACKAGE DEAL!  ATTENTION ALL INVESTORS - Six Rm Cape in Need of Work With 2 Extra Lots! Please Note: Buyer to do due diligence if expandable & buildable lots with City of Springfield. Loaded with potential, this one owner 4 Bdrm Cape is in need of repair and will not qualify for FHA or VA Mortgages. Over 1,400 SF of living space,open staircase to 2nd floor and hardwood floors throughout first floor. First floor bath with tub & linen closet and 2nd floor bedrooms wall to wall carpet and 1/2 bath with closet space. This home is being sold "AS IS WHERE IS" condition. 4 Deeds included in sale
Unit Size
1,411 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MLSPIN #73334108)

Price History

Date / Event Date Event Price
Apr 30, 2025 Sold
Premium
Sold
Mar 4, 2025 In contract -
In contract
Feb 14, 2025 Price Decreased $249,900
↓ $50K (16.7%)
Price Decreased
Feb 11, 2025 Listed $299,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,411
  • Gross Building Area: 1,411
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,411
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 74700020
  • Parcel: SPRI S:07470 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.128
  • Longitude: -72.5256

    Address

  • Full Address: 120 Lamont St
  • Address - House Number: 120
  • Address - Street Name: Lamont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1423
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 282,982
  • High Value: 333,903
  • Low Value: 232,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,400
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $176,900
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 Pine Point

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1379 ft²

Average Home Age

86.9 years

Currently For Sale

29 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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Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73334108

Frequently Asked Questions

When was property at 120 Lamont Street built and last sold?
The property at 120 Lamont Street was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 120 Lamont Street is $0.
What are some comparable homes to 120 Lamont Street?
There are currently no comparable homes to 120 Lamont Street.
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