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Springfield 01119 Sixteen Acres
145 Lumae St
$180,147
● House - Off Market

145 Lumae St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
988 Ft²
$259,535
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Nice vinyl sided ranch in desirable Sixteen Acres area. This home offers 3 bedrooms with hardwood floors , an eat-in kitchen with all appliances to remain , replacement windows and enclosed 3 season porch with ceramic tile floor . Your large  open basement is ready to be finished for extra living area . It has modern gas heat and hot water tank , circuit brk's and washer / gas dryer included. Enjoy outdoor activities in your large fenced yard with paver patio and garage . Convenient to area schools , travel + shopping
Unit Size
988 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$177
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #72362699)

Price History

Date / Event Date Event Price
Apr 30, 2019 Sold
Premium
Sold
Jul 16, 2018 Listed by Dot Lortie Realty / Landmark $174,900
Listed by Dot Lortie Realty / Landmark
Dec 5, 2008 Sold
Premium
Sold
Jul 10, 2008 Listed by Dot Lortie Realty / Landmark $169,900
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,214
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 988
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 80100030
  • Parcel: SPRI S:08010 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.1216
  • Longitude: -72.5048

    Address

  • Full Address: 145 Lumae St
  • Address - House Number: 145
  • Address - Street Name: Lumae
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2553
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $346,100

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 260,741
  • High Value: 313,176
  • Low Value: 208,305

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,000
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $152,500

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22089
  • Previous Sale Recording Date: Dec 05, 2008
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: 27
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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72362699

Frequently Asked Questions

When was property at 145 Lumae Street built and last sold?
The property at 145 Lumae Street was built in 1965 and last sold on Apr 25, 2019 for $180,147.
How much is this home worth?
The estimated value of the home located at 145 Lumae Street is $180,932.
What are some comparable homes to 145 Lumae Street?
There are currently no comparable homes to 145 Lumae Street.
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