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Easthampton Town 01027
16 Lyman St Lot 2
$140,000
● Land - Off Market

16 Lyman St Lot 2

Easthampton, MA 01027
bedrooms
Studio
bathrooms
0 Bath
$174,249
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

An ideal building site nestled on a gently sloping lot that spans nearly an acre of land, this picturesque property boasts stunning views of the Holyoke mountain range, offering a breathtaking backdrop for your home. Whether you choose to use the expertly designed plan by Laliberte Builders or bring your own vision to life, this site is spacious, comfortable, primed, and ready to accommodate your dream home. Located in a highly desirable area, conveniently located near amenities, and centrally located between Easthampton, Northampton, and Florence. Bring your builder or use ours; see agent for build-to-suit home information by Laliberte Builders.
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
Land
Property Taxes
$132
HOA Dues
-
Year Built
1976

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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 #73094282)

Price History

Date / Event Date Event Price
Jan 2, 2025 Temporarily off market -
Temporarily off market
Oct 11, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Aug 21, 2023 In contract -
In contract
Jul 17, 2023 Price Increased $699,900
↑ $525K (300.2%)
Price Increased
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,663
  • Total Building Area: 1,806
  • Gross Building Area: 3,998
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000933
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Easthampton School District
  • School Tax School District: EASTHAMPTON SD
  • Census Tract: 822402

Zoning

  • Zoning: R15

Geography

  • Parcel: EHAM M:00104 B:00015 L:00000
  • Block: 15
  • Municipality: EASTHAMPTON
  • Latitude: 42.2889
  • Longitude: -72.6694

    Address

  • Full Address: 16 Lyman St
  • Address - House Number: 16
  • Address - Street Name: Lyman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Easthampton
  • Carrier Code: C010
  • 4-Digit Zip Code: 1012
  • Zip Code: 01027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $537,900

    Appraisal Valuation

  • Standard Deviation: 0.2101
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 413,628
  • High Value: 500,559
  • Low Value: 326,697

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,200
  • Assessed Land Value: $93,800
  • Assessed Improvements Value: $273,400

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15977
  • Previous Sale Recording Date: Mar 02, 2023
  • Previous Sale Contract Date: Mar 02, 2023
  • Previous Sale Amount: $535,000
  • 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 Easthampton Town

Stats & Trends

Median Asking:

$472,000

Sale Price/ft²

$283

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1838 ft²

Average Home Age

67.3 years

Currently For Sale

27 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73094282

Frequently Asked Questions

When was property at 16 Lyman Street built and last sold?
The property at 16 Lyman Street was built in 1976 and last sold on Oct 6, 2023 for $140,000.
How much is this home worth?
The estimated value of the home located at 16 Lyman Street is $658,071.
What are some comparable homes to 16 Lyman Street?
There are currently no comparable homes to 16 Lyman Street.
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