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Springfield 01104 Liberty Heights
16 Lynwood Ter
$275,000
● House - Off Market

16 Lynwood Ter

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$276,131
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautifully maintained Ranch! On the main level you have Kitchen with eating in dining area, three bedrooms and a full bathroom. The family room with 2 additional bonus rooms, a full bath, and kitchenette are found in the basement. Outside you have a large deck perfect for entertaining! You have to see the home for yourself ! This one will not last! Come check it out for yourself Saturday, June 4th, from 3pm-4:30pm and Sunday, June 5th, 11am-1pm!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$225
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #72991881)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by HRA Realty, LLC $269,900
Listed by HRA Realty, LLC
Dec 1, 2006 Sold
Premium
Sold
Sep 15, 2006 Listed by HRA Realty, LLC $131,000
Listed by HRA Realty, LLC
Aug 30, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 80600004
  • Parcel: SPRI S:08060 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.1338
  • Longitude: -72.5854

    Address

  • Full Address: 16 Lynwood Ter
  • Address - House Number: 16
  • Address - Street Name: Lynwood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 1127
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,800

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 300,331
  • High Value: 360,915
  • Low Value: 239,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,800
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $221,800

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45890
  • Previous Sale Recording Date: Dec 01, 2006
  • Previous Sale Amount: $132,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1866 ft²

Average Home Age

92.6 years

Currently For Sale

40 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72991881

Frequently Asked Questions

When was property at 16 Lynwood Terrace built and last sold?
The property at 16 Lynwood Terrace was built in 1954 and last sold on Jul 28, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 16 Lynwood Terrace is $267,285.
What are some comparable homes to 16 Lynwood Terrace?
There are currently no comparable homes to 16 Lynwood Terrace.
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