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Springfield 01119 Boston Road
163 Lucerne Road
Photo of 163 Lucerne Road
Sold on Jul 3, 2007

1

Map

$199,900
● House - Off Market

163 Lucerne Road

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$344,576
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

The builder is adding the finishing touches on this brand new colonal. Need extra space for the growning family? Meet the builders and design your Master suite, family room,office or additional bedrooms in the un-finished basement. Large kitchen w/center Island,dining rm w/sliders to rear deck, 3 large bedrooms,1.5 baths,1 st.Floor laundry.Exterior to include landscaped yard,concrete drive and walk way,1 car garage.Photos of a completed home are posted to give you a view of the finished product
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

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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 #70509728)

Price History

Date / Event Date Event Price
Jul 3, 2007 Sold
Premium
Sold
Jan 11, 2007 Listed $199,900
Listed
Sep 11, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • 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: 1,724
  • Gross Building Area: 1,724
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,724
  • 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: 801503

Zoning

  • Zoning: R1

Geography

  • Account Number: 79800044
  • Parcel: SPRI S:07980 P:0044
  • Municipality: SPRINGFIELD
  • Latitude: 42.1362
  • Longitude: -72.4986

    Address

  • Full Address: 163 Lucerne Rd
  • Address - House Number: 163
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1838
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $526,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 348,251
  • High Value: 410,918
  • Low Value: 285,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,500
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $270,200

    Sales

  • Current Sale Recording Date: Jul 03, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 11, 2006
  • Previous Sale Amount: $40,000
  • 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 Boston Road

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1302 ft²

Average Home Age

71 years

Currently For Sale

5 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# 70509728

Frequently Asked Questions

When was property at 163 Lucerne Road built and last sold?
The property at 163 Lucerne Road was built in 2007 and last sold on Jan 1, 1970 for $199,900.
How much is this home worth?
The estimated value of the home located at 163 Lucerne Road is $212,086.
What are some comparable homes to 163 Lucerne Road?
There are currently no comparable homes to 163 Lucerne Road.
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