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Springfield 01119 Sixteen Acres
164 Lumae St
$153,900
● House - Off Market

164 Lumae St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,418 Ft²
$279,478
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Generous sized rooms in this Vinyl sided 6 Room L Ranch in the Sixteen Acres Neighborhood. Updates include: Freshly painted interior, Gleaming oak floors, New vinyl floor in Eat-in Kitchen. Side door has covered entry with easy garage access. Fenced back yard offers room for play. Showings begin at Open House Sunday, 12/21/14 1:30-3:00
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$106
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71777797)

Price History

Date / Event Date Event Price
Jan 30, 2015 Sold
Premium
Sold
Dec 18, 2014 Listed by Sears Real Estate, Inc. $149,900
Listed by Sears Real Estate, Inc.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,884
  • Total Building Area: 1,418
  • Gross Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000342
  • 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: 80100026
  • Parcel: SPRI S:08010 P:0026
  • Municipality: SPRINGFIELD
  • Latitude: 42.122
  • Longitude: -72.5054

    Address

  • Full Address: 164 Lumae St
  • Address - House Number: 164
  • Address - Street Name: Lumae
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2508
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,200

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 281,643
  • High Value: 338,281
  • Low Value: 225,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,200
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $145,500

    Sales

  • Current Sale Recording Date: Jan 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4555
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71777797

Frequently Asked Questions

When was property at 164 Lumae Street built and last sold?
The property at 164 Lumae Street was built in 1956 and last sold on Jan 1, 1970 for $153,900.
How much is this home worth?
The estimated value of the home located at 164 Lumae Street is $163,643.
What are some comparable homes to 164 Lumae Street?
There are currently no comparable homes to 164 Lumae Street.
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