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Springfield 01119 Sixteen Acres
165 Lumae Street
$154,900
● House - Off Market

165 Lumae Street

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$310,249
RealtyHop Estimate
100.29%
Since Sep 1, 2004
National-US
Primary Model

About This Property

Move right into this immaculate 16 Acres ranch.Many updates include:newer architectural roof,siding,Andersen windows,exterior doors,paint thruout,kit countertops & appliances 2002 APO.Newer cent air,fenced backyard,lg storage shed, widened driveway 2003 APO.2 min to WNEC.Handicap accessible.Absolutely WON'T LAST
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$147
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1983

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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: 5 months ago (MLSPIN #70055984)

Price History

Date / Event Date Event Price
Aug 24, 2004 Sold
Premium
Sold
Jun 25, 2004 Listed by Park Square Realty $154,900
Listed by Park Square Realty
May 31, 2002 Sold
Premium
Sold
Feb 12, 2002 Listed by Park Square Realty $117,000
Listed by Park Square Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,850
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 80100027
  • Parcel: SPRI S:08010 P:0027
  • Municipality: SPRINGFIELD
  • Latitude: 42.1222
  • Longitude: -72.5049

    Address

  • Full Address: 165 Lumae St
  • Address - House Number: 165
  • 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: $340,100

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 268,646
  • High Value: 322,671
  • Low Value: 214,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,500
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $150,500

    Sales

  • Current Sale Recording Date: Aug 24, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 31, 2002
  • Previous Sale Amount: $113,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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: 5 months ago
Data Source: MLS PIN, MLS# 70055984

Frequently Asked Questions

When was property at 165 Lumae Street built and last sold?
The property at 165 Lumae Street was built in 1983 and last sold on Jan 1, 1970 for $154,900.
How much is this home worth?
The estimated value of the home located at 165 Lumae Street is $162,621.
What are some comparable homes to 165 Lumae Street?
There are currently no comparable homes to 165 Lumae Street.
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