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Springfield 01128 Sixteen Acres
178 Slumber Ln
$230,000
● House - Off Market

178 Slumber Ln

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
840 Ft²
$238,404
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to Slumber Ln the name says it all., A no -through road. located near the East Longmeadow line. A 5 room 3-bedroom ranch style home with some recent updates. Newer carpets and vinyl flooring throughout most of the house. Newer countertop. sink. faucet and. range vent Some new doors Vaulted ceilings and exposed beams in Livingroom. Kitchen range, refrigerator washer and dryer Gas heat and hot water. Full basement that could be finished for more living space. Fenced in backyard. Close to area amenities. House should be eligible for FHA or VA financing.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$286
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1971

Payment Calculator

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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 #73141140)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Aug 23, 2023 In contract -
In contract
Jul 26, 2023 Listed by Berkshire Hathaway HomeServices Realty Professionals $239,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Feb 19, 2008 Sold
Premium
Sold
Dec 3, 2007 Listed by Berkshire Hathaway HomeServices Realty Professionals $110,000
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 8,577
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000197
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 109100032
  • Parcel: SPRI S:10910 P:0032
  • Municipality: SPRINGFIELD
  • Latitude: 42.0924
  • Longitude: -72.4772

    Address

  • Full Address: 178 Slumber Ln
  • Address - House Number: 178
  • Address - Street Name: Slumber
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1318
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $269,400

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 227,964
  • High Value: 277,069
  • Low Value: 178,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,000
  • Assessed Land Value: $56,700
  • Assessed Improvements Value: $101,300

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 43584
  • Previous Sale Recording Date: Feb 19, 2008
  • Previous Sale Amount: $98,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73141140

Frequently Asked Questions

When was property at 178 Slumber Lane built and last sold?
The property at 178 Slumber Lane was built in 1971 and last sold on Sep 15, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 178 Slumber Lane is $235,876.
What are some comparable homes to 178 Slumber Lane?
There are currently no comparable homes to 178 Slumber Lane.
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