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Springfield 01129 Sixteen Acres
18 Sara Lynn Drive
Photo of 18 Sara Lynn Drive
Sold on Aug 15, 2007

1

Map

$192,200
● House - Off Market

18 Sara Lynn Drive

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,053 Ft²
$355,383
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Well-maintained spacious Ranch in 16 Acres - opposite conservation land. Large fenced yard includes small fish pond - like an oasis! Covered deck w/built-in speakers & ceiling fan makes perfect outdoor entertaining! Hardwood floors, Central Air, bright finished family room, office & half bath in basement. Electronic Skylight in full bath. Large eat-in kitchen with new Pergo floor and countertops. Replacement windows and good closet space! Enjoy your summer here - now!
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$195
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1985

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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 #70599282)

Price History

Date / Event Date Event Price
Aug 15, 2007 Sold
Premium
Sold
Jun 16, 2007 Listed $204,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,141
  • Total Building Area: 1,553
  • Gross Building Area: 1,553
  • Building Area: 1,553
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,553
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 105950010
  • Parcel: SPRI S:10595 P:0010
  • Municipality: SPRINGFIELD
  • Latitude: 42.122
  • Longitude: -72.4962

    Address

  • Full Address: 18 Sara Lynn Dr
  • Address - House Number: 18
  • Address - Street Name: Sara Lynn
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 1607
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,600

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 301,256
  • High Value: 361,515
  • Low Value: 240,996

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,500
  • Assessed Land Value: $55,100
  • Assessed Improvements Value: $183,400

    Sales

  • Current Sale Recording Date: Aug 15, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 133125
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# 70599282

Frequently Asked Questions

When was property at 18 Sara Lynn Drive built and last sold?
The property at 18 Sara Lynn Drive was built in 1985 and last sold on Jan 1, 1970 for $192,200.
How much is this home worth?
The estimated value of the home located at 18 Sara Lynn Drive is $209,902.
What are some comparable homes to 18 Sara Lynn Drive?
There are currently no comparable homes to 18 Sara Lynn Drive.
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