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Longmeadow 01106
240 Meadowlark Drive
$380,000
● House - Off Market

240 Meadowlark Drive

Longmeadow, MA 01106
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,699 Ft²
$386,573
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Executive Ranch offers convenient one-story living on a quiet, desirable street close to the elementary & middle schools.   Lovely ranch with central AC, hardwood floors, a two-car attached garage, and gas heat. 2.5 baths, three bedrooms with master bath. Nice backyard with deck. Easy commutes to CT or Western MA.
Unit Size
1,699 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$229
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1963

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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 #73141159)

Price History

Date / Event Date Event Price
Sep 18, 2023 Sold
Premium
Sold
Sep 7, 2023 In contract -
In contract
Aug 26, 2023 Relisted $388,999
Relisted
Aug 9, 2023 In contract -
In contract
Jul 26, 2023 Listed by Premier Choice Realty, Inc. $388,999
Listed by Premier Choice Realty, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,699
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,125
  • Total Building Area: 1,699
  • Gross Building Area: 4,138
  • Building Area: 1,699
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,699
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000347
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Longmeadow School District
  • School Tax School District: LONGMEADOW SD
  • Census Tract: 813304

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0501 B:0063 L:0061
  • Block: 63
  • Lot: 61
  • Municipality: LONGMEADOW
  • Latitude: 42.0444
  • Longitude: -72.5579

    Address

  • Full Address: 240 Meadowlark Dr
  • Address - House Number: 240
  • Address - Street Name: Meadowlark
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C021
  • 4-Digit Zip Code: 2739
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $811,700

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 400,383
  • High Value: 479,888
  • Low Value: 320,878

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,500
  • Assessed Land Value: $159,100
  • Assessed Improvements Value: $233,400

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43979
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 Longmeadow

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$256

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2864 ft²

Average Home Age

68.8 years

Currently For Sale

32 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# 73141159

Frequently Asked Questions

When was property at 240 Meadowlark Drive built and last sold?
The property at 240 Meadowlark Drive was built in 1963 and last sold on Sep 14, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 240 Meadowlark Drive is $394,494.
What are some comparable homes to 240 Meadowlark Drive?
There are currently no comparable homes to 240 Meadowlark Drive.
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