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Longmeadow 01106
242 Burbank Rd
$258,000
● House - Off Market

242 Burbank Rd

Longmeadow, MA 01106
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,524 Ft²
$361,992
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Are you looking to live in Longmeadow for under 250k?! This is it; 3 bedroom Cape within the Blueberry District and walking distance to Bliss Park Schools and Center of town! Fully renovated throughout. The kitchen is brand new with granite and stainless steel appliances! Hardwood floors have been refinished and both bathrooms are brand new! NEW ROOF AND WINDOWS and Attached one car garage is a plus! Make your appointment today!!
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$159
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1942

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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 #72453252)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed by Executive Real Estate, Inc. $335,000
Listed by Executive Real Estate, Inc.
Apr 1, 2019 Sold
Premium
Sold
Feb 14, 2019 Listed by Executive Real Estate, Inc. $242,000
Listed by Executive Real Estate, Inc.
Apr 12, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,145
  • Total Building Area: 1,524
  • Gross Building Area: 2,919
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 813303

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0117 B:0066 L:0048
  • Block: 66
  • Lot: 48
  • Municipality: LONGMEADOW
  • Latitude: 42.0589
  • Longitude: -72.5658

    Address

  • Full Address: 242 Burbank Rd
  • Address - House Number: 242
  • Address - Street Name: Burbank
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C002
  • 4-Digit Zip Code: 1525
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $684,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 364,875
  • High Value: 430,011
  • Low Value: 299,740

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,100
  • Assessed Land Value: $151,700
  • Assessed Improvements Value: $179,400

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85036
  • Previous Sale Recording Date: Apr 01, 2019
  • Previous Sale Contract Date: Mar 28, 2019
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: O
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# 72453252

Frequently Asked Questions

When was property at 242 Burbank Road built and last sold?
The property at 242 Burbank Road was built in 1942 and last sold on Nov 22, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 242 Burbank Road is $337,913.
What are some comparable homes to 242 Burbank Road?
There are currently no comparable homes to 242 Burbank Road.
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