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Springfield 01129 Boston Road
248 Laconia Street
Photo of 248 Laconia Street

20

Map

Photo of 248 Laconia Street
Photo of 248 Laconia Street
$339,900
↓ $9K (2.6%)
● House - For Sale

248 Laconia Street

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$2,386
Est. Monthly

About This Property

HUGE PRICE REDUCTION !............Rare opportunity for a 3 bedroom ranch property with finished basement and large heated garage with office and bath attached to run your business from your home or rent the house for additional income.Very well maintained with many updates, newer furnace, hot water heater, replacement windows.Near the Wilbraham line behind Lowe's.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$227
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1953

Listed By

Kate Dempsey
William Raveis R.E. & Home Services

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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: 18 days ago (MLSPIN #73540557)

Price History

Date / Event Date Event Price
Sep 14, 2026 Price Decreased $339,900
↓ $9K (2.6%)
Price Decreased
Jul 22, 2026 Price Decreased $349,000
↓ $30K (7.9%)
Price Decreased
Jun 23, 2026 Listed by William Raveis R.E. & Home Services $379,000
Listed by William Raveis R.E. & Home Services
Mar 17, 2017 Sold
Premium
Sold
Nov 9, 2016 Listed by William Raveis R.E. & Home Services $139,900
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Paved, Off Street, Paved
Garage Spaces: 6
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Game Room, Office, Internet Available - Satellite
Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator
Flooring Type: Laminate, Hardwood
Laundry Features: In Basement, Washer Hookup
Rooms: 6
Basement: Full, Partially Finished, Interior Entry, Bulkhead
Exterior Details
Has Property Attached
Square Footage: 1500
Square Footage Source: $0
Architectural Style: Ranch
Year Built Source: Owner
Year Built: 1953
Building Area Total: 1500
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Level
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10001
Water Source: Public
Financial Details
Tax Assessed Value: $244,100
Tax Annual Amount: $8,597
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 2
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000230
  • Standard Land Use Code: 2044
  • County Land Use Code: 031

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 801503

Zoning

  • Zoning: I2

Geography

  • Account Number: 74200028
  • Parcel: SPRI S:07420 P:0028
  • Municipality: SPRINGFIELD
  • Latitude: 42.1472
  • Longitude: -72.485

    Address

  • Full Address: 248 Laconia St
  • Address - House Number: 248
  • Address - Street Name: Laconia
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 1113
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,300
  • Assessed Land Value: $45,200
  • Assessed Improvements Value: $124,100

    Sales

  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13857
  • Previous Sale Recording Date: May 17, 1983
  • Previous Sale Amount: $39,000
  • 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 Boston Road

Stats & Trends

Median Asking:

$304,950

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1360 ft²

Average Home Age

72.2 years

Currently For Sale

6 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: 18 days ago
Data Source: MLS PIN, MLS# 73540557

Frequently Asked Questions

When was property at 248 Laconia Street built and last sold?
The property at 248 Laconia Street was built in 1953 and last sold on Jan 1, 1970 for $110,000.
How much is this home worth?
The estimated value of the home located at 248 Laconia Street is $332,575.
What are some comparable homes to 248 Laconia Street?
There are currently no comparable homes to 248 Laconia Street.
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