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Springfield 01119 Sixteen Acres
28 Lemnos Lane
Photo of 28 Lemnos Lane
Sold on Aug 21, 2009

1

Map

$228,000
● House - Off Market

28 Lemnos Lane

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,944 Ft²
$481,691
RealtyHop Estimate
107.63%
Since Sep 1, 2009
National-US
Primary Model

About This Property

Nicely maintained 7-year-old colonial offers large bedrooms, central a/c; sprinkler system; walk-in closet, and lots of woodwork, even in the finished basement. Hardwood floors in dining room and living room. Finished basement is presently used for family/play room, but has many possibilities.  Back deck provides a great spot for summer entertaining.  Location is convenient; street is dead-end cul-de-sac with other newer homes.
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$119
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
2003

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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: 5 months ago (MLSPIN #70936014)

Price History

Date / Event Date Event Price
Aug 21, 2009 Sold
Premium
Sold
Jun 18, 2009 Listed $232,000
Listed
Oct 28, 2005 Sold
Premium
Sold
Sep 14, 2005 Listed $239,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 7,527
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VISTA PINE ESTATES LEMNOS LANE
  • Land Acres: 0000000173
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 76730020
  • Parcel: SPRI S:07673 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1185
  • Longitude: -72.5166

    Address

  • Full Address: 28 Lemnos Ln
  • Address - House Number: 28
  • Address - Street Name: Lemnos
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2446
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,100

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 375,865
  • High Value: 449,408
  • Low Value: 302,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,900
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $278,900

    Sales

  • Current Sale Recording Date: Aug 21, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 55801
  • Previous Sale Recording Date: Oct 28, 2005
  • Previous Sale Amount: $237,900
  • 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:

$319,950

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1366 ft²

Average Home Age

55.7 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 70936014

Frequently Asked Questions

When was property at 28 Lemnos Lane built and last sold?
The property at 28 Lemnos Lane was built in 2003 and last sold on Jan 1, 1970 for $228,000.
How much is this home worth?
The estimated value of the home located at 28 Lemnos Lane is $249,027.
What are some comparable homes to 28 Lemnos Lane?
There are currently no comparable homes to 28 Lemnos Lane.
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