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Springfield 01109 Pine Point
306 Laurelton St
$270,000
● House - Off Market

306 Laurelton St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,320 Ft²
$263,139
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Welcome to your new spacious home! Complete with central air, an oversized heated garage and a brand-new sump pump in your partially finished basement! This home boasts an open concept with a generous amount of natural sunlight shining directly into the large Kitchen, open dining room and cozy living room. Enjoy the beautiful deck overlooking the fenced in backyard directly off the kitchen for more entertaining. The second floor offers relaxing wall to wall carpet, a beautiful master bedroom with dual closets, a very spacious updated full bathroom, and two additional, great sized bedrooms. Don't miss your chance to own this meticulously cared for home!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$189
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
2004

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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 #72925325)

Price History

Date / Event Date Event Price
Feb 3, 2022 Sold
Premium
Sold
Dec 10, 2021 Listed by Keller Williams Realty $249,900
Listed by Keller Williams Realty
Jun 29, 2015 Sold
Premium
Sold
Jan 24, 2015 Listed by Keller Williams Realty $150,000
Listed by Keller Williams Realty
Sep 10, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 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: 5,001
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 75600031
  • Parcel: SPRI S:07560 P:0031
  • Municipality: SPRINGFIELD
  • Latitude: 42.1185
  • Longitude: -72.5306

    Address

  • Full Address: 306 Laurelton St
  • Address - House Number: 306
  • Address - Street Name: Laurelton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1911
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 297,494
  • High Value: 358,270
  • Low Value: 236,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,600
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $219,100

    Sales

  • Current Sale Contract Date: Jan 23, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7173
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Amount: $150,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1393 ft²

Average Home Age

86.3 years

Currently For Sale

28 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72925325

Frequently Asked Questions

When was property at 306 Laurelton Street built and last sold?
The property at 306 Laurelton Street was built in 2004 and last sold on Jan 23, 2022 for $270,000.
How much is this home worth?
The estimated value of the home located at 306 Laurelton Street is $251,626.
What are some comparable homes to 306 Laurelton Street?
There are currently no comparable homes to 306 Laurelton Street.
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