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$124,900
● Multifamily - Off Market

35 Lenox

Springfield, MA
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,415 Ft²
$243,475
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Great investment or Owner occupied rental property  ! This large 2 family offers ample living space along with rental income. Both units have large rooms, hardwood floors , pocket doors, built ins & traditional wood trim . The 1st. floor unit has 1-2 bedrooms a stove & fridge , large front porch & basement access, The second unit is comprised of the second & third floor 5+ bedrooms, laundry hook-ups, Jacuzzi tub & all appliances to remain. This home  is in move in condition ! Priced to sell
Unit Size
3,415 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$37
Property Type
Multifamily
Property Taxes
$204
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71604740)

Price History

Date / Event Date Event Price
Dec 30, 2013 Sold
Premium
Sold
Nov 5, 2013 Listed by Acuna Real Estate $124,900
Listed by Acuna Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry), Unit 2(Crown Molding), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections Varies per Unit
Flooring Type: Wood, Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
Laundry Features: Washer Hookup
Rooms: 12
Basement: Full, Interior Entry, Concrete
Exterior Details
Security Features: Unit 2 Security System
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Screens
Construction Materials: Frame, Brick
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot, Wooded
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R2
Parcel Number: 2591756
Water Source: Public
Financial Details
Tax Assessed Value: $124,100
Tax Annual Amount: $2,446
Utilities Details
Utilities: for Electric Range, Washer Hookup, Varies per Unit
Cooling Type: Unit 2(None)
Heating Type: Unit 2(Steam, Oil)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71604740
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