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Springfield 01118 Sixteen Acres
40 Winding Lane
Photo of 40 Winding Lane
Sold on Sep 28, 2007

1

Map

$179,900
● House - Off Market

40 Winding Lane

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$314,817
RealtyHop Estimate
75.00%
Since Oct 1, 2007
National-US
Primary Model

About This Property

Great Ranch with breezeway and attached garage on no exit street. Spacious Living Room, bay window and beautiful wood floors, as also in 3 bedrooms. Kitchen with dining area, bow window and appliances. Convenient 1st floor laundry. Updated heating and central air. Lovely 1/2 acre yard near golf course.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$164
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1965

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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 #70632364)

Price History

Date / Event Date Event Price
Sep 28, 2007 Sold
Premium
Sold
Aug 16, 2007 Listed $179,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,634
  • Total Building Area: 1,075
  • Gross Building Area: 1,075
  • Building Area: 1,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,075
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000474
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 123650010
  • Parcel: SPRI S:12365 P:0010
  • Municipality: SPRINGFIELD
  • Latitude: 42.0994
  • Longitude: -72.5152

    Address

  • Full Address: 40 Winding Ln
  • Address - House Number: 40
  • Address - Street Name: Winding
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 1958
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,000

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 286,673
  • High Value: 343,534
  • Low Value: 229,811

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,700
  • Assessed Land Value: $62,100
  • Assessed Improvements Value: $176,600

    Sales

  • Current Sale Recording Date: Sep 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 78941
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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70632364

Frequently Asked Questions

When was property at 40 Winding Lane built and last sold?
The property at 40 Winding Lane was built in 1965 and last sold on Jan 1, 1970 for $179,900.
How much is this home worth?
The estimated value of the home located at 40 Winding Lane is $188,771.
What are some comparable homes to 40 Winding Lane?
There are currently no comparable homes to 40 Winding Lane.
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