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Springfield 01118 Sixteen Acres
45 Laurelwood Ln
Photo of 45 Laurelwood Ln
Sold on Apr 25, 2006

1

Map

$186,000
● House - Off Market

45 Laurelwood Ln

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$324,352
RealtyHop Estimate
68.49%
Since May 1, 2006
National-US
Primary Model

About This Property

Don't miss this one! Beautifully decorated thru-out this eye-catching 3/4BR Cape has everything you've been looking for! Central air, six panel doors, fully applianced eat-in kit. w/loads of cabinet space, spacious bright LRM, new 2nd flr. addition (2003) w/2 bedrms., full bath w/soaking tub, huge MBR w/sitting area, recessed lighting & tons of closet space! Partially finished dry basement w/office area, security system, newer landscaping, vinyl exterior & private cul-de-sac location.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$135
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1991

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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: 5 months ago (MLSPIN #70340437)

Price History

Date / Event Date Event Price
Apr 26, 2006 Sold
Premium
Sold
Mar 3, 2006 Listed $192,500
Listed
Aug 30, 2000 Sold
Premium
Sold
Jul 10, 2000 Listed by Carlson GMAC Real Estate $99,500
Listed by Carlson GMAC Real Estate
EXPANDABLE SECOND FLOOR HAS ROUGH PLUMBING FOR 2ND BATH & 2 MORE BEDROOMS. GREAT LOCATION ON CUL-DE-SAC WITH FENCED YARD. VINYL SIDING. CENTRAL AIR AND MORE. REFRIGERATOR, STOVE, BUILT-IN TOASTER, SATELLITE DISH INCL.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7,732
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASTLE HILL
  • Land Acres: 0000000178
  • 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: 75620027
  • Parcel: SPRI S:07562 P:0027
  • Municipality: SPRINGFIELD
  • Latitude: 42.0891
  • Longitude: -72.5041

    Address

  • Full Address: 45 Laurelwood Ln
  • Address - House Number: 45
  • Address - Street Name: Laurelwood
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2656
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,100

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 305,086
  • High Value: 365,600
  • Low Value: 244,573

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,300
  • Assessed Land Value: $54,300
  • Assessed Improvements Value: $188,000

    Sales

  • Current Sale Recording Date: Dec 02, 2013
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 26, 2006
  • Previous Sale Amount: $186,000
  • 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70340437

Frequently Asked Questions

When was property at 45 Laurelwood Lane built and last sold?
The property at 45 Laurelwood Lane was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 45 Laurelwood Lane is $201,334.
What are some comparable homes to 45 Laurelwood Lane?
There are currently no comparable homes to 45 Laurelwood Lane.
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