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Springfield 01104 Liberty Heights
47 Laurence St
$237,900
● House - Off Market

47 Laurence St

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$374,065
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

NEW CONSTRUCTION This beautiful new construction has quality custom features throughout, and a bright open floor plan and flow. A magnificent kitchen with all granite counters, and breakfast bar, opens to the dining room with sliders leading to the large deck, living room with hardwoods that run through the entire first level. Half bath located on the main level with granite vanity and washer dryer hookup. Wide oak staircase leads you to the second floor which fills your wishes with the master bedroom, master bath with double vanity and granite, walk in closet, two additional bedrooms and a full bath.  This very special home also features recessed lighting and a full basement! This wonderful home is nestled on a lovely established street with a nice yard.  The best value for a beautiful new construction!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 6 months ago (MLSPIN #72215017)

Price History

Date / Event Date Event Price
Nov 24, 2020 Sold
Premium
Sold
Sep 29, 2020 Listed by Keller Williams Realty $270,000
Listed by Keller Williams Realty
Sep 27, 2017 Sold
Premium
Sold
Aug 17, 2017 Listed by Keller Williams Realty $234,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 5,001
  • Total Building Area: 1,416
  • Gross Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,416
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 75650035
  • Parcel: SPRI S:07565 P:0035
  • Municipality: SPRINGFIELD
  • Latitude: 42.1291
  • Longitude: -72.5763

    Address

  • Full Address: 47 Laurence St
  • Address - House Number: 47
  • Address - Street Name: Laurence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 2607
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $554,500

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 344,697
  • High Value: 414,230
  • Low Value: 275,163

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,200
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $292,300

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69754
  • Previous Sale Recording Date: Sep 27, 2017
  • Previous Sale Amount: $237,900
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1663 ft²

Average Home Age

93.6 years

Currently For Sale

36 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72215017

Frequently Asked Questions

When was property at 47 Laurence Street built and last sold?
The property at 47 Laurence Street was built in 2017 and last sold on Nov 11, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 47 Laurence Street is $273,100.
What are some comparable homes to 47 Laurence Street?
There are currently no comparable homes to 47 Laurence Street.
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