For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Springfield 01151 Indian Orchard
47 Lorimer
$72,000
● House - Off Market

47 Lorimer

Springfield, MA 01151
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,327 Ft²
$225,600
RealtyHop Estimate
213.33%
Since Nov 1, 1999
National-US
Primary Model

About This Property

I AM BIGGER THAN I LOOK 6 RM EXPANDABLE CAPE OFFERS 3 BRS FORMAL DR LR W/FIREPLACE WALL TO WALL CARPETING & HRDWD FLRS NEWER HEATING SYSTEM AND ROOF FENCED YARD LOCATED NEAR PUBLIC BEACH PARTIALLY FINISHED BASEMENT WITH WET BAR
Unit Size
1,327 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$54
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1940

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 years ago (MLSPIN #30300808)

Price History

Date / Event Date Event Price
Oct 14, 1999 Sold
Premium
Sold
Mar 12, 1999 Listed by Landmark, REALTORS® $72,000
Listed by Landmark, REALTORS®
Aug 1, 1990 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,373
  • Gross Building Area: 1,373
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEMONT TERRACE
  • 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: 800101

Zoning

  • Zoning: R1

Geography

  • Account Number: 79350041
  • Parcel: SPRI S:07935 P:0041
  • Municipality: SPRINGFIELD
  • Latitude: 42.1469
  • Longitude: -72.5175

    Address

  • Full Address: 47 Lorimer St
  • Address - House Number: 47
  • Address - Street Name: Lorimer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Indian Orchard
  • Carrier Code: C003
  • 4-Digit Zip Code: 1816
  • Zip Code: 01151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312,200

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 267,439
  • High Value: 326,485
  • Low Value: 208,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,100
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $150,200

    Sales

  • Current Sale Recording Date: Oct 14, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 01, 1990
  • Previous Sale Amount: $97,000
  • 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 Indian Orchard

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$200

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2412 ft²

Average Home Age

98.8 years

Currently For Sale

21 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30300808

Frequently Asked Questions

When was property at 47 Lorimer Street built and last sold?
The property at 47 Lorimer Street was built in 1940 and last sold on Jan 1, 1970 for $72,000.
How much is this home worth?
The estimated value of the home located at 47 Lorimer Street is $0.
What are some comparable homes to 47 Lorimer Street?
There are currently no comparable homes to 47 Lorimer Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Springfield Homes for Sale
Springfield Houses for Sale
Springfield Condos for Sale
Springfield Co-Ops for Sale
Springfield Townhouses for Sale
Springfield Multifamily for Sale
Springfield Land for Sale
Springfield Commercial for Sale
Nearby Cities
Chicopee Homes for Sale
Westfield Homes for Sale
Agawam Town Homes for Sale
West Springfield Town Homes for Sale
Holyoke Homes for Sale
Longmeadow Homes for Sale
Wilbraham Homes for Sale
Thompsonville Homes for Sale
Nearby Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Tolland County, CT Property Records
Hartford County, CT Property Records
Franklin County, MA Property Records
Windham County, CT Property Records
Berkshire County, MA Property Records
Worcester County, MA Property Records
Neighborhoods
Forest Park Real Estate
Sixteen Acres Real Estate
East Forest Park Real Estate
Liberty Heights Real Estate
Pine Point Real Estate
East Springfield Real Estate
Indian Orchard Real Estate
Boston Road Real Estate
Nearby Counties
Chicopee Homes for Sale
Westfield Homes for Sale
Agawam Town Homes for Sale
West Springfield Town Homes for Sale
Holyoke Homes for Sale
Longmeadow Homes for Sale
Ludlow Homes for Sale
East Longmeadow Homes for Sale
Top Real Estate Agents
Top Agents in Indian Orchard
Top Agents in Springfield
Top Agents in Chicopee
Top Agents in Chicopee
Top Agents in Westfield
Top Agents in Westfield
Top Agents in Agawam Town
Top Agents in Agawam Town