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Longmeadow 01106
49 Hanover Ln
$390,000
● House - Off Market

49 Hanover Ln

Longmeadow, MA 01106
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,864 Ft²
$598,184
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Move in to this updated 5 bedroom home with gleaming hardwood floors. Brand new kitchen with  huge eating area. Featuring granite counter tops, tile back splash and floors. Brand new stainless steal dishwater, refrigerator, and microwave. Vinyl siding, new thermo windows, doors light fixtures and 2 brand new tiled bathrooms , with upstairs bathroom featuring double sinks, and a new gas water tank. Rear yard offers large deck with large 1/2 acre lot to enjoy. This wonderful updated home is in close proximity to all schools.
Unit Size
1,864 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$215
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1973

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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: 4 months ago (MLSPIN #72436251)

Price History

Date / Event Date Event Price
Mar 1, 2019 Sold
Premium
Sold
Jan 2, 2019 Listed by William Raveis R.E. & Home Services $399,900
Listed by William Raveis R.E. & Home Services
Oct 4, 2018 Sold
Premium
Sold
Jun 20, 2018 Listed by William Raveis R.E. & Home Services $259,995
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 980
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,781
  • Total Building Area: 1,864
  • Gross Building Area: 3,484
  • Building Area: 1,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Longmeadow School District
  • School Tax School District: LONGMEADOW SD
  • Census Tract: 813304

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0366 B:0015 L:0057A
  • Block: 15
  • Lot: 57A
  • Municipality: LONGMEADOW
  • Latitude: 42.0436
  • Longitude: -72.5489

    Address

  • Full Address: 49 Hanover Ln
  • Address - House Number: 49
  • Address - Street Name: Hanover
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C004
  • 4-Digit Zip Code: 2839
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $895,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 450,526
  • High Value: 531,596
  • Low Value: 369,455

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,200
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $259,200

    Sales

  • Current Sale Contract Date: Feb 26, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10695
  • Previous Sale Recording Date: Oct 04, 2018
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
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 Longmeadow

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$256

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2864 ft²

Average Home Age

68.8 years

Currently For Sale

32 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72436251

Frequently Asked Questions

When was property at 49 Hanover Lane built and last sold?
The property at 49 Hanover Lane was built in 1973 and last sold on Feb 26, 2019 for $390,000.
How much is this home worth?
The estimated value of the home located at 49 Hanover Lane is $397,379.
What are some comparable homes to 49 Hanover Lane?
There are currently no comparable homes to 49 Hanover Lane.
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