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West Springfield Town 01089
49 Lyman St
$245,000
● House - Off Market

49 Lyman St

West Springfield, MA 01089
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,455 Ft²
$361,433
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

This well maintained and beautifully updated home with 4 bedrooms, 1.5 bathrooms, great yard and a garage is conveniently located in desirable area of West Springfield close to Mittineague Park. First floor offers large living room, kitchen, dining room, 2 bedrooms and a full bathroom. Second floor has 2 more bedrooms, sitting area, and a half bath. Large beautifully finished family room and a laundry room are in the basement. Many updates and nice features: vinyl siding, replacement windows, doors, gas heat & hot water, large fenced yard, updated bathrooms, floors, fresh paint, roof re-shingled in 2014 (APO), electric panel replaced in 2013 (APO), and more. Don't miss this one, Call now!
Unit Size
1,455 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$168
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72476304)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 3, 2019 Listed by Century 21 A-1 Nolan Realty $245,000
Listed by Century 21 A-1 Nolan Realty
Aug 30, 2013 Sold
Premium
Sold
May 20, 2013 Listed by Century 21 A-1 Nolan Realty $159,900
Listed by Century 21 A-1 Nolan Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Total Building Area: 1,337
  • Gross Building Area: 2,791
  • Building Area: 1,337
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,337
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Springfield School District
  • School Tax School District: W SPRINGFLD SD
  • Census Tract: 812403

Geography

  • Account Number: 360-20150-58-001
  • District: 325
  • Parcel: WSPR M:00360 B:20150 L:00058
  • Block: 20150
  • Lot: 58
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1026
  • Longitude: -72.6432

    Address

  • Full Address: 49 Lyman St
  • Address - House Number: 49
  • Address - Street Name: Lyman
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 3132
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $403,700

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 322,922
  • High Value: 388,056
  • Low Value: 257,788

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,600
  • Assessed Land Value: $99,300
  • Assessed Improvements Value: $173,300

    Sales

  • Current Sale Contract Date: May 28, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28863
  • Previous Sale Recording Date: Aug 30, 2013
  • Previous Sale Amount: $155,000
  • 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 West Springfield Town

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2039 ft²

Average Home Age

71.7 years

Currently For Sale

33 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: 5 months ago
Data Source: MLS PIN, MLS# 72476304

Frequently Asked Questions

When was property at 49 Lyman Street built and last sold?
The property at 49 Lyman Street was built in 1955 and last sold on May 28, 2019 for $245,000.
How much is this home worth?
The estimated value of the home located at 49 Lyman Street is $248,821.
What are some comparable homes to 49 Lyman Street?
There are currently no comparable homes to 49 Lyman Street.
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