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Longmeadow 01106
50 Wheel Meadow
$361,000
● House - Off Market

50 Wheel Meadow

Longmeadow, MA 01106
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,154 Ft²
$567,631
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

This is truly a rare opportunity in Longmeadow. With a prime location, the house remains in the top of the line condition that existed when it was built in the 1960s. The current owner has decided not to update it to their taste but rather allow the end buyer to decorate to their own desires. Update the kitchen and include the dining area for a larger kitchen? Remove the wall between the dining room for an open look? The first floor provides all the space expected in a large Ranch with first floor Master Bedroom and Master bath, a main bathroom and a second bedroom. In fact, the right side of the house was built as a Cape with full dormer and two good sized bedrooms, a bathroom and a sitting area. The area over the living room and dining room remains unfinished bringing many more opportunities.
Unit Size
3,154 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$117
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
1960

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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 #72267859)

Price History

Date / Event Date Event Price
Apr 30, 2018 Sold
Premium
Sold
Jan 17, 2018 Sold
Premium
Sold
Jan 3, 2018 Listed by Coldwell Banker Residential Brokerage - Longmeadow $369,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,144
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,098
  • Total Building Area: 3,154
  • Gross Building Area: 7,400
  • Building Area: 3,154
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,154
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000829
  • 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: 813301

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0750 B:0003 L:0040
  • Block: 3
  • Lot: 40
  • Municipality: LONGMEADOW
  • Latitude: 42.054
  • Longitude: -72.5845

    Address

  • Full Address: 50 Wheel Meadow Dr
  • Address - House Number: 50
  • Address - Street Name: Wheel Meadow
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C010
  • 4-Digit Zip Code: 1826
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,223,600

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 578,472
  • High Value: 686,891
  • Low Value: 470,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,700
  • Assessed Land Value: $181,000
  • Assessed Improvements Value: $410,700

    Sales

  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23372
  • Previous Sale Recording Date: Jan 17, 2018
  • Previous Sale Amount: $410,600
  • Previous Sale Document Type: 34
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

$257

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2827 ft²

Average Home Age

71.5 years

Currently For Sale

35 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: 5 months ago
Data Source: MLS PIN, MLS# 72267859

Frequently Asked Questions

When was property at 50 Wheelmeadow Drive built and last sold?
The property at 50 Wheelmeadow Drive was built in 1960 and last sold on Jan 1, 1970 for $361,000.
How much is this home worth?
The estimated value of the home located at 50 Wheelmeadow Drive is $396,336.
What are some comparable homes to 50 Wheelmeadow Drive?
There are currently no comparable homes to 50 Wheelmeadow Drive.
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