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Springfield 01119 Sixteen Acres
54 Lumae
$156,000
● House - Off Market

54 Lumae

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$336,309
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

Got Kids??? Wonderfully maintained 4 bedroom Cape in a desirable neighborhood. The property features hardwood flooring, an eat-in kitchen, a partially finished basement, a one car garage, central air conditioning and more. Updates include newer windows, roof, and siding. Easy to show and priced to sell quickly. Motivated seller willing to help with your buyers closing costs.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$119
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #71062148)

Price History

Date / Event Date Event Price
May 21, 2010 Sold
Premium
Sold
Apr 9, 2010 Listed by Atlantic Realty Advisors $159,900
Listed by Atlantic Realty Advisors
Apr 23, 2003 Sold
Premium
Sold
Feb 4, 2003 Listed by Atlantic Realty Advisors $139,900
Listed by Atlantic Realty Advisors
Jun 4, 1993 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • 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: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 7,501
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 80100010
  • Parcel: SPRI S:08010 P:0010
  • Municipality: SPRINGFIELD
  • Latitude: 42.1191
  • Longitude: -72.505

    Address

  • Full Address: 54 Lumae St
  • Address - House Number: 54
  • Address - Street Name: Lumae
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2506
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,200

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 278,191
  • High Value: 334,136
  • Low Value: 222,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,400
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $146,400

    Sales

  • Current Sale Recording Date: May 21, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29546
  • Previous Sale Recording Date: Apr 23, 2003
  • Previous Sale Amount: $135,500
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1346 ft²

Average Home Age

53.5 years

Currently For Sale

26 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: 6 months ago
Data Source: MLS PIN, MLS# 71062148

Frequently Asked Questions

When was property at 54 Lumae Street built and last sold?
The property at 54 Lumae Street was built in 1950 and last sold on Jan 1, 1970 for $156,000.
How much is this home worth?
The estimated value of the home located at 54 Lumae Street is $168,685.
What are some comparable homes to 54 Lumae Street?
There are currently no comparable homes to 54 Lumae Street.
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