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Springfield 01109 Sixteen Acres
59 Lakevilla Ave
$169,900
● House - Off Market

59 Lakevilla Ave

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,048 Ft²
$254,142
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

This is the one you have been waiting for! Move right into this absolutely charming Ranch located on a quiet dead end street. This newly renovated 3 bedroom, 1 bath home offers a beautifully remodeled kitchen with refinished cabinets, granite countertop, recessed lighting, stainless steel appliances, and flooring. Bedrooms offer vibrant refinished hardwood floors. Renovated bathroom offers tile tub surround, new toilet, and new vanity. This lovely home has many other updates and features: new replacement windows, new exterior doors, new efficient oil furnace, new hot water tank, and new interior/exterior lighting. Updated electric and plumbing! Backyard has been reseeded. Make this your new home today!
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$162
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1958

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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 #72442379)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Jan 17, 2019 Listed by First NationWide Realty Inc. $169,900
Listed by First NationWide Realty Inc.
Nov 2, 2018 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,048
  • Gross Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 6

    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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 74600035
  • Parcel: SPRI S:07460 P:0035
  • Municipality: SPRINGFIELD
  • Latitude: 42.1127
  • Longitude: -72.5314

    Address

  • Full Address: 59 Lakevilla Ave
  • Address - House Number: 59
  • Address - Street Name: Lakevilla
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1403
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,600

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 267,427
  • High Value: 326,333
  • Low Value: 208,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,600
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $166,600

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 217693
  • Previous Sale Recording Date: Nov 02, 2018
  • Previous Sale Amount: $88,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1371 ft²

Average Home Age

56.7 years

Currently For Sale

25 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# 72442379

Frequently Asked Questions

When was property at 59 Lakevilla Avenue built and last sold?
The property at 59 Lakevilla Avenue was built in 1958 and last sold on Mar 29, 2019 for $169,900.
How much is this home worth?
The estimated value of the home located at 59 Lakevilla Avenue is $177,037.
What are some comparable homes to 59 Lakevilla Avenue?
There are currently no comparable homes to 59 Lakevilla Avenue.
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