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Springfield 01119 Sixteen Acres
6 Lemnos Ln
$163,900
● House - Off Market

6 Lemnos Ln

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,638 Ft²
$357,823
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Well maintained 3 bedroom, 2.5 bath colonial with 1 car garage, central air and a nice fenced back yard. Across the Street from Western New England.This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved fo HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$101
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
2002

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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: 4 months ago (MLSPIN #71367122)

Price History

Date / Event Date Event Price
May 25, 2012 Sold
Premium
Sold
Apr 13, 2012 Listed by Hanson Realty $164,900
Listed by Hanson Realty
Feb 17, 2005 Sold
Premium
Sold
Dec 1, 2004 Listed by Keller Williams Realty $185,500
Listed by Keller Williams Realty
MOTIVATED SELLER - $3,000 Toward Closing Cost. NEWLY CONSTRUCTED HOME WITH A GREAT EYE APPEAL. GREAT LOCATION TO MANY AMENITIES. LOVELY HOME IN A MOVE-IN CONDITION. MUST SEE... THIS IS A SPARKLING DIAMOND!

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,505
  • Total Building Area: 1,638
  • Gross Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VISTA PINE ESTATES LEMNOS LANE
  • 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: 76730005
  • Parcel: SPRI S:07673 P:0005
  • Municipality: SPRINGFIELD
  • Latitude: 42.1179
  • Longitude: -72.5164

    Address

  • Full Address: 6 Lemnos Ln
  • Address - House Number: 6
  • Address - Street Name: Lemnos
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2446
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,800

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 355,403
  • High Value: 426,875
  • Low Value: 283,931

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,300
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $272,300

    Sales

  • Current Sale Recording Date: May 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 24, 2012
  • Previous Sale Amount: $178,006
  • Previous Sale Document Type: 34

    Financing

  • First Mortgage Financing Type: ADJ
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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71367122

Frequently Asked Questions

When was property at 6 Lemnos Lane built and last sold?
The property at 6 Lemnos Lane was built in 2002 and last sold on Jan 1, 1970 for $163,900.
How much is this home worth?
The estimated value of the home located at 6 Lemnos Lane is $182,346.
What are some comparable homes to 6 Lemnos Lane?
There are currently no comparable homes to 6 Lemnos Lane.
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