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Springfield 01107 Liberty Heights
60 Lexington St
$150,000
● House - Off Market

60 Lexington St

Springfield, MA 01107
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,436 Ft²
$989
Est. Monthly

About This Property

Welcome to this charming colonial style home located near to Baystate medical center in Springfield. With 5 bedrooms and 2.5 bathrooms, this home offers plenty of space for anyone, and can a great investment for those willing to put in some TLC. The interior of the home boasts a functional layout and the kitchen is a blank slate waiting for your personal touch.  This home is situated on a corner lot that offers plenty of room for outdoor activities, gardening, or simply relaxing. Don't miss your chance to own this wonderful home with great potential. With a little bit of elbow grease, you can turn this diamond in the rough into your dream home.  Roof was replaced in November of 2023.  This property is being sold in "AS-IS" condition and must be on the MLS for a minimum of 7 days prior to any offer being accepted.
Unit Size
1,436 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$111
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1909

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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 #73182612)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Jan 4, 2024 In contract -
In contract
Nov 25, 2023 Listed by Ideal Real Estate Services, Inc. $159,900
Listed by Ideal Real Estate Services, Inc.
Sep 26, 2022 Sold
Premium
Sold
Feb 9, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 181
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,560
  • Total Building Area: 1,436
  • Gross Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 800500

Zoning

  • Zoning: R2

Geography

  • Account Number: 77450020
  • Parcel: SPRI S:07745 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1179
  • Longitude: -72.5999

    Address

  • Full Address: 60 Lexington St
  • Address - House Number: 60
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1715
  • Zip Code: 01107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $244,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 158,990
  • High Value: 172,878
  • Low Value: 145,102

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,100
  • Assessed Land Value: $28,400
  • Assessed Improvements Value: $114,700

    Sales

  • Current Sale Contract Date: Feb 08, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5843
  • Previous Sale Recording Date: Sep 26, 2022
  • Previous Sale Contract Date: Sep 15, 2022
  • Previous Sale Amount: $114,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1863 ft²

Average Home Age

90.8 years

Currently For Sale

40 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73182612

Frequently Asked Questions

When was property at 60 Lexington Street built and last sold?
The property at 60 Lexington Street was built in 1909 and last sold on Feb 8, 2024 for $150,000.
How much is this home worth?
The estimated value of the home located at 60 Lexington Street is $160,944.
What are some comparable homes to 60 Lexington Street?
There are currently no comparable homes to 60 Lexington Street.
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