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Springfield 01129 Sixteen Acres
70 Thyme Ln
Photo of 70 Thyme Ln

1

Map

$164,500
● House - Off Market

70 Thyme Ln

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$1,086
Est. Monthly

About This Property

Looking for New or Like New?  Don't want to have to do anything but move in?  Then this LIKE NEW Ranch is the one for you!  Totally remodeled, this home  features a new kitchen with stainless steel appliances included and ceramic tile flooring, totally new bathroom, brand new hi effeciency gas forced hot air heat conversion, upgraded 200 amp electric circuit breaker panel, large screened in patio, fenced yard and so much more. EASY TO SEE. CALL NOW!!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$140
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1971

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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: 3 months ago (MLSPIN #71159114)

Price History

Date / Event Date Event Price
Sep 26, 2019 Sold
Premium
Sold
Aug 5, 2019 Listed by Keller Williams Realty $195,000
Listed by Keller Williams Realty
Nov 3, 2010 Listed by Keller Williams Realty $164,500
Listed by Keller Williams Realty
Sep 3, 2010 Sold
Premium
Sold
Jun 3, 2010 Listed by Keller Williams Realty $89,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,143
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 115500014
  • Parcel: SPRI S:11550 P:0014
  • Municipality: SPRINGFIELD
  • Latitude: 42.1253
  • Longitude: -72.4807

    Address

  • Full Address: 70 Thyme Ln
  • Address - House Number: 70
  • Address - Street Name: Thyme
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1524
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $444,000

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 297,077
  • High Value: 356,501
  • Low Value: 237,654

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,400
  • Assessed Land Value: $55,500
  • Assessed Improvements Value: $204,900

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Sep 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 219641
  • Previous Sale Recording Date: Sep 03, 2010
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 48
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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: 3 months ago
Data Source: MLS PIN, MLS# 71159114

Frequently Asked Questions

When was property at 70 Thyme Lane built and last sold?
The property at 70 Thyme Lane was built in 1971 and last sold on Sep 26, 2019 for $195,000.
How much is this home worth?
The estimated value of the home located at 70 Thyme Lane is $198,817.
What are some comparable homes to 70 Thyme Lane?
There are currently no comparable homes to 70 Thyme Lane.
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