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Springfield 01119 Pine Point
73 Lamont St
$175,000
● House - Off Market

73 Lamont St

Springfield, MA 01119
bedrooms
2 Beds
bathrooms
1 Bath
square feet
802 Ft²
$1,006
Est. Monthly

About This Property

Investors take notice! Your next project is in Pine Point- this gem is ready to shine again. Featuring 2 bedrooms, 1 bathroom,  living room open to dining room, first floor laundry, two driveways and a good sized backyard. Mechanicals are in good shape, some simple cosmetics will bring this property back to life. **Please submit highest & best offers by 5:00pm Friday 9/20/24**
Unit Size
802 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$200
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1923

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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 #73290601)

Price History

Date / Event Date Event Price
Nov 4, 2024 Sold
Premium
Sold
Sep 21, 2024 In contract -
In contract
Sep 16, 2024 Listed by Coldwell Banker Realty - Western MA $160,000
Listed by Coldwell Banker Realty - Western MA
Investors take notice! Your next project is in Pine Point- this gem is ready to shine again. Featuring 2 bedrooms, 1 bathroom, living room open to dining room, first floor laundry, two driveways and a good sized backyard. Mechanicals are in good shape, some simple cosmetics will bring this property back to life. **Please submit highest & best offers by 5:00pm Friday 9/20/24**
May 20, 1996 Sold
Premium
Sold
Sep 7, 1995 Listed by Coldwell Banker Realty - Western MA $42,500
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 5,001
  • Total Building Area: 802
  • Gross Building Area: 802
  • Building Area: 802
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 802
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 74700083
  • Parcel: SPRI S:07470 P:0083
  • Municipality: SPRINGFIELD
  • Latitude: 42.1293
  • Longitude: -72.5255

    Address

  • Full Address: 73 Lamont St
  • Address - House Number: 73
  • Address - Street Name: Lamont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1422
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $241,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 207,184
  • High Value: 244,467
  • Low Value: 169,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,500
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $108,600

    Sales

  • Current Sale Recording Date: May 20, 1996
  • Current Sale Price:
    Premium
  • Current 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 Pine Point

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1397 ft²

Average Home Age

85.1 years

Currently For Sale

28 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73290601

Frequently Asked Questions

When was property at 73 Lamont Street built and last sold?
The property at 73 Lamont Street was built in 1923 and last sold on Jan 1, 1970 for $42,500.
How much is this home worth?
The estimated value of the home located at 73 Lamont Street is $154,518.
What are some comparable homes to 73 Lamont Street?
There are currently no comparable homes to 73 Lamont Street.
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