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Longmeadow 01106
79 Cherry Ln
$283,000
● House - Off Market

79 Cherry Ln

Longmeadow, MA 01106
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,268 Ft²
$885,362
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

MOVE IN!4 BR COLONIAL 2.5 BATHS,FAM RM/FP,1ST FLR LAUNDRY GREAT LOCATION, BLUEBERRY HILL AREA NR SCHOOLS & SHOPS.A/C SPRINKLERS,KIT/DINING AREA/SLIDERS TO DECK,LOVELY PRIVATE YD BIG BEDROOMS, WALK-UP ATTIC,SPACIOUS CLOSETS.MUST SEE!
Unit Size
2,268 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$123
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1977

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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 years ago (MLSPIN #30310484)

Price History

Date / Event Date Event Price
Jun 28, 1999 Sold
Premium
Sold
Apr 14, 1999 Listed $279,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,589
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,107
  • Total Building Area: 2,745
  • Gross Building Area: 6,993
  • Building Area: 2,745
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,745
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000485
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Longmeadow School District
  • School Tax School District: LONGMEADOW SD
  • Census Tract: 813303

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0140 B:0039 L:0065
  • Block: 39
  • Lot: 65
  • Municipality: LONGMEADOW
  • Latitude: 42.0587
  • Longitude: -72.553

    Address

  • Full Address: 79 Cherry Ln
  • Address - House Number: 79
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C019
  • 4-Digit Zip Code: 1607
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,466,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 670,977
  • High Value: 795,071
  • Low Value: 546,883

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $709,200
  • Assessed Land Value: $223,300
  • Assessed Improvements Value: $485,900

    Sales

  • Current Sale Recording Date: Jun 28, 1999
  • 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 Longmeadow

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$257

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2821 ft²

Average Home Age

71.8 years

Currently For Sale

34 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30310484

Frequently Asked Questions

When was property at 79 Cherry Lane built and last sold?
The property at 79 Cherry Lane was built in 1977 and last sold on Jan 1, 1970 for $282,500.
How much is this home worth?
The estimated value of the home located at 79 Cherry Lane is $0.
What are some comparable homes to 79 Cherry Lane?
There are currently no comparable homes to 79 Cherry Lane.
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