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Springfield 01118 Sixteen Acres
79 Lynebrook Road
$324,900
● House - Off Market

79 Lynebrook Road

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,083 Ft²
$339,477
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

LOCATION!! LOCATION!! This is a gem of a ranch, truly picture perfect and nestled in one of Springfield's sought after areas and within walking distance to Veteran's Golf Course. The moment you enter this well maintained, move in ready, 3 bedroom 2 bath ranch, it won't take long to be delighted with its open floor plan, hardwood floors, stone fireplace, granite kitchen, adorable 3 season porch overlooking decking w/ pergola and private backyard w/ stone walls and nice sized shed, fabulous finished basement w/ full bath, steel beam construction and great curb appeal...A PLEASURE TO SHOW!!..Don't miss out. OPEN HOUSE  12 to 2  SUNDAY 12/04/22
Unit Size
1,083 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$300
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1958

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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 #73059171)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
Jan 10, 2023 In contract -
In contract
Nov 17, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $324,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • 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: 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,552
  • Total Building Area: 1,083
  • Gross Building Area: 1,083
  • Building Area: 1,083
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,083
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000265
  • 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: 801605

Zoning

  • Zoning: R6

Geography

  • Account Number: 80450094
  • Parcel: SPRI S:08045 P:0094
  • Municipality: SPRINGFIELD
  • Latitude: 42.0993
  • Longitude: -72.506

    Address

  • Full Address: 79 Lynebrook Rd
  • Address - House Number: 79
  • Address - Street Name: Lynebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 1923
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 303,042
  • High Value: 362,276
  • Low Value: 243,808

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,700
  • Assessed Land Value: $57,900
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 7011
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

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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 months ago
Data Source: MLS PIN, MLS# 73059171

Frequently Asked Questions

When was property at 79 Lynebrook Road built and last sold?
The property at 79 Lynebrook Road was built in 1958 and last sold on Feb 13, 2023 for $324,900.
How much is this home worth?
The estimated value of the home located at 79 Lynebrook Road is $328,112.
What are some comparable homes to 79 Lynebrook Road?
There are currently no comparable homes to 79 Lynebrook Road.
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