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West Springfield Town 01089
82 Laurence Dr
$305,000
● House - Off Market

82 Laurence Dr

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,916 Ft²
$319,127
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Fabulous location! Lovely light-filled 3 bed, 1.5 bath and 1 car garage home with hardwood floors. Home backs up to a small vegetable farm. Come and enjoy the peace and tranquility of the private backyard and deck. Beautiful mature gardens and trees! This well-maintained home is located on a cul-de-sac in a quiet established neighborhood. Newer Anderson windows, efficient Lochinvar boiler system, refurbished deck, new walk-in shower and slider door. Bring your decorating ideas to make this home shine. Close to schools, parks, golf, shopping, dining and all the amenities of West Springfield. You will just love this location! Come see it quick before it's gone!
Unit Size
1,916 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$167
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1965

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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 #73113615)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Jun 3, 2023 In contract -
In contract
May 23, 2023 In contract -
In contract
May 18, 2023 Listed by Sears Real Estate, Inc. $320,000
Listed by Sears Real Estate, Inc.
Sep 3, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,350
  • Total Building Area: 1,339
  • Gross Building Area: 2,919
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Springfield School District
  • School Tax School District: W SPRINGFLD SD
  • Census Tract: 812404

Geography

  • Account Number: 350-12250-85-001
  • District: 325
  • Parcel: WSPR M:00350 B:12250 L:00085
  • Block: 12250
  • Lot: 85
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1175
  • Longitude: -72.6404

    Address

  • Full Address: 82 Laurence Dr
  • Address - House Number: 82
  • Address - Street Name: Laurence
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 1739
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $424,300

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 331,770
  • High Value: 391,471
  • Low Value: 272,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $286,500
  • Assessed Land Value: $126,100
  • Assessed Improvements Value: $160,400

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32691
  • Previous Sale Recording Date: Sep 03, 1991
  • Previous Sale Amount: $132,500
  • Previous 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 West Springfield Town

Stats & Trends

Median Asking:

$362,475

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1966 ft²

Average Home Age

74.5 years

Currently For Sale

37 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73113615

Frequently Asked Questions

When was property at 82 Laurence Drive built and last sold?
The property at 82 Laurence Drive was built in 1965 and last sold on Jul 17, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 82 Laurence Drive is $328,640.
What are some comparable homes to 82 Laurence Drive?
There are currently no comparable homes to 82 Laurence Drive.
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