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Springfield 01109 Sixteen Acres
87 Lakevilla Ave
Photo of 87 Lakevilla Ave
Sold on Sep 11, 2026

39

Map

Photo of 87 Lakevilla Ave
Photo of 87 Lakevilla Ave
$312,000
● House - Off Market

87 Lakevilla Ave

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,265 Ft²
$1,754
Est. Monthly

About This Property

Welcome home to this charming Colonial tucked away near the end of a quiet dead-end street. The inviting entryway leads to a first-floor bedroom, a spacious living room with a fireplace and hardwood flooring, and an open-concept kitchen featuring a breakfast bar with access to the deck overlooking the fenced backyard. Perfect for entertaining!!  Convenient first-floor laundry adds to the home's functionality. Upstairs offers two additional bedrooms with hardwood flooring and a full bath. Complete with a one-car garage, this home offers both comfort and convenience. APO: Hot water tank and oil tank replaced in 2021. Schedule your private showing today, or stop by the Open House on Sunday, 7/12, from 2:00 PM to 3:30 PM!
Unit Size
1,265 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$225
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (MLSPIN #73545724)

Price History

Date / Event Date Event Price
Sep 11, 2026 Sold
Premium
Sold
Jul 21, 2026 In contract -
In contract
Jul 9, 2026 Listed by Executive Real Estate, Inc. $284,999
Listed by Executive Real Estate, Inc.
Oct 18, 2021 Sold
Premium
Sold
Aug 1, 2021 Listed by Executive Real Estate, Inc. $229,900
Listed by Executive Real Estate, Inc.
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • 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: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,265
  • Gross Building Area: 1,265
  • Building Area: 1,265
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,265
  • Heating Fuel Type: 6

    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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 74600030
  • Parcel: SPRI S:07460 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.1119
  • Longitude: -72.5312

    Address

  • Full Address: 87 Lakevilla Ave
  • Address - House Number: 87
  • Address - Street Name: Lakevilla
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1405
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,500

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 239,863
  • High Value: 260,724
  • Low Value: 219,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,200
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $198,800

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73720
  • Previous Sale Recording Date: Aug 18, 2020
  • Previous Sale Contract Date: Aug 17, 2020
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: O
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:

$319,950

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1322 ft²

Average Home Age

57.2 years

Currently For Sale

26 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: 2 months ago
Data Source: MLS PIN, MLS# 73545724

Frequently Asked Questions

When was property at 87 Lakevilla Avenue built and last sold?
The property at 87 Lakevilla Avenue was built in 1929 and last sold on Oct 15, 2021 for $223,000.
How much is this home worth?
The estimated value of the home located at 87 Lakevilla Avenue is $284,654.
What are some comparable homes to 87 Lakevilla Avenue?
There are currently no comparable homes to 87 Lakevilla Avenue.
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