Overview Property Details Payment Calculator Walkability

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43-45 Lancashire Rd, Springfield MA 01104

$280,000

Estimated $678.10/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $140,000

Total Rent: 21060/year

Estimated CAP Rate: 6.56%

4 Bedrooms

2 Full Baths

1,518 SqFt

Total Parking: 4

7,701 SqFt

INVESTORS TAKE NOTE...Excellent investment opportunity. Ranch style duplex with updated roof and windows ( replaced approximately 6 years ago). The paint has been updated throughout. Each unit has hardwood floors in the living room and bedrooms. The basement has washer/drye...

This home has been viewed 74 times

Last Checked: June 29th, 2024 at 4:19am (Source: MLS PIN #73173812)

Gross Income: $21,060

Gross Expenses: $2,689

Net Income Calc: $18,371

CAP Rate: 6.56%

Annual Expenses for 43-45 Lancashire Rd, Springfield MA 01104

Total Gross Expenses (Calculated)$2,689/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,689

Annual Income & Unit Breakdown for 43-45 Lancashire Rd, Springfield MA 01104

Total Gross Income (Calculated)$21,060

Unit 1

Rental Income$575

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water

Unit 2

Rental Income$1,180

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water

General Information for 43-45 Lancashire Rd, Springfield MA 01104

Listing ID73173812

Property TypeMulti Family / 2 Family

Price$280,000 ($184.45/SqFt)

Style2 Family - 2 Units Side By Side

CitySpringfield

CountyHampden

MLS AreaLiberty Heights

Neighborhood(s)

Approximate Living Area Total1,518 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking4

Garage Parking

Year Built1971

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesWooded

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 43-45 Lancashire Rd, Springfield MA 01104

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$21,060

Total Net Income By Broker$21,060

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 43-45 Lancashire Rd, Springfield MA 01104

Real Estate Taxes$2,689

Tax Year2022

Assessed Value$142,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,060

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,060

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.56%

Location Information for 43-45 Lancashire Rd, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaLiberty Heights

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, University

Contact Information for 43-45 Lancashire Rd, Springfield MA 01104

Agent

Name: Christopher Perkins

MLS ID: CN239031

Office ID: AN1149

National Association ID: 452513058

Address: 46 Kenwood Street

City: Westfield

State: MA

Zip: 01085

Office

Name: RE/MAX Compass

MLS Office ID: AN1149

Phone: 413-568-0040

Payment Calculator

$1,949.35 per month

30 Years Fixed, 6.75% Interest

Property Taxes $224.08

Principal & Interest $1,725.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Compass

Christopher Perkins

Agent Phone

Office Phone

(413) 568-0040

Text Agent Call Agent Call Office

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EXIT