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Franklin
103 Old Mountain Rd
$140,000
● House - Off Market

103 Old Mountain Rd

Leverett, MA 01054
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,692 Ft²
$194,159
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Investors and Contractors take notice. This little gem used to shine bright at the end of a quiet dead end street and is ready for rehab. Title V is done with a conditional pass needing just the replacement of the septic tank. Just 6 miles to Amherst & UMass. Don't miss this great opportunity for a wonderful family home or investment. Make your showing appointment today! All offers to be submitted by 5pm on Monday Feb. 18th.
Unit Size
1,692 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$77
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1978

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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 #72452258)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Feb 11, 2019 Listed by Coldwell Banker Upton-Massamont REALTORS® $129,800
Listed by Coldwell Banker Upton-Massamont REALTORS®
Feb 1, 2019 Sold
Premium
Sold
Oct 30, 2018 Listed by Coldwell Banker Upton-Massamont REALTORS® $165,900
Listed by Coldwell Banker Upton-Massamont REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 73,939
  • Total Building Area: 1,692
  • Gross Building Area: 3,138
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001697
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leverett School District
  • Census Tract: 040600

Geography

  • Account Number: Jan 01, 1970
  • Parcel: LEVE M:0008 B:0000 L:0082
  • Lot: 82
  • Municipality: LEVERETT
  • Latitude: 42.4479
  • Longitude: -72.4716

    Address

  • Full Address: 103 Old Mountain Rd
  • Address - House Number: 103
  • Address - Street Name: Old Mountain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: H061
  • 4-Digit Zip Code: 9704
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $539,400

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 379,549
  • High Value: 435,050
  • Low Value: 324,047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $343,100
  • Assessed Land Value: $76,300
  • Assessed Improvements Value: $266,800

    Sales

  • Current Sale Contract Date: Mar 20, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2853
  • Previous Sale Recording Date: Feb 01, 2019
  • Previous Sale Contract Date: Jan 28, 2019
  • Previous Sale Amount: $46,935
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2166 ft²

Average Home Age

99.7 years

Currently For Sale

143 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: 4 months ago
Data Source: MLS PIN, MLS# 72452258

Frequently Asked Questions

When was property at 103 Old Mountain Road built and last sold?
The property at 103 Old Mountain Road was built in 1978 and last sold on Mar 20, 2019 for $140,000.
How much is this home worth?
The estimated value of the home located at 103 Old Mountain Road is $139,288.
What are some comparable homes to 103 Old Mountain Road?
There are currently no comparable homes to 103 Old Mountain Road.
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