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Athol 01331
1031 Silver Lake St
$335,000
● House - Off Market

1031 Silver Lake St

Athol, MA 01331
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,218 Ft²
$1,933
Est. Monthly

About This Property

Extensively Renovated in Recent Years, this Home Boasts an Open Concept First Floor Perfect for Entertaining. The Eat-in Kitchen Features Stainless Steel Appliances and Laminate Flooring and is Open to the Sunny Living Room which has Hardwood Flooring, A New Pellet Stove and Glass Doors Leading to the Large Back Deck.  Enjoy Home Office Space Right off the Living Room with a Bright Wall of Windows Overlooking The Front Yard. Also on the First Floor is the Main Bedroom, a 3/4 Bath and Laundry Hook-ups.  The Second Floor has Two Bedrooms and a Full Bath.  If  You Need More Space, there is a Bonus Room in the Basement.......  Private Back Yard and also close to Tully Lake Recreation area, Silver Lake, Schools, Hospital, Shopping, and Highway Access.
Unit Size
1,218 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$287
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1962

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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 #73168958)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold
Premium
Sold
Feb 16, 2024 In contract -
In contract
Feb 9, 2024 Price Decreased $349,900
↓ $5K (1.4%)
Price Decreased
Oct 31, 2023 Price Increased $354,900
↑ $5K (1.4%)
Price Increased
Oct 11, 2023 Listed by Four Columns Realty, LLC $349,900
Listed by Four Columns Realty, LLC
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 31,400
  • Total Building Area: 1,379
  • Gross Building Area: 2,854
  • Building Area: 1,379
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,379
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000721
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Athol-Royalston School District
  • School Tax School District: ATHOL-ROYALSTN
  • Census Tract: 703200

Geography

  • Account Number: 737
  • Parcel: ATHO M:00011 B:00117 L:00000
  • Block: 117
  • Municipality: ATHOL
  • Latitude: 42.6111
  • Longitude: -72.2243

    Address

  • Full Address: 1031 Silver Lake St
  • Address - House Number: 1031
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: St
  • State: MA
  • City Name: Athol
  • Carrier Code: R002
  • 4-Digit Zip Code: 9665
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $317,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 93
  • Final Value: 361,189
  • High Value: 392,239
  • Low Value: 330,138

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $247,700
  • Assessed Land Value: $52,700
  • Assessed Improvements Value: $195,000

    Sales

  • Current Sale Recording Date: Feb 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13359
  • Previous Sale Recording Date: Jan 31, 2017
  • Previous Sale Amount: $375,000
  • 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 Athol

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1758 ft²

Average Home Age

87.7 years

Currently For Sale

28 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# 73168958

Frequently Asked Questions

When was property at 1031 Silver Lake Street built and last sold?
The property at 1031 Silver Lake Street was built in 1962 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 1031 Silver Lake Street is $351,033.
What are some comparable homes to 1031 Silver Lake Street?
There are currently no comparable homes to 1031 Silver Lake Street.
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