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Hampden
109 Summer
$123,375
● House - Off Market

109 Summer

Southwick, MA 01077
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,047 Ft²
$233,450
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

5 minute walk to the lake and boat launch from this 1047 sq ft ranch style home with huge finished walk out basement with small kitchenette, huge family room and huge additional bedroom. This home offers a new roof, newer furnace and updated electrical yet needs cosmetic in a big way!! Someone with a true eye could turn this home in to a gem. Assessed at 157,900. Can't afford to do the work???  Get a 203k loan and let the bank front the expenses. This is a home run!!
Unit Size
1,047 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #71540832)

Price History

Date / Event Date Event Price
Sep 26, 2013 Sold
Premium
Sold
Jun 12, 2013 Listed by Keller Williams Realty $119,900
Listed by Keller Williams Realty
Nov 21, 1990 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 14,375
  • Total Building Area: 1,079
  • Gross Building Area: 2,153
  • Building Area: 1,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,079
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southwick-Tolland-Granville Regional School District
  • School Tax School District: SWCK-TLND-GRNVL
  • Census Tract: 813101

Geography

  • District: 279
  • Parcel: SWIC M:099 B:000 L:082
  • Lot: 82
  • Municipality: SOUTHWICK
  • Latitude: 42.0467
  • Longitude: -72.7574

    Address

  • Full Address: 109 Summer Dr
  • Address - House Number: 109
  • Address - Street Name: Summer
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southwick
  • Carrier Code: R002
  • 4-Digit Zip Code: 9688
  • Zip Code: 01077

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $392,000

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 287,169
  • High Value: 349,511
  • Low Value: 224,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $253,400
  • Assessed Land Value: $56,100
  • Assessed Improvements Value: $197,300

    Sales

  • Current Sale Recording Date: Sep 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Nov 21, 1990
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2141 ft²

Average Home Age

78.2 years

Currently For Sale

830 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# 71540832

Frequently Asked Questions

When was property at 109 Summer Drive built and last sold?
The property at 109 Summer Drive was built in 1940 and last sold on Jan 1, 1970 for $123,735.
How much is this home worth?
The estimated value of the home located at 109 Summer Drive is $128,126.
What are some comparable homes to 109 Summer Drive?
There are currently no comparable homes to 109 Summer Drive.
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