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Berkshire 01247
115 Monroe Road
$255,000
● House - Off Market

115 Monroe Road

Florida, MA 01343
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,256 Ft²
$270,303
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Charming 2005 Cape Cod home on 2.01 acres of privacy. Gleaming oak floors throughout the 1st level which consists of an open living room, dining room and kitchen with cedar vaulted ceilings, primary bedroom and full bath. The open stairway flows to the oversized loft, 2nd bedroom and 1/2 bath. Relax on the rear deck which overlooks a well-manicured backyard and watch the wildlife come to visit. Newer on demand hot water, FHA heat and central vac, make this a move-in and unwind kind of home. Own a piece of the Berkshires and enjoy the comradery that Florida Mtn. offers with its snow-mobile clubs, cross-country skiing and ATVing. The source of all representations are from the seller or a public source; Broker has not verified same. It is recommended that the Buyer independently verify all information.
Unit Size
1,256 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$199
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
2005

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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 #72907780)

Price History

Date / Event Date Event Price
Jan 26, 2022 Sold
Premium
Sold
Nov 22, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by Berkshire Reciprocal $249,900
Listed by Berkshire Reciprocal

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 1,256
  • Gross Building Area: 2,688
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Adams School District in Florida (9-12)
  • School Tax School District: FLORIDA SD
  • Census Tract: 931300

Geography

  • Parcel: FLOR M:0016 L:0019
  • Lot: 19
  • Municipality: FLORIDA
  • Latitude: 42.6885
  • Longitude: -72.9955

    Address

  • Full Address: 115 Monroe Rd
  • Address - House Number: 115
  • Address - Street Name: Monroe
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Drury
  • Carrier Code: R002
  • 4-Digit Zip Code: 9628
  • Zip Code: 01343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $216,500

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 243,351
  • High Value: 270,574
  • Low Value: 216,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,900
  • Assessed Land Value: $26,100
  • Assessed Improvements Value: $229,800

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7935
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 Berkshire

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$205

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2810 ft²

Average Home Age

95.6 years

Currently For Sale

98 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# 72907780

Frequently Asked Questions

When was property at 115 Monroe Road built and last sold?
The property at 115 Monroe Road was built in 2005 and last sold on Nov 22, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 115 Monroe Road is $259,579.
What are some comparable homes to 115 Monroe Road?
There are currently no comparable homes to 115 Monroe Road.
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