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North Amherst 01002
115 Van Meter Drive
$350,000
● House - Off Market

115 Van Meter Drive

Amherst, MA 01002
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,009 Ft²
$694,379
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

This spacious Cape in a desirable neighborhood on a corner lot has many updates including new roof, Pella windows, doors, gutters, furnace and oil tank. There are views from the side yard. Handsome hardwood floors are throughout.  There are two bedrooms and full bath on the first level. The eat-in kitchen is light and bright and leads into a large fireplaced family room. Chimney  was redone in 2005.  Outside you will enjoy the patio and fenced-in backyard that has ample room for entertaining, pets and gardens. Conveniently located near public transportation and walking distance to UMass. This spacious home is already for the new buyers cosmetic upgrades since all the major replacements have been already done!!  Owners have relocated so a buyer can have a "Fast Move In" date!
Unit Size
2,009 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$189
Property Type
House
Property Taxes
$497
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: 5 months ago (MLSPIN #71773973)

Price History

Date / Event Date Event Price
Mar 27, 2015 Sold
Premium
Sold
Dec 3, 2014 Listed by Jones Group REALTORS® $379,900
Listed by Jones Group REALTORS®

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 17,150
  • Total Building Area: 2,009
  • Gross Building Area: 5,012
  • Building Area: 2,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,009
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000394
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820300

Geography

  • Account Number: 8B000005
  • District: 8
  • Parcel: AMHE M:0008B B:0000 L:0005
  • Lot: 5
  • Municipality: AMHERST
  • Latitude: 42.4031
  • Longitude: -72.5199

    Address

  • Full Address: 115 Van Meter Dr
  • Address - House Number: 115
  • Address - Street Name: Van Meter
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 1430
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $840,000

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 514,910
  • High Value: 617,877
  • Low Value: 411,943

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $453,800
  • Assessed Land Value: $149,100
  • Assessed Improvements Value: $304,700

    Sales

  • Current Sale Recording Date: Mar 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 4661
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 North Amherst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2679 ft²

Average Home Age

15.5 years

Currently For Sale

2 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: 5 months ago
Data Source: MLS PIN, MLS# 71773973

Frequently Asked Questions

When was property at 115 Van Meter Drive built and last sold?
The property at 115 Van Meter Drive was built in 1962 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 115 Van Meter Drive is $381,710.
What are some comparable homes to 115 Van Meter Drive?
There are currently no comparable homes to 115 Van Meter Drive.
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