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Greenfield Town 01301
116 Verde Drive, Lot 22
$80,000
● Land - Off Market

116 Verde Drive, Lot 22

Greenfield, MA 01301
bedrooms
Studio
bathrooms
0 Bath
$128,436
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

The area's newest sub division offers the opportunity to build the home and life of your dreams! All underground services, located in North Greenfield, easy access to all highways. Bring your own contractor and designer. Or work with the owner/developer to find just the right fit for you. Private road in the process of becoming town approved and publicly maintained street.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2017

Payment Calculator

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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: 6 months ago (MLSPIN #72129546)

Price History

Date / Event Date Event Price
Jun 5, 2017 Sold
Premium
Sold
Mar 10, 2017 Listed by Cohn & Company $80,000
Listed by Cohn & Company

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,381
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 1,381
  • Gross Building Area: 3,631
  • Building Area: 1,381
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,381
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Greenfield School District
  • Census Tract: 041000

Zoning

  • Zoning: RC

Geography

  • Parcel: GREE M:0R17 B:0030 L:0
  • Block: 30
  • Municipality: GREENFIELD
  • Latitude: 42.6383
  • Longitude: -72.5939

    Address

  • Full Address: 116 Verde Dr
  • Address - House Number: 116
  • Address - Street Name: Verde
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Greenfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 9805
  • Zip Code: 01301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $754,200

    Appraisal Valuation

  • Standard Deviation: 0.2698
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 432,162
  • High Value: 548,769
  • Low Value: 315,555

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,800
  • Assessed Land Value: $90,400
  • Assessed Improvements Value: $293,400

    Sales

  • Current Sale Recording Date: Jun 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5616
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 Greenfield Town

Stats & Trends

Median Asking:

$347,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1699 ft²

Average Home Age

86.4 years

Currently For Sale

37 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: 6 months ago
Data Source: MLS PIN, MLS# 72129546

Frequently Asked Questions

When was property at 116 Verde Drive built and last sold?
The property at 116 Verde Drive was built in 2017 and last sold on Jan 1, 1970 for $80,000.
How much is this home worth?
The estimated value of the home located at 116 Verde Drive is $80,800.
What are some comparable homes to 116 Verde Drive?
There are currently no comparable homes to 116 Verde Drive.
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