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Amherst Center 01002
148 Red Gate Lane
Photo of 148 Red Gate Lane
Sold on Mar 27, 2008

1

Map

$376,775
● House - Off Market

148 Red Gate Lane

Amherst, MA 01002
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,714 Ft²
$712,989
RealtyHop Estimate
85.67%
Since Apr 1, 2008
National-US
Primary Model

About This Property

Lovely in-town home in immaculate condition. Located within walking distance of cinema, restaurants, shops and schools, and UMass. Bright and charming, it offers gleaming wood floors throughout, fresh paint, new appliances and renovated bath. New landscaping with lovely perennial beds, flowering bushes, rock wall and path. Spacious living room w/fireplace. Formal dining room. Lots of built-ins and storage.  Walk-in cedar closet. Large basement w/workshop cabinetry and storage closets.
Unit Size
1,714 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$224
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1960

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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 #70697977)

Price History

Date / Event Date Event Price
Mar 27, 2008 Sold
Premium
Sold
Jan 15, 2008 Listed $384,000
Listed
Apr 7, 2006 Sold
Premium
Sold
May 18, 2005 Listed $359,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 21,390
  • Total Building Area: 1,714
  • Gross Building Area: 3,962
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000491
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820500

Geography

  • Account Number: 11B000093
  • District: 8
  • Parcel: AMHE M:0011B B:0000 L:0093
  • Lot: 93
  • Municipality: AMHERST
  • Latitude: 42.3874
  • Longitude: -72.5084

    Address

  • Full Address: 148 Red Gate Ln
  • Address - House Number: 148
  • Address - Street Name: Red Gate
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Amherst
  • Carrier Code: C005
  • 4-Digit Zip Code: 1845
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $823,300

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 509,680
  • High Value: 611,601
  • Low Value: 407,759

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,800
  • Assessed Land Value: $194,500
  • Assessed Improvements Value: $250,300

    Sales

  • Current Sale Recording Date: Mar 27, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00006158
  • Previous Sale Recording Date: Apr 07, 2006
  • Previous Sale Amount: $347,000
  • 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 Amherst Center

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$321

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1944 ft²

Average Home Age

82.6 years

Currently For Sale

22 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70697977

Frequently Asked Questions

When was property at 148 Red Gate Lane built and last sold?
The property at 148 Red Gate Lane was built in 1960 and last sold on Jan 1, 1970 for $376,775.
How much is this home worth?
The estimated value of the home located at 148 Red Gate Lane is $386,459.
What are some comparable homes to 148 Red Gate Lane?
There are currently no comparable homes to 148 Red Gate Lane.
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