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Franklin
15 Hemenway Rd
$180,000
● House - Off Market

15 Hemenway Rd

Leverett, MA 01054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,491 Ft²
$1,411
Est. Monthly

About This Property

Imagine life in an updated home set on a peaceful hillside location near North Leverett Village.  Three bedroom Cape-style home on a wooded site.  Much renovation work has been done here!  New kitchen cabinets, counters, flooring, two new full bathrooms, wiring & plumbing nearly complete.   Panels newer.  Heated and cooled with newer energy efficient heat-pumps.  Because of septic and reno work needed, cash, or rehab financing only.  Convenient to Amherst, Northampton, UMASS and I-91.
Unit Size
1,491 Ft²
Days on Market
-
Land Size
3.40 acres
Price per sqft
$133
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1930

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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 #73095668)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 30, 2023 In contract -
In contract
Oct 11, 2023 Price Decreased $199,000
↓ $76K (27.6%)
Price Decreased
Oct 11, 2023 Relisted $275,000
Relisted
Sep 21, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 148,121
  • Total Building Area: 1,656
  • Gross Building Area: 3,436
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 18
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leverett School District
  • Census Tract: 040600

Geography

  • Account Number: Jan 01, 1970
  • Parcel: LEVE M:0001 B:0000 L:0080
  • Lot: 80
  • Municipality: LEVERETT
  • Latitude: 42.5035
  • Longitude: -72.4952

    Address

  • Full Address: 15 Hemenway Rd
  • Address - House Number: 15
  • Address - Street Name: Hemenway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: H061
  • 4-Digit Zip Code: 9738
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,400

    Appraisal Valuation

  • Standard Deviation: 0.1125
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 88
  • Final Value: 178,316
  • High Value: 198,379
  • Low Value: 158,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $333,600
  • Assessed Land Value: $73,900
  • Assessed Improvements Value: $259,700

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 2403
  • Previous Sale Recording Date: Nov 14, 2019
  • Previous Sale Contract Date: Nov 08, 2019
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: O
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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2172 ft²

Average Home Age

99.4 years

Currently For Sale

156 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# 73095668

Frequently Asked Questions

When was property at 15 Hemenway Road built and last sold?
The property at 15 Hemenway Road was built in 1930 and last sold on Mar 16, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 15 Hemenway Road is $197,995.
What are some comparable homes to 15 Hemenway Road?
There are currently no comparable homes to 15 Hemenway Road.
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