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Franklin
15 Old Northfield Rd
$285,000
● House - Off Market

15 Old Northfield Rd

Montague, MA 01351
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,948 Ft²
$460,212
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Enjoy the view of sunset over the Berkshires or take an evening stroll to Montague Book Mill cafes and restaurants and Montague Center.  Eat in the large bright kitchen, the dining room, or while relaxing on the deck.  Relax near the cozy new pellet stove in the living room, or retreat to the private family room.  Awaken refreshed in the spacious Master Suite that features a spa bathroom with double vanity, tiled shower stall and jetted tub, walk in closet, hardwood floors and direct access to deck.  Three additional bedroom for space to grow or generous single level living.  Basement level family room could easily become separate space for visitors, in-laws.  Generous garage and separate workshop space.  Wildlife conservation area across the street and nearby Sawmill River offer recreational opportunities.
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$154
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1990

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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 #72280647)

Price History

Date / Event Date Event Price
Apr 30, 2018 Sold
Premium
Sold
Feb 12, 2018 Listed by Coldwell Banker Upton-Massamont REALTORS® $299,900
Listed by Coldwell Banker Upton-Massamont REALTORS®
Sep 15, 2014 Sold
Premium
Sold
Jun 2, 2014 Listed by Coldwell Banker Upton-Massamont REALTORS® $269,900
Listed by Coldwell Banker Upton-Massamont REALTORS®
Apr 29, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 1,948
  • Gross Building Area: 4,290
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District
  • Census Tract: 040702

Zoning

  • Zoning: RS

Geography

  • Parcel: MONT M:0039 B:0000 L:83
  • Lot: 83
  • Municipality: MONTAGUE
  • Latitude: 42.5508
  • Longitude: -72.5311

    Address

  • Full Address: 15 Old Northfield Rd
  • Address - House Number: 15
  • Address - Street Name: Old Northfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Montague
  • Carrier Code: R011
  • 4-Digit Zip Code: 9548
  • Zip Code: 01351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $532,300

    Appraisal Valuation

  • Standard Deviation: 0.2513
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 407,669
  • High Value: 510,139
  • Low Value: 305,199

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,100
  • Assessed Land Value: $62,900
  • Assessed Improvements Value: $277,200

    Sales

  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4035
  • Previous Sale Recording Date: Sep 15, 2014
  • Previous Sale Amount: $260,000
  • 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

60

Average Home Size

2181 ft²

Average Home Age

95.2 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72280647

Frequently Asked Questions

When was property at 15 Old Northfield Road built and last sold?
The property at 15 Old Northfield Road was built in 1990 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 15 Old Northfield Road is $306,976.
What are some comparable homes to 15 Old Northfield Road?
There are currently no comparable homes to 15 Old Northfield Road.
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