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Amherst Center 01002
156 Columbia Drive
$264,610
● House - Off Market

156 Columbia Drive

Amherst, MA 01002
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,052 Ft²
$427,565
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Prove Us Wrong!  Likely the best value in Amherst.  Assessment $295,900 -  Asking price $269,900. Do some TLC and you will have some instant equity.  Great space for your family; over 2,000 sq.ft. Hardwood floors throughout most of this home.  Some  projects adding to its benefits, a 30-year new roof in 2010.  Installation of Solar panels in 2014 which are owned by the seller have seriously reduced the electrical cost of this home. It's a neighborhood where people walk their dogs, and children ride their bikes.  You can easily walk to the bus stop, and it's only minutes to the malls, Amherst center, and all the area colleges. Hesitate and you may lose. You may offer more,  but not less.  Priced at $269,900
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$132
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1973

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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 #72253064)

Price History

Date / Event Date Event Price
Oct 6, 2020 Sold
Premium
Sold
Jan 10, 2020 Sold
Premium
Sold
Dec 18, 2017 Sold
Premium
Sold
Nov 8, 2017 Listed by Jones Group REALTORS® $269,900
Listed by Jones Group REALTORS®

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 24,402
  • Total Building Area: 2,276
  • Gross Building Area: 4,216
  • Building Area: 2,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUNTER S HILL
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 10626
  • District: 8
  • Parcel: AMHE M:0016D B:0000 L:0219
  • Lot: 219
  • Municipality: AMHERST
  • Latitude: 42.3538
  • Longitude: -72.5303

    Address

  • Full Address: 156 Columbia Dr
  • Address - House Number: 156
  • Address - Street Name: Columbia
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Amherst
  • Carrier Code: C006
  • 4-Digit Zip Code: 3127
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $929,800

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 597,500
  • High Value: 716,982
  • Low Value: 478,018

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,300
  • Assessed Land Value: $177,200
  • Assessed Improvements Value: $325,100

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20649
  • Previous Sale Recording Date: Jan 10, 2020
  • Previous Sale Contract Date: Jan 07, 2020
  • Previous Sale Amount: $420,000
  • 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 Amherst Center

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$322

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1846 ft²

Average Home Age

77.8 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# 72253064

Frequently Asked Questions

When was property at 156 Columbia Drive built and last sold?
The property at 156 Columbia Drive was built in 1973 and last sold on Oct 6, 2020 for $422,000.
How much is this home worth?
The estimated value of the home located at 156 Columbia Drive is $272,599.
What are some comparable homes to 156 Columbia Drive?
There are currently no comparable homes to 156 Columbia Drive.
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