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Franklin
159 Locks Pond Road
$225,000
● House - Off Market

159 Locks Pond Road

Shutesbury, MA 01072
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,613 Ft²
$386,970
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Wonderfully designed New England Saltbox with an open floor plan for kitchen/dining/living room area. Also the versatile plan features a first floor bedroom and bath, plus a study, and two bedrooms and bath are on the second floor. The country style screened-in porch overlooks the fenced backyard.  The home is equipped with Hughes Net Satellite for your internet connection.  Many updates including: New Hardie board siding, alarm system, appliances, beautifully crafted front door and much more. Quiet and set back from the road  abutting 30 acres of Conservation/Town managed land.  You are also close to Lake Wyola State Park, swimming and boating.  And if all this isn't enough,  it is a short walk to the Lake Wyola Conservation area and adjacent to snowmobile and conservation hiking trails. A perfect country setting!
Unit Size
1,613 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$143
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1986

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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 #71956084)

Price History

Date / Event Date Event Price
Dec 29, 2016 Sold
Premium
Sold
Feb 4, 2016 Listed by Jones Group REALTORS® $230,000
Listed by Jones Group REALTORS®
Dec 10, 2010 Sold
Premium
Sold
Jun 16, 2010 Listed by Jones Group REALTORS® $239,000
Listed by Jones Group REALTORS®
Jun 29, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 20
  • 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: 66,647
  • Total Building Area: 1,613
  • Gross Building Area: 2,884
  • Building Area: 1,613
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,613
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHUTESBURY
  • Land Acres: 0000001530
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Parcel: SHUT M:E B:0 L:8
  • Lot: 8
  • Municipality: SHUTESBURY
  • Latitude: 42.4888
  • Longitude: -72.4243

    Address

  • Full Address: 159 Locks Pond Rd
  • Address - House Number: 159
  • Address - Street Name: Locks Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shutesbury
  • Carrier Code: R015
  • 4-Digit Zip Code: 9776
  • Zip Code: 01072

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $544,700

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 379,257
  • High Value: 476,098
  • Low Value: 282,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $305,500
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $242,500

    Sales

  • Current Sale Recording Date: Dec 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14680
  • Previous Sale Recording Date: Dec 10, 2010
  • Previous Sale Amount: $222,220
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2176 ft²

Average Home Age

100.2 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: 4 months ago
Data Source: MLS PIN, MLS# 71956084

Frequently Asked Questions

When was property at 159 Locks Pond Road built and last sold?
The property at 159 Locks Pond Road was built in 1986 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 159 Locks Pond Road is $239,386.
What are some comparable homes to 159 Locks Pond Road?
There are currently no comparable homes to 159 Locks Pond Road.
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