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Hampshire
16 Lake Drive
$355,000
● House - Off Market

16 Lake Drive

Goshen, MA 01096
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$365,612
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Recently renovated  1,100 square foot cottage. New roof, sprinkler system, kitchen with new appliances. Title V has been done. Raised high above the road with great water views from the beautiful deck. Two new mini splits to handle any kind of weather. This home is not on the water but is right across the street to the beach access and boat ramp access. This home has it's own well with a brand new pump. The Hammond Pond association which this cottage is part of includes a community house and a chip and putt golf course, beach rights and boat ramp access.. Recent indoor and outdoor paint and staining, updated electrical, lawn irrigation, back wall retention and stairs plus lots of perennials! A must see.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$343
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1955

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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 #73116194)

Price History

Date / Event Date Event Price
Jun 22, 2023 Sold
Premium
Sold
Jun 4, 2023 In contract -
In contract
May 25, 2023 Listed by Coldwell Banker Community REALTORS® $365,000
Listed by Coldwell Banker Community REALTORS®
Oct 1, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Coldwell Banker Community REALTORS® $129,900
Listed by Coldwell Banker Community REALTORS®

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 52,708
  • Total Building Area: 760
  • Gross Building Area: 1,064
  • Building Area: 760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 7
  • Heated Square Feet: 760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chesterfield-Goshen School District
  • Census Tract: 822607

Zoning

  • Zoning: RA

Geography

  • Account Number: 819
  • District: 108
  • Parcel: GOSH M:010A P:710
  • Municipality: GOSHEN
  • Latitude: 42.4137
  • Longitude: -72.8024

    Address

  • Full Address: 16 Lake Dr
  • Address - House Number: 16
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Williamsburg
  • Zip Code: 01096

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $258,100

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 279,714
  • High Value: 334,858
  • Low Value: 224,571

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $175,100
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $104,900

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9081
  • Previous Sale Recording Date: Oct 01, 2018
  • Previous Sale Amount: $123,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$459,950

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73116194

Frequently Asked Questions

When was property at 16 Lake Drive built and last sold?
The property at 16 Lake Drive was built in 1955 and last sold on Jun 15, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 16 Lake Drive is $359,747.
What are some comparable homes to 16 Lake Drive?
There are currently no comparable homes to 16 Lake Drive.
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