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Hampden
16 Pine St
$243,000
● House - Off Market

16 Pine St

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,181 Ft²
$265,116
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

BACK ON MARKET!! buyer got cold feet!! schedule your showing now.Charming and updated, this 3 bedroom, 1.5 bath home has a lot to offer. From the brand new single car garage and freshly paved driveway, to the newly replaced central air unit and enclosed front porch with new windows, this home covers all the bases. 3 bedrooms, all upstairs, are accompanied by a convenient half bath. First floor is reserved for the living area, formal dining room and features the full bath. The eat-in kitchen was recently given a facelift with freshly painted cabinets and walls, and updated stainless steel appliances. This home is also zoned Business A so the possibilities are endless here. Very conveniently located within walking distance to downtown restaurants, churches and entertainment areas.
Unit Size
1,181 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$212
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1917

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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 #73033131)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Premium
Sold
Oct 21, 2022 In contract -
In contract
Oct 14, 2022 Relisted $249,900
Relisted
Oct 8, 2022 In contract -
In contract
Sep 7, 2022 Listed by Park Square Realty $249,900
Listed by Park Square Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 5,000
  • Total Building Area: 1,181
  • Gross Building Area: 2,377
  • Building Area: 1,181
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,181
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEORGE W ELY
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810404

Zoning

  • Zoning: BUS A

Geography

  • Account Number: 6525
  • District: 161
  • Parcel: LUDL M:15D B:11400 P:237
  • Block: 11400
  • Municipality: LUDLOW
  • Latitude: 42.1618
  • Longitude: -72.4693

    Address

  • Full Address: 16 Pine St
  • Address - House Number: 16
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C004
  • 4-Digit Zip Code: 2916
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,300

    Appraisal Valuation

  • Standard Deviation: 0.2754
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 263,376
  • High Value: 336,161
  • Low Value: 190,591

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $269,400
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $198,900

    Sales

  • Current Sale Contract Date: Dec 07, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71522
  • Previous Sale Recording Date: Dec 24, 2020
  • Previous Sale Contract Date: Dec 16, 2020
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2154 ft²

Average Home Age

78.6 years

Currently For Sale

809 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# 73033131

Frequently Asked Questions

When was property at 16 Pine Street built and last sold?
The property at 16 Pine Street was built in 1917 and last sold on Dec 7, 2022 for $243,000.
How much is this home worth?
The estimated value of the home located at 16 Pine Street is $251,909.
What are some comparable homes to 16 Pine Street?
There are currently no comparable homes to 16 Pine Street.
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