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Petersham 01366
16 West St
$323,000
● House - Off Market

16 West St

Petersham, MA 01366
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,305 Ft²
$298,245
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This is an amazing compound that has been in one family for over 100 years, right in the center of Petersham.  The house is all one level with additions, newer roof structure, siding, newer heating system. Foundation varies with age of the addition. There is a massive 3 bay garage with walk up storage , a machine shop building  and an office/playroom building . New owners will likely be looking to make changes and upgrades, but property is comfortably occupied. Seller will install new 4 bedroom septic with acceptable offer. Status of heating systems in garage, machine shop and office/playroom unknown. Showings will begin by appointment this Saturday, 5/15 at 9:00 for pre qualified buyers.
Unit Size
3,305 Ft²
Days on Market
-
Land Size
2.40 acres
Price per sqft
$80
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1780

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72831508)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Berube Real Estate $265,000
Listed by Berube Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1780
  • Effective Year Built: 1780
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 3,305
  • Gross Building Area: 7,512
  • Building Area: 3,305
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 3,305
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: PETERSHAM SD
  • Census Tract: 704202

Geography

  • Parcel: PETE M:201 B:105 L:0
  • Block: 105
  • Municipality: PETERSHAM
  • Latitude: 42.4892
  • Longitude: -72.1907

    Address

  • Full Address: 16 West St
  • Address - House Number: 16
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Petersham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9600
  • Zip Code: 01366

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,600

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 437,158
  • High Value: 512,217
  • Low Value: 362,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,000
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $337,000

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 144884
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 Petersham

Stats & Trends

Median Asking:

$634,950

Sale Price/ft²

$290

Below Asking

0.02%

Average Days on Market

73

Average Home Size

3252 ft²

Average Home Age

197 years

Currently For Sale

4 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: 5 years ago
Data Source: MLS PIN, MLS# 72831508

Frequently Asked Questions

When was property at 16 West Street built and last sold?
The property at 16 West Street was built in 1780 and last sold on Oct 8, 2021 for $323,000.
How much is this home worth?
The estimated value of the home located at 16 West Street is $0.
What are some comparable homes to 16 West Street?
There are currently no comparable homes to 16 West Street.
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