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Franklin 01364
162 Athol Road
$70,000
● House - Off Market

162 Athol Road

Orange, MA 01364
bedrooms
1 Bed
bathrooms
1 Bath
square feet
181 Ft²
$109,922
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Investment opportunity to own approximately 32 acres of land in desirable North Orange! Value is in the land, cash offers only as property will not qualify for most loan types including conventional. There are two lots being sold together, one with approximately 20 acres which is located at 162 Athol Road. The second lot is located directly across the street and contains approximately 12 acres of forested land. Both parcels are subject to deed restrictions limiting the amount of subdivision. Existing structure is a barn which has been used as a seasonal camp.
Unit Size
181 Ft²
Days on Market
-
Land Size
20.00 acres
Price per sqft
$414
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1890

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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 #72530373)

Price History

Date / Event Date Event Price
Sep 13, 2019 Sold
Premium
Sold
Jul 8, 2019 Listed by HOMETOWN REALTORS® $75,000
Listed by HOMETOWN REALTORS®

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 432
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 784,080
  • Total Building Area: 600
  • Gross Building Area: 2,592
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000018000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040502

Zoning

  • Zoning: D

Geography

  • Account Number: 462
  • Parcel: ORAN M:0219 B:0000 L:00015
  • Lot: 15
  • Municipality: ORANGE
  • Latitude: 42.6335
  • Longitude: -72.2587

    Address

  • Full Address: 162 Athol Rd
  • Address - House Number: 162
  • Address - Street Name: Athol
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Orange
  • Carrier Code: R002
  • 4-Digit Zip Code: 9632
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 194,918
  • High Value: 223,350
  • Low Value: 166,485

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $194,200
  • Assessed Land Value: $60,300
  • Assessed Improvements Value: $133,900

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9497
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

59

Average Home Size

2189 ft²

Average Home Age

99.6 years

Currently For Sale

152 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# 72530373

Frequently Asked Questions

When was property at 162 Athol Road built and last sold?
The property at 162 Athol Road was built in 1890 and last sold on Sep 13, 2019 for $70,000.
How much is this home worth?
The estimated value of the home located at 162 Athol Road is $74,322.
What are some comparable homes to 162 Athol Road?
There are currently no comparable homes to 162 Athol Road.
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