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North Amherst 01002
168 Cherry Lane
$310,000
● House - Off Market

168 Cherry Lane

Amherst, MA 01002
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,000 Ft²
$1,240,310
RealtyHop Estimate
270.24%
Since Mar 1, 1997
National-US
Primary Model

About This Property

FIRST FLOOR BEDROOM, FULL BATH AND OPEN FOYER. FAMILY ROOM WITH FIREPLACE, VAULTED CEILING, AND FRENCH DOORS TO OUTSIDE DECK. FORMAL DINING ROOM, EAT-IN KITCHEN, LIVING ROOM. WALK OUT BASEMENT WITH FRENCH DOORS, LARGE SUNNY LOT.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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 years ago (MLSPIN #30099241)

Price History

Date / Event Date Event Price
Feb 12, 2001 Sold
Premium
Sold
Nov 2, 2000 Listed by Jones Town & Country Realty $349,900
Listed by Jones Town & Country Realty
Feb 14, 1997 Sold
Premium
Sold
Apr 11, 1996 Listed by Jones Town & Country Realty $335,000
Listed by Jones Town & Country Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • 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: 46,871
  • Total Building Area: 2,762
  • Gross Building Area: 5,283
  • Building Area: 2,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001076
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820300

Geography

  • Account Number: 9A000057
  • District: 8
  • Parcel: AMHE M:0009A B:0000 L:0057
  • Lot: 57
  • Municipality: AMHERST
  • Latitude: 42.4002
  • Longitude: -72.5071

    Address

  • Full Address: 168 Cherry Ln
  • Address - House Number: 168
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 4400
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,232,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 778,752
  • High Value: 927,497
  • Low Value: 630,007

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $665,900
  • Assessed Land Value: $198,100
  • Assessed Improvements Value: $467,800

    Sales

  • Current Sale Recording Date: Feb 12, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 14, 1997
  • Previous Sale Amount: $310,000
  • 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 North Amherst

Stats & Trends

Median Asking:

$594,900

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2294 ft²

Average Home Age

39.7 years

Currently For Sale

3 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 years ago
Data Source: MLS PIN, MLS# 30099241

Frequently Asked Questions

When was property at 168 Cherry Lane built and last sold?
The property at 168 Cherry Lane was built in 1996 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 168 Cherry Lane is $0.
What are some comparable homes to 168 Cherry Lane?
There are currently no comparable homes to 168 Cherry Lane.
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