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Hampshire 01002
171 State St
$485,000
● House - Off Market

171 State St

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,082 Ft²
$431,772
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Great location in North Amherst! Contemporary home with beautiful views of Puffer's Pond from virtually every room in the house!  Expansive living room with vaulted ceiling, wood burning fireplace, and direct access to the lawn. Walk onto the deck directly from the eat-in kitchen to enjoy coffee and views of the pond. Four bedrooms plus a bonus room (with spiral staircase) provide ample space for home office, artist studio, guest space, and more. Large primary bedroom suite with its own loft and vaulted ceilings. Five minute drive to Amherst Center and UMass Amherst. Steps to Puffer's Pond, the Robert Frost Trail, conservation areas, and charming Cushman Market.
Unit Size
2,082 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$201
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1920

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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 #73074128)

Price History

Date / Event Date Event Price
Mar 6, 2023 Sold
Premium
Sold
Feb 9, 2023 In contract -
In contract
Jan 29, 2023 Listed by Jones Group REALTORS® $419,000
Listed by Jones Group REALTORS®
May 15, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 20,182
  • Total Building Area: 2,082
  • Gross Building Area: 3,686
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000463
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 5B000111
  • District: 8
  • Parcel: AMHE M:0005B B:0000 L:0111
  • Lot: 111
  • Municipality: AMHERST
  • Latitude: 42.415
  • Longitude: -72.5186

    Address

  • Full Address: 171 State St
  • Address - House Number: 171
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 1120
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $777,800

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 498,591
  • High Value: 609,612
  • Low Value: 387,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $420,200
  • Assessed Land Value: $150,100
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3193
  • Previous Sale Recording Date: May 15, 1995
  • Previous Sale Amount: $145,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2085 ft²

Average Home Age

69.7 years

Currently For Sale

351 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# 73074128

Frequently Asked Questions

When was property at 171 State Street built and last sold?
The property at 171 State Street was built in 1920 and last sold on Feb 22, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 171 State Street is $437,385.
What are some comparable homes to 171 State Street?
There are currently no comparable homes to 171 State Street.
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