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South Amherst 01002
173 Mill Lane
Photo of 173 Mill Lane
Sold on Jan 28, 2005

1

Map

$358,800
● House - Off Market

173 Mill Lane

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$748,087
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

Custom one owner ranch style home that has been lovingly maintained and is surrounded by conservation land. This home has quality details throughout and has a great floor plan. The home has a large living/dining room with beautiful 180 degree Northern views of fields, pastures and the mountains in the distance.  Features include a country kitchen with fireplace, first floor laundry, three bedrooms, hardwood flooring, central A/C,to name a few. A country setting just minutes to Amherst Center.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$218
Property Type
House
Property Taxes
$29,870
HOA Dues
-
Year Built
1965

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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 #70120724)

Price History

Date / Event Date Event Price
Jan 28, 2005 Sold
Premium
Sold
Nov 26, 2004 Listed $389,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 21,307
  • Total Building Area: 1,792
  • Gross Building Area: 4,306
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820801

Geography

  • Account Number: 17C000015
  • District: 8
  • Parcel: AMHE M:0017C B:0000 L:0015
  • Lot: 15
  • Municipality: AMHERST
  • Latitude: 42.3563
  • Longitude: -72.5137

    Address

  • Full Address: 173 Mill Ln
  • Address - House Number: 173
  • Address - Street Name: Mill
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Amherst
  • Carrier Code: R001
  • 4-Digit Zip Code: 2931
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,400

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 536,712
  • High Value: 647,612
  • Low Value: 425,812

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $431,900
  • Assessed Land Value: $194,500
  • Assessed Improvements Value: $237,400

    Sales

  • Current Sale Recording Date: Sep 11, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18575
  • Previous Sale Recording Date: Jan 28, 2005
  • Previous Sale Amount: $358,800
  • 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 South Amherst

Stats & Trends

Median Asking:

$387,000

Sale Price/ft²

$295

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1314 ft²

Average Home Age

59 years

Currently For Sale

9 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# 70120724

Frequently Asked Questions

When was property at 173 Mill Lane built and last sold?
The property at 173 Mill Lane was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 173 Mill Lane is $395,956.
What are some comparable homes to 173 Mill Lane?
There are currently no comparable homes to 173 Mill Lane.
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