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Franklin
182 Neilson Rd
Photo of 182 Neilson Rd
Sold on Oct 26, 2026

9

Map

Photo of 182 Neilson Rd
Photo of 182 Neilson Rd
$295,000
● House - Off Market

182 Neilson Rd

New Salem, MA 01355
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,398 Ft²
$2,103
Est. Monthly

About This Property

Country home set against conservation woods. Built ins, exposed beams. Passing title V. Large barn, rock walls, mature trees. Range, refrigerator, microwave and washer / dryer included. Selling as is.
Unit Size
1,398 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$257
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1900

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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 days ago (MLSPIN #73563855)

Price History

Date / Event Date Event Price
Oct 26, 2026 Sold
Premium
Sold
Oct 23, 2026 In contract -
In contract
Sep 30, 2026 Price Increased $359,000
↑ $64K (21.7%)
Price Increased
Aug 14, 2026 Listed by OwnerEntry.com $295,000
Listed by OwnerEntry.com
Sep 15, 2025 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • 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: 88,427
  • Total Building Area: 1,398
  • Gross Building Area: 3,301
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • Census Tract: 040600

Geography

  • Parcel: NEWS M:00401 L:00047
  • Lot: 47
  • Municipality: NEW SALEM
  • Latitude: 42.5444
  • Longitude: -72.3458

    Address

  • Full Address: 182 Neilson Rd
  • Address - House Number: 182
  • Address - Street Name: Neilson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Salem
  • Carrier Code: R001
  • 4-Digit Zip Code: 9520
  • Zip Code: 01355

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $342,600

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 310,354
  • High Value: 388,112
  • Low Value: 232,595

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $238,400
  • Assessed Land Value: $50,600
  • Assessed Improvements Value: $187,800

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 15547
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Amount: $160,700
  • Previous Sale Document Type: O
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

$232

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2173 ft²

Average Home Age

94.8 years

Currently For Sale

162 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 days ago
Data Source: MLS PIN, MLS# 73563855

Frequently Asked Questions

When was property at 182 Neilson Road built and last sold?
The property at 182 Neilson Road was built in 1900 and last sold on Nov 29, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 182 Neilson Road is $346,474.
What are some comparable homes to 182 Neilson Road?
There are currently no comparable homes to 182 Neilson Road.
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