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Berkshire
1831 North Main Rd
$595,000
● House - Off Market

1831 North Main Rd

Otis, MA 01253
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,048 Ft²
$3,209
Est. Monthly

About This Property

LIKE LIVING ON YOUR OWN PRIVATE LAKE!Step outside to the beautifully designed terraced yard and enjoy breathtaking water views in every direction.With only a few homes on Hayden Pond and none in sight of this property,it feels like your own private lake.Since 2017 many improvements have been made on this lovely property:metal shingle 100 yr roof,newly created lower level in-law apt w/kitchen,full bath & gas fireplace.Fully reimagined yard along the waterfront w/Goshen stone patio & steps,walkways along the water w/landscaping,a drilled well & an auto generator.There's plenty of room w/3 full baths,3 bdrms + a spacious living rm w/expansive lake views & deck,gas fireplace w/ gorgeous rustic stone & reclaimed wood surround.A few minutes to Jacobs Pillow,Otis Ski Ridge & Otis Reservoir.Schedule your showing now!
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$292
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1941

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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 months ago (MLSPIN #73191793)

Price History

Date / Event Date Event Price
Jun 18, 2024 Sold
Premium
Sold
Apr 12, 2024 Price Decreased $599,000
↓ $46K (7.1%)
Price Decreased
Jan 31, 2024 Price Increased $645,000
↑ $46K (7.7%)
Price Increased
Jan 8, 2024 Listed by William Pitt Sotheby's International Realty $599,000
Listed by William Pitt Sotheby's International Realty
Jul 18, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 24,829
  • Total Building Area: 2,048
  • Gross Building Area: 4,239
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Farmington River Regional School District
  • School Tax School District: FARMINGTON RIV
  • Census Tract: 933400

Zoning

  • Zoning: R40

Geography

  • Account Number: 103
  • Parcel: OTIS M:2 L:49
  • Lot: 49
  • Municipality: OTIS
  • Latitude: 42.2388
  • Longitude: -73.1153

    Address

  • Full Address: 1831 N Main Rd
  • Address - House Number: 1831
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Otis
  • Carrier Code: H061
  • 4-Digit Zip Code: 9602
  • Zip Code: 01253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,100

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 686,224
  • High Value: 846,575
  • Low Value: 525,873

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,600
  • Assessed Land Value: $75,900
  • Assessed Improvements Value: $484,700

    Sales

  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 909218
  • Previous Sale Recording Date: Feb 04, 2010
  • 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 Berkshire

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2873 ft²

Average Home Age

90 years

Currently For Sale

89 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 months ago
Data Source: MLS PIN, MLS# 73191793

Frequently Asked Questions

When was property at 1831 North Main Road built and last sold?
The property at 1831 North Main Road was built in 1941 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 1831 North Main Road is $599,747.
What are some comparable homes to 1831 North Main Road?
There are currently no comparable homes to 1831 North Main Road.
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