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Hampden
197 Union Rd
$360,000
● House - Off Market

197 Union Rd

Wales, MA 01081
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,420 Ft²
$379,908
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

2.3 Acres of bonus land included in this deal!  193 Union Street (100,188 sqft) is Residential Developable Land and is adjacent to 197 Union.  This charming log home has 2 bedrooms with ample closet space and a large bonus room upstairs.  Nature on all sides! There is potential in the basement for an additional room with walkout access to the yard.  Bring your horses or favorite animals.  Out building with two stalls and a large area to roam.  Or build another home for a family member right next door!  The 2-car detached garage has a second floor with plenty of storage space. Stainless steel appliances to remain for buyer's enjoyment.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
2.60 acres
Price per sqft
$254
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1980

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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: 4 months ago (MLSPIN #73005390)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Jul 18, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $360,000
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 370
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 113,256
  • Total Building Area: 1,420
  • Gross Building Area: 3,240
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN H HARAGHEY JR SURV
  • Land Acres: 0000002600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wales School District
  • Census Tract: 813801

Geography

  • Account Number: 16126
  • Parcel: WALE M:1000 B:3060 L:0197-0
  • Block: 3060
  • Lot: 197-0
  • Municipality: WALES
  • Latitude: 42.0447
  • Longitude: -72.2093

    Address

  • Full Address: 197 Union Rd
  • Address - House Number: 197
  • Address - Street Name: Union
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wales
  • Carrier Code: H064
  • 4-Digit Zip Code: 9605
  • Zip Code: 01081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $438,700

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 349,327
  • High Value: 411,759
  • Low Value: 286,895

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $297,000
  • Assessed Land Value: $53,300
  • Assessed Improvements Value: $243,700

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68343
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2141 ft²

Average Home Age

78.2 years

Currently For Sale

830 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# 73005390

Frequently Asked Questions

When was property at 197 Union Road built and last sold?
The property at 197 Union Road was built in 1980 and last sold on Nov 18, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 197 Union Road is $363,478.
What are some comparable homes to 197 Union Road?
There are currently no comparable homes to 197 Union Road.
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