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Hampden
2 Debbie Lane
$257,397
● House - Off Market

2 Debbie Lane

Wales, MA 01081
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,266 Ft²
$364,114
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

"Quiet and Serene Place at the lake"  Completely remodeled vinyl sided  Ranch.   Brand new kitchen with granite and white shaker cabinets.  Stainless appliances.    Freshly painted interior and new flooring throughout.   Two fully remodeled bathrooms.  Bright rooms with lots of natural sunlight.    Great view of the lake and a short walk to the beach.   French doors lead to a sunny sunroom off the kitchen. Two Car detached garage and plenty of parking.   Lots of parking.
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$197
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1935

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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 #72565185)

Price History

Date / Event Date Event Price
Jan 7, 2020 Sold
Premium
Sold
Sep 15, 2019 Listed by RE/MAX Destination $249,900
Listed by RE/MAX Destination
Nov 29, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 1,036
  • Gross Building Area: 1,604
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 13700
  • Parcel: WALE M:1000 B:1280 L:0002-0
  • Block: 1280
  • Lot: 2-0
  • Municipality: WALES
  • Latitude: 42.0557
  • Longitude: -72.2187

    Address

  • Full Address: 2 Debbie Ln
  • Address - House Number: 2
  • Address - Street Name: Debbie
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wales
  • Carrier Code: H064
  • 4-Digit Zip Code: 9505
  • Zip Code: 01081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $308,000

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 287,999
  • High Value: 340,448
  • Low Value: 235,549

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $208,500
  • Assessed Land Value: $43,900
  • Assessed Improvements Value: $164,600

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Jan 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 921
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Amount: $100,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2135 ft²

Average Home Age

78.2 years

Currently For Sale

818 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72565185

Frequently Asked Questions

When was property at 2 Debbie Lane built and last sold?
The property at 2 Debbie Lane was built in 1935 and last sold on Oct 31, 2019 for $257,397.
How much is this home worth?
The estimated value of the home located at 2 Debbie Lane is $256,068.
What are some comparable homes to 2 Debbie Lane?
There are currently no comparable homes to 2 Debbie Lane.
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