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Millers Falls 01349
2 Forest St.
$210,000
● House - Off Market

2 Forest St.

Erving, MA 01344
bedrooms
1 Bed
bathrooms
1 Bath
square feet
840 Ft²
$207,376
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
Unit Size
840 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$244
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1958

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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 #72984270)

Price History

Date / Event Date Event Price
Jun 2, 2022 Sold
Premium
Sold
May 17, 2022 Listed by Gallagher Real Estate $205,000
Listed by Gallagher Real Estate
Feb 11, 2022 Sold
Premium
Sold
Dec 7, 2021 Listed by Gallagher Real Estate $169,000
Listed by Gallagher Real Estate
Jul 10, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 617
  • Gross Building Area: 840
  • Building Area: 617
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 617
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District in Erving (7-12)
  • Census Tract: 040400

Zoning

  • Zoning: CV

Geography

  • Parcel: ERVI M:004 B:007 L:019
  • Block: 7
  • Lot: 19
  • Municipality: ERVING
  • Latitude: 42.5799
  • Longitude: -72.4896

    Address

  • Full Address: 2 Forest St
  • Address - House Number: 2
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Erving
  • Carrier Code: C006
  • 4-Digit Zip Code: 4426
  • Zip Code: 01344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,500

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 238,851
  • High Value: 273,778
  • Low Value: 203,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,100
  • Assessed Land Value: $68,600
  • Assessed Improvements Value: $99,500

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6096
  • Previous Sale Recording Date: Feb 11, 2022
  • Previous Sale Contract Date: Feb 11, 2022
  • Previous Sale Amount: $180,000
  • 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 Millers Falls

Stats & Trends

Median Asking:

$304,950

Sale Price/ft²

$203

Below Asking

0.04%

Average Days on Market

53

Average Home Size

1572 ft²

Average Home Age

92 years

Currently For Sale

3 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: 4 months ago
Data Source: MLS PIN, MLS# 72984270

Frequently Asked Questions

When was property at 2 Forest Street built and last sold?
The property at 2 Forest Street was built in 1958 and last sold on Jun 2, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 2 Forest Street is $206,455.
What are some comparable homes to 2 Forest Street?
There are currently no comparable homes to 2 Forest Street.
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