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Hampshire
2 Frallo
$291,000
● House - Off Market

2 Frallo

Hadley, MA 01035
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,521 Ft²
$485,536
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

In a quiet neighborhood on a cul-de-sac less than 2 miles from UMASS and close to all the area amenities, you'll discover this well kept 3 bedroom, 3 bath Hadley cape.  Recently updated with new flooring, paint and polish this one is ready for the next owner.  Wonderful open floor plan includes living room with cathedral ceiling and wood stove hookup, eat in kitchen with slider to a large back yard deck and 1st floor bedroom plus updated full bath.  Upstairs are 2 spacious bedrooms and another updated full bath.  The basement is partially finished with family room, office space and 3/4 bath.  All this plus a 2 car garage, replacement windows with a transferable lifetime warranty and a beautiful 1/2 acre corner lot.  A must see!
Unit Size
1,521 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$200
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1978

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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 #72167080)

Price History

Date / Event Date Event Price
Sep 27, 2017 Sold
Premium
Sold
May 18, 2017 Listed by 5 College REALTORS® $304,900
Listed by 5 College REALTORS®
Sep 30, 2004 Sold
Premium
Sold
Jul 9, 2004 Listed by 5 College REALTORS® $294,900
Listed by 5 College REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • 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: 20,038
  • Total Building Area: 1,521
  • Gross Building Area: 3,409
  • Building Area: 1,521
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,521
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hadley School District
  • School Tax School District: HADLEY SD
  • Census Tract: 821400

Zoning

  • Zoning: AR

Geography

  • Parcel: HADL M:0011A B:0003 L:0010
  • Block: 3
  • Lot: 10
  • Municipality: HADLEY
  • Latitude: 42.3714
  • Longitude: -72.5669

    Address

  • Full Address: 2 Frallo Dr
  • Address - House Number: 2
  • Address - Street Name: Frallo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hadley
  • Carrier Code: R014
  • 4-Digit Zip Code: 9647
  • Zip Code: 01035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $455,600

    Appraisal Valuation

  • Standard Deviation: 0.2541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 438,688
  • High Value: 550,189
  • Low Value: 327,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,000
  • Assessed Land Value: $124,800
  • Assessed Improvements Value: $275,200

    Sales

  • Current Sale Recording Date: Sep 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20254
  • Previous Sale Recording Date: Sep 30, 2004
  • Previous Sale Amount: $288,500
  • 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 Hampshire

Stats & Trends

Median Asking:

$459,950

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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# 72167080

Frequently Asked Questions

When was property at 2 Frallo Drive built and last sold?
The property at 2 Frallo Drive was built in 1978 and last sold on Jan 1, 1970 for $291,000.
How much is this home worth?
The estimated value of the home located at 2 Frallo Drive is $314,071.
What are some comparable homes to 2 Frallo Drive?
There are currently no comparable homes to 2 Frallo Drive.
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