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Franklin
20 Tepee Lane
$62,000
● House - Off Market

20 Tepee Lane

Heath, MA 01346
bedrooms
1 Bed
bathrooms
1 Bath
square feet
500 Ft²
$66,402
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Here's the affordable camp you've been searching for!  Lots of yard to play & relax in, with full access to Papoose Lake swimming area, pavilion & recreation hall - all private for use of Mohawk Estates residents only.  This clever set up is a Nomad RV in great condition, with efficient one bedroom, kitchen/dining/living area and full bath.   A full structure pitched roof with metal surface is built over the the RV to handle Heath winters, and adds a terrific enclosed porch for those big gatherings and celebrations, more than doubling living area!  With 4 lots, there is a septic system and drilled well - no "honey wagon" trips needs to enjoy escaping here!  Truly seasonal living at its best!
Unit Size
500 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$118
Property Type
House
Property Taxes
$37
HOA Dues
$800
Year Built
-

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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: 5 years ago (MLSPIN #72872212)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Jul 27, 2021 Listed by Coldwell Banker Community REALTORS® $59,000
Listed by Coldwell Banker Community REALTORS®
Oct 15, 1992 Sold
Premium
Sold
Jul 2, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 9,148
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000210
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Mohawk Trail School District
  • Census Tract: 040100

Zoning

  • Zoning: R1

Geography

  • Account Number: 5456
  • Parcel: HEAT M:103 B:098
  • Block: 98
  • Municipality: HEATH
  • Latitude: 42.6746
  • Longitude: -72.7918

    Address

  • Full Address: 20 Teepee Ln
  • Address - House Number: 20
  • Address - Street Name: Teepee
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Heath
  • Zip Code: 01346

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $13,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $6,600
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $4,200

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12756
  • Previous Sale Recording Date: Oct 15, 1992
  • Previous Sale Amount: $2,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2172 ft²

Average Home Age

99.4 years

Currently For Sale

156 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 years ago
Data Source: MLS PIN, MLS# 72872212

Frequently Asked Questions

When was property at 20 Teepee Lane built and last sold?
The property at 20 Teepee Lane was built in and last sold on Sep 29, 2021 for $62,000.
How much is this home worth?
The estimated value of the home located at 20 Teepee Lane is $0.
What are some comparable homes to 20 Teepee Lane?
There are currently no comparable homes to 20 Teepee Lane.
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