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Hampshire
203 Summit St
$100,000
● House - Off Market

203 Summit St

Plainfield, MA 01070
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,913 Ft²
$154,049
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Set far back from the road you find this little slice of paradise surrounded by fields and woods. This large single floor camp style home was lived in year round for decades converted from the original 1940's cottage. There is a newer salt box style garage with work shop and upstairs storage. The large rear deck overlooks the park like back yard with stone walls and fields beyond. The cottage itself has vaulted ceilings throughout, wood floors, fire place, open floor plan. Come see for yourself and priced right.
Unit Size
1,913 Ft²
Days on Market
-
Land Size
15.00 acres
Price per sqft
$57
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1946

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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 #72576458)

Price History

Date / Event Date Event Price
May 12, 2020 Sold
Premium
Sold
Oct 7, 2019 Listed by Molyneux Realty $109,000
Listed by Molyneux Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 209,088
  • Total Building Area: 1,913
  • Gross Building Area: 2,303
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mohawk Trail School District
  • Census Tract: 822700

Zoning

  • Zoning: R1

Geography

  • Account Number: M_82587_91
  • Parcel: PLAI M:026.0 P:0013.0
  • Municipality: PLAINFIELD
  • Latitude: 42.5011
  • Longitude: -72.9284

    Address

  • Full Address: 203 Summit St
  • Address - House Number: 203
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Plainfield
  • Carrier Code: H070
  • 4-Digit Zip Code: 9735
  • Zip Code: 01070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $242,600

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 159,657
  • High Value: 194,192
  • Low Value: 125,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,100
  • Assessed Land Value: $41,000
  • Assessed Improvements Value: $76,100

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 8651
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:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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# 72576458

Frequently Asked Questions

When was property at 203 Summit Street built and last sold?
The property at 203 Summit Street was built in 1946 and last sold on Apr 22, 2020 for $100,000.
How much is this home worth?
The estimated value of the home located at 203 Summit Street is $137,184.
What are some comparable homes to 203 Summit Street?
There are currently no comparable homes to 203 Summit Street.
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