Hampden
21 Echo Rd
$343,500
●
House -
Off Market
21 Echo Rd
Brimfield, MA 01010
2 Beds
1 Bath,
1
Half Bath
1,862 Ft²
$1,812
Est. Monthly
About This Property
This extensively renovated home near Sherman Pond is a wonderful
opportunity for someone who enjoys summer water activities!
Originally built in 1992,it has undergone significant renovation in
the past couple of years, including updates to plumbing, heating,
electrical systems, and windows. Additionally, a recently drilled
well and new spetic system adds to the convenience. With
approximately 1800 square feet of space, this home offers plenty of
room for comfortable living and even provides options for in-home
office setups/ bonus rooms.The proximity to Sherman Pond suggests a
picturesque and potentially serene environment, perfect for
relaxation and outdoor recreation such as boating and kayaking
during the summer months. Overall, this is an attractive
property with a location that offers both convenience and
opportunities for enjoying nature.Located in the desirable
Tantasqua/ Union 61 school district. See atatchment in MLS for full
floor plans.
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$185
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1992
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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 #73241980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by RE/MAX Vision | $345,000 | |
| Listed by RE/MAX Vision | |||
| | |||
|
This extensively renovated home near Sherman Pond is a wonderful opportunity for someone who enjoys summer water activities! Originally built in 1992,it has undergone significant renovation in the past couple of years, including updates to plumbing, heating, electrical systems, and windows. Additionally, a recently drilled well and new spetic system adds to the convenience. With approximately 1800 square feet of space, this home offers plenty of room for comfortable living and even provides options for in-home office setups/ bonus rooms.The proximity to Sherman Pond suggests a picturesque and potentially serene environment, perfect for relaxation and outdoor recreation such as boating and kayaking during the summer months. Overall, this is an attractive property with a location that offers both convenience and opportunities for enjoying nature.Located in the desirable Tantasqua/ Union 61 school district. See atatchment in MLS for full floor plans.
| |||
| May 9, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 30, 2024 | Price Decreased |
$369,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Apr 12, 2024 | Listed by RE/MAX Vision | $389,000 | |
| Listed by RE/MAX Vision | |||
| | |||
|
This extensively renovated home near Sherman Pond is a wonderful opportunity for someone who enjoys summer water activities! Originally built in 1992,it has undergone significant renovation in the past couple of years, including updates to plumbing, heating, electrical systems, and windows. Additionally, a recently drilled well and new spetic system adds to the convenience. With approximately 1800 square feet of space, this home offers plenty of room for comfortable living and even provides options for in-home office setups/ bonus rooms.The proximity to Sherman Pond suggests a picturesque and potentially serene environment, perfect for relaxation and outdoor recreation such as boating and kayaking during the summer months. Overall, this is an attractive property with a location that offers both convenience and opportunities for enjoying nature.Located in the desirable Tantasqua/ Union 61 school district. See atatchment in MLS for full floor plans.
| |||
Property Highlights
Parking Available
Building Info
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