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South Amherst 01002
216 Potwine Lane
Photo of 216 Potwine Lane
Sold on Aug 24, 2009

1

Map

$355,000
● House - Off Market

216 Potwine Lane

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,392 Ft²
$695,338
RealtyHop Estimate
107.63%
Since Sep 1, 2009
National-US
Primary Model

About This Property

One level living in great location. Some views. Hand made red birch kitchen cabinets plus granite in kitchen. New Siding June 2009. New electric service & two year old replacement windows. Negotiable hot tub on rear deck next to newer light & bright sunroom. Total electricity averages $87 per month. Walkout basement. House currently sits on 5.7 acres. Flag lot size awaiting survey. Amount of land staying with house to be determined. Can be sold with the lot MLS 70880040 for total of $434,900.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
2.80 acres
Price per sqft
$241
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #70880021)

Price History

Date / Event Date Event Price
Aug 24, 2009 Sold
Premium
Sold
Feb 25, 2009 Listed $334,900
Listed
Oct 30, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 250,906
  • Total Building Area: 1,392
  • Gross Building Area: 3,148
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005760
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820801

Geography

  • Account Number: 23A000001
  • District: 8
  • Parcel: AMHE M:0023A B:0000 L:0001
  • Lot: 1
  • Municipality: AMHERST
  • Latitude: 42.3331
  • Longitude: -72.5134

    Address

  • Full Address: 216 Potwine Ln
  • Address - House Number: 216
  • Address - Street Name: Potwine
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Amherst
  • Carrier Code: R005
  • 4-Digit Zip Code: 3310
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $725,400

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 545,207
  • High Value: 645,105
  • Low Value: 445,308

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,900
  • Assessed Land Value: $208,600
  • Assessed Improvements Value: $183,300

    Sales

  • Current Sale Recording Date: Aug 24, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00020922
  • Previous Sale Recording Date: Oct 30, 1997
  • Previous Sale Amount: $152,000
  • 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 South Amherst

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$298

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1363 ft²

Average Home Age

57.9 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 70880021

Frequently Asked Questions

When was property at 216 Potwine Lane built and last sold?
The property at 216 Potwine Lane was built in 1965 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 216 Potwine Lane is $343,507.
What are some comparable homes to 216 Potwine Lane?
There are currently no comparable homes to 216 Potwine Lane.
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