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Hampden 01095
22 Pine Dr
$170,000
● House - Off Market

22 Pine Dr

Wilbraham, MA 01095
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$207,982
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

INCREDIBLE VALUE for this 3 bedroom Ranch, located on a great dead-end street in Wilbraham with ZERO ELECTRIC BILLS! The next owner will enjoy the benefits of OWNED solar panels and little to NO electric bills! The living room has hardwood flooring and brick fireplace with wood-burning stove. The kitchen has a large deck off the back, overlooking the large rear yard, perfect for family gatherings! Three bedrooms and a full bathroom complete the main level, the third bedroom may also serve as a formal dining room. Other features and updates include a brand new roof in 2012 and an updated electric panel to 200amps in 2012. An excellent opportunity for Wilbraham living - make this Ranch YOURS with your personal cosmetic touches!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$149
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1951

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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 #72636685)

Price History

Date / Event Date Event Price
Nov 10, 2023 Temporarily off market -
Temporarily off market
Oct 3, 2023 Relisted $329,900
Relisted
Oct 1, 2023 No longer available -
No longer available
Sep 27, 2023 Price Decreased $289,900
↓ $19K (6.2%)
Price Decreased
Sep 2, 2023 Price Decreased $309,000
↓ $10K (3.1%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • 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: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 744
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,121
  • Total Building Area: 1,008
  • Gross Building Area: 2,256
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000875
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampden-Wilbraham School District
  • School Tax School District: HMPDN-WILBRHM
  • Census Tract: 813601

Zoning

  • Zoning: R26

Geography

  • Account Number: MAP 161
  • Parcel: WILB M:9300 B:22 L:3867
  • Block: 22
  • Lot: 3867
  • Municipality: WILBRAHAM
  • Latitude: 42.158
  • Longitude: -72.4029

    Address

  • Full Address: 22 Pine Dr
  • Address - House Number: 22
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilbraham
  • Carrier Code: R004
  • 4-Digit Zip Code: 1216
  • Zip Code: 01095

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $472,500

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 272,008
  • High Value: 295,769
  • Low Value: 248,248

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $255,400
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $183,400

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74678
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: O
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.76%

Average Days on Market

54

Average Home Size

2156 ft²

Average Home Age

79.2 years

Currently For Sale

851 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 months ago
Data Source: MLS PIN, MLS# 72636685

Frequently Asked Questions

When was property at 22 Pine Drive built and last sold?
The property at 22 Pine Drive was built in 1951 and last sold on Oct 20, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 22 Pine Drive is $292,799.
What are some comparable homes to 22 Pine Drive?
There are currently no comparable homes to 22 Pine Drive.
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