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Hampshire 01007
22 Rimrock Road
$325,000
● House - Off Market

22 Rimrock Road

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,005 Ft²
$467,228
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Contemporary with open floor plan that features 2 bedrooms on the first floor level and the master bedroom suite with loft over looking the back yard, with private sitting area, full bath and walk in closet. First floor with Cathedral Ceilings with atrium doors to both patio and deck, with Dining Room and updated kitchen. An abundance of windows, including casement windows and custom brick fireplace. Great home for entertaining. Terrific yard with numerous flower gardens, located at the end of the street. Close to Springfield and Chicopee, and minutes to the Mass Pike.
Unit Size
2,005 Ft²
Days on Market
-
Land Size
1.89 acres
Price per sqft
$159
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1988

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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: 6 months ago (MLSPIN #72549230)

Price History

Date / Event Date Event Price
Oct 17, 2019 Sold
Premium
Sold
Aug 13, 2019 Listed by Gallagher Real Estate $319,000
Listed by Gallagher Real Estate
Oct 31, 2013 Sold
Premium
Sold
Jul 11, 2013 Listed by Gallagher Real Estate $285,000
Listed by Gallagher Real Estate
Apr 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,376
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,328
  • Total Building Area: 2,349
  • Gross Building Area: 4,610
  • Building Area: 2,349
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,349
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIMROCK
  • Land Acres: 0000001890
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820206

Zoning

  • Zoning: OA4

Geography

  • District: 24
  • Parcel: BELC M:266 L:10
  • Lot: 10
  • Municipality: BELCHERTOWN
  • Latitude: 42.2379
  • Longitude: -72.4413

    Address

  • Full Address: 22 Rimrock Rd
  • Address - House Number: 22
  • Address - Street Name: Rimrock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R005
  • 4-Digit Zip Code: 9657
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $599,200

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 458,604
  • High Value: 548,240
  • Low Value: 368,968

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,100
  • Assessed Land Value: $78,500
  • Assessed Improvements Value: $312,600

    Sales

  • Current Sale Contract Date: Oct 16, 2019
  • Current Sale Recording Date: Oct 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20274
  • Previous Sale Recording Date: Oct 31, 2013
  • Previous Sale Amount: $272,500
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2071 ft²

Average Home Age

71.1 years

Currently For Sale

341 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: 6 months ago
Data Source: MLS PIN, MLS# 72549230

Frequently Asked Questions

When was property at 22 Rimrock Drive built and last sold?
The property at 22 Rimrock Drive was built in 1988 and last sold on Oct 16, 2019 for $325,000.
How much is this home worth?
The estimated value of the home located at 22 Rimrock Drive is $333,656.
What are some comparable homes to 22 Rimrock Drive?
There are currently no comparable homes to 22 Rimrock Drive.
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