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North Amherst 01002
228 Grantwood Dr
$463,500
● House - Off Market

228 Grantwood Dr

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$465,231
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Inviting four bedroom two bath cape style home offers kitchen with butcher block breakfast sitting area and stainless steel appliances, expansive living room with crown moldings and gleaming hardwood flooring. The second floor has a shed dormer with ample natural light, skylights and a potential office or additional sitting room. Large two car attached garage with over nine foot ceilings. Located minutes from UMass, Amherst Center, Cushman Market, Puffers Pond and walking trails.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$256
Property Type
House
Property Taxes
$669
HOA Dues
-
Year Built
1973

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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 #72964149)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Matthew Krach $459,900
Listed by Matthew Krach
May 5, 2020 Sold
Premium
Sold
Jul 25, 2018 Listed by Matthew Krach $240,000
Listed by Matthew Krach
This Home needs TLC and is being Sold "as-is" and is subject to Short Sale Approval
Jul 13, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 20,968
  • Total Building Area: 1,627
  • Gross Building Area: 3,876
  • Building Area: 1,627
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,627
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000481
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820300

Geography

  • Account Number: 14042
  • District: 8
  • Parcel: AMHE M:0006C B:0000 L:0262
  • Lot: 262
  • Municipality: AMHERST
  • Latitude: 42.4075
  • Longitude: -72.5083

    Address

  • Full Address: 228 Grantwood Dr
  • Address - House Number: 228
  • Address - Street Name: Grantwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 1588
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $856,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2227
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 498,909
  • High Value: 610,031
  • Low Value: 387,787

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,800
  • Assessed Land Value: $176,700
  • Assessed Improvements Value: $286,100

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11743
  • Previous Sale Recording Date: May 05, 2020
  • Previous Sale Contract Date: May 05, 2020
  • Previous Sale Amount: $244,500
  • 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 North Amherst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2679 ft²

Average Home Age

15.5 years

Currently For Sale

2 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# 72964149

Frequently Asked Questions

When was property at 228 Grantwood Drive built and last sold?
The property at 228 Grantwood Drive was built in 1973 and last sold on Jun 6, 2022 for $463,500.
How much is this home worth?
The estimated value of the home located at 228 Grantwood Drive is $467,527.
What are some comparable homes to 228 Grantwood Drive?
There are currently no comparable homes to 228 Grantwood Drive.
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