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Belchertown 01007
23 Mill Valley Rd
$245,000
● House - Off Market

23 Mill Valley Rd

Belchertown, MA 01007
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,824 Ft²
$357,360
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

This charming colonial has been lovingly cared for by the same family for years  ! In town location on over 3 acres.  Features include either 4 or 5 bedrooms, office space and a lovely sun room off the dining room. Newer heating system and roof approx.10 years . Now its your turn to call it home. Bring your updating ideas and paintbrush. . This classic is definitely worth the effort .  Lot has 255+ frontage .Potential for another building lot . Buyer to do due diligence if interested.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$137
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1925

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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: 4 months ago (MLSPIN #72619831)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Feb 14, 2020 Listed by Coldwell Banker Residential Brokerage - Chicopee $249,900
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,168
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Total Building Area: 1,779
  • Gross Building Area: 3,220
  • Building Area: 1,779
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,779
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003200
  • 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

Geography

  • District: 24
  • Parcel: BELC M:244 L:135
  • Lot: 135
  • Municipality: BELCHERTOWN
  • Latitude: 42.2729
  • Longitude: -72.3961

    Address

  • Full Address: 23 Mill Valley Rd
  • Address - House Number: 23
  • Address - Street Name: Mill Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R003
  • 4-Digit Zip Code: 9576
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,100

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 338,942
  • High Value: 410,380
  • Low Value: 267,504

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $293,800
  • Assessed Land Value: $73,000
  • Assessed Improvements Value: $220,800

    Sales

  • Current Sale Contract Date: Mar 23, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5522
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 Belchertown

Stats & Trends

Median Asking:

$436,000

Sale Price/ft²

$247

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2178 ft²

Average Home Age

72.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72619831

Frequently Asked Questions

When was property at 23 Mill Valley Road built and last sold?
The property at 23 Mill Valley Road was built in 1925 and last sold on Mar 23, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 23 Mill Valley Road is $252,302.
What are some comparable homes to 23 Mill Valley Road?
There are currently no comparable homes to 23 Mill Valley Road.
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