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Berkshire
2373 Algerie Rd
$218,000
● House - Off Market

2373 Algerie Rd

Otis, MA 01253
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,994 Ft²
$428,918
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Nice 3 BR contemporary priced well below assessed value. Lots of windows, brick fireplace, wrap around deck, hot tub, large master bedroom and a one car garage. Some window AC. Lower level has a large den & 4th sleeping area. Nice open yard. Garden shed.  Abuts Otis State Forest. Walk to White Lily Pond. Exc. location near most Berkshire attractions, yet only 2 3/4 hrs. to NYC, 2 hrs to Boston, 1 hr to Harford, Albany or Springfield. Most furniture available.
Unit Size
1,994 Ft²
Days on Market
-
Land Size
1.93 acres
Price per sqft
$113
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1987

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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 years ago (MLSPIN #71609094)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Sep 14, 2016 Listed by Kempf-Vanderburgh Realty Consultants, Inc. $239,000
Listed by Kempf-Vanderburgh Realty Consultants, Inc.
Mar 18, 2014 Sold
Premium
Sold
Nov 17, 2013 Listed by Kempf-Vanderburgh Realty Consultants, Inc. $225,000
Listed by Kempf-Vanderburgh Realty Consultants, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 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: 84,071
  • Total Building Area: 1,544
  • Gross Building Area: 3,237
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001930
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Farmington River Regional School District
  • School Tax School District: FARMINGTON RIV
  • Census Tract: 933400

Zoning

  • Zoning: R40

Geography

  • Account Number: 169
  • Parcel: OTIS M:4 L:4
  • Lot: 4
  • Municipality: OTIS
  • Latitude: 42.2354
  • Longitude: -73.0391

    Address

  • Full Address: 2373 Algerie Rd
  • Address - House Number: 2373
  • Address - Street Name: Algerie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: East Otis
  • Carrier Code: R777
  • 4-Digit Zip Code: 4517
  • Zip Code: 01029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $198,900

    Appraisal Valuation

  • Standard Deviation: 0.2639
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 450,823
  • High Value: 569,805
  • Low Value: 331,841

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,400
  • Assessed Land Value: $32,600
  • Assessed Improvements Value: $267,800

    Sales

  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 906059
  • Previous Sale Recording Date: Mar 18, 2014
  • Previous Sale Amount: $218,000
  • Previous Sale Document Type: 71
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 Berkshire

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$203

Below Asking

0.04%

Average Days on Market

80

Average Home Size

2488 ft²

Average Home Age

86.9 years

Currently For Sale

85 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 years ago
Data Source: MLS PIN, MLS# 71609094

Frequently Asked Questions

When was property at 2373 Algerie Road built and last sold?
The property at 2373 Algerie Road was built in 1987 and last sold on Jan 1, 1970 for $229,000.
How much is this home worth?
The estimated value of the home located at 2373 Algerie Road is $245,153.
What are some comparable homes to 2373 Algerie Road?
There are currently no comparable homes to 2373 Algerie Road.
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