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Agawam Town 01001
238 River Road
$105,000
● House - Off Market

238 River Road

Agawam, MA 01001
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$175,652
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Riverfront Property! Peach Wood sided Ranch with 5 Rooms, 2 Bedrooms, and 1 Full Bath featuring a 1x Car Detached Garage and Fenced Back Yard with In-Ground Pool. Across the Street is Borgati Park with Jungle Gym, Baseball, Pickleball, Parking, Restrooms, and more. Enjoy the Large Back Deck with views of the Connecticut River. Seller is working to clear some Title Issues, which includes recording the Eaton Affidavit (Thompson Issue does not apply). Also, buyer acknowledge they are aware of current violations and will take responsibility for them after close with the City (Attached to MLS).
Unit Size
840 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$143
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #72553516)

Price History

Date / Event Date Event Price
Nov 8, 2019 Sold
Premium
Sold
Sep 17, 2019 Sold
Premium
Sold
Aug 22, 2019 Listed by Marty's Real Estate $120,000
Listed by Marty's Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 840
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 12,633
  • Total Building Area: 840
  • Gross Building Area: 1,938
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Agawam School District
  • School Tax School District: AGAWAM SD
  • Census Tract: 813208

Zoning

  • Zoning: RA2

Geography

  • Account Number: 9710
  • District: 5
  • Parcel: AGAW M:00L6 B:0010 L:5
  • Block: 10
  • Lot: 5
  • Municipality: AGAWAM
  • Latitude: 42.0519
  • Longitude: -72.6086

    Address

  • Full Address: 238 River Rd
  • Address - House Number: 238
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Agawam
  • Carrier Code: C001
  • 4-Digit Zip Code: 2880
  • Zip Code: 01001

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $396,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 281,361
  • High Value: 341,936
  • Low Value: 220,787

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,736
  • Assessed Land Value: $143,536
  • Assessed Improvements Value: $129,200

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 220170
  • Previous Sale Recording Date: Sep 17, 2019
  • Previous Sale Contract Date: Feb 26, 2019
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 34
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 Agawam Town

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1784 ft²

Average Home Age

67.6 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72553516

Frequently Asked Questions

When was property at 238 River Road built and last sold?
The property at 238 River Road was built in 1940 and last sold on Sep 26, 2019 for $105,000.
How much is this home worth?
The estimated value of the home located at 238 River Road is $125,648.
What are some comparable homes to 238 River Road?
There are currently no comparable homes to 238 River Road.
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