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Hampden
241 North Rd
$385,000
● House - Off Market

241 North Rd

Hampden, MA 01036
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,380 Ft²
$439,413
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Ballyheige Farm-Circa 1792 is beautifully set on two plus acres!  This scenically located gambrel roofed antique colonial offers three bedrooms, two baths, wide-pine floors and a remarkable kitchen fireplace with bake oven.  It retains much of the original charm and has remained in the same family since 1865.  The seven bright rooms capture the view of the changing seasons and the rising sun.  There is a lovely level yard, beautiful stone walls, a single car attached garage and a barn with electricity.  This is a rare opportunity to own a landmark home with an address to be remembered.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
2.47 acres
Price per sqft
$308
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1792

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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 #72976816)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
May 5, 2022 Listed by Coldwell Banker Realty - Longmeadow $425,000
Listed by Coldwell Banker Realty - Longmeadow
Aug 28, 2000 Sold
Premium
Sold
Aug 14, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1792
  • Effective Year Built: 1792
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 107,593
  • Total Building Area: 1,380
  • Gross Building Area: 4,200
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampden-Wilbraham School District
  • Census Tract: 813500

Zoning

  • Zoning: R6

Geography

  • Account Number: 1375
  • Parcel: HAMP M:0023 B:0044 L:0
  • Block: 44
  • Municipality: HAMPDEN
  • Latitude: 42.0804
  • Longitude: -72.4121

    Address

  • Full Address: 241 North Rd
  • Address - House Number: 241
  • Address - Street Name: North
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hampden
  • Carrier Code: R012
  • 4-Digit Zip Code: 9662
  • Zip Code: 01036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,000

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 406,292
  • High Value: 478,471
  • Low Value: 334,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,500
  • Assessed Land Value: $115,600
  • Assessed Improvements Value: $222,900

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46660
  • Previous Sale Recording Date: Aug 28, 2000
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 27
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.72%

Average Days on Market

54

Average Home Size

2150 ft²

Average Home Age

78.1 years

Currently For Sale

810 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# 72976816

Frequently Asked Questions

When was property at 241 North Road built and last sold?
The property at 241 North Road was built in 1792 and last sold on Aug 1, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 241 North Road is $421,309.
What are some comparable homes to 241 North Road?
There are currently no comparable homes to 241 North Road.
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