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Franklin 01342
242 Upper Road
$385,000
● House - Off Market

242 Upper Road

Deerfield, MA 01342
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,436 Ft²
$2,518
Est. Monthly

About This Property

Welcome to your serene retreat in Deerfield, MA! This charming home features three bedrooms and two bathrooms, all set on a spacious 2.28-acre lot. The inviting living room boasts hardwood floors and a cozy corner gas stove, perfect for gatherings, with access to a covered front porch for relaxing evenings. Conveniently located on the first floor, the primary bedroom includes a large full bath and a walk-in closet, offering comfort and ease. Step outside to the expansive rear deck that overlooks a generous lawn, ideal for entertaining or enjoying nature. Additionally, a versatile detached barn/garage provides a fantastic 3-car capacity along with abundant storage and workshop space for all your creative projects. Embrace the charm of country living in this delightful home-don't miss your chance to make it yours!
Unit Size
1,436 Ft²
Days on Market
-
Land Size
2.28 acres
Price per sqft
$299
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1932

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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 #73305384)

Price History

Date / Event Date Event Price
Jan 24, 2025 Sold
Premium
Sold
Dec 13, 2024 In contract -
In contract
Oct 23, 2024 Listed by Trademark Real Estate $429,000
Listed by Trademark Real Estate
May 30, 2014 Sold
Premium
Sold
Feb 20, 2014 Listed by Trademark Real Estate $294,900
Listed by Trademark Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 957
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 98,755
  • Total Building Area: 1,436
  • Gross Building Area: 3,231
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002267
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Frontier School District
  • Census Tract: 040900

Zoning

  • Zoning: RA

Geography

  • Account Number: 2 0 87
  • Parcel: DEER M:38 L:15
  • Lot: 15
  • Municipality: DEERFIELD
  • Latitude: 42.555
  • Longitude: -72.6255

    Address

  • Full Address: 242 Upper Rd
  • Address - House Number: 242
  • Address - Street Name: Upper
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Deerfield
  • Carrier Code: R021
  • 4-Digit Zip Code: 9738
  • Zip Code: 01342

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,900

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 428,188
  • High Value: 527,199
  • Low Value: 329,177

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $355,900
  • Assessed Land Value: $125,100
  • Assessed Improvements Value: $230,800

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4699
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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2176 ft²

Average Home Age

100.2 years

Currently For Sale

156 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73305384

Frequently Asked Questions

When was property at 242 Upper Road built and last sold?
The property at 242 Upper Road was built in 1932 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 242 Upper Road is $416,556.
What are some comparable homes to 242 Upper Road?
There are currently no comparable homes to 242 Upper Road.
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