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Amherst Center 01002
244 Amity Street
$501,000
● House - Off Market

244 Amity Street

Amherst, MA 01002
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,376 Ft²
$741,979
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Stunning and stately Amherst home on the hill, walking distance to all that Amherst has to offer.  Beautiful wrap around porch, two car garage, elegant entry hall and staircase with a spacious living and dining rooms and hardwood throughout.  First floor also has eat-in kitchen, front parlor and office/bedroom with built in shelving, full bath and laundry area.The second floor features 5 bedrooms and sweet sunroom with views to the west. The third floor has refinished floors and great living area with full bath.  New appliances, new porch roof, chimney recently rebuilt, floors refinished and fresh paint throughout.  Cinema, Library, Dinner, Coffee, UMass & Amherst College - You are in the center of your new life - HOME!
Unit Size
3,376 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$156
Property Type
House
Property Taxes
$855
HOA Dues
-
Year Built
1900

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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 #72634879)

Price History

Date / Event Date Event Price
May 5, 2020 Sold
Premium
Sold
Mar 17, 2020 Listed by 5 College REALTORS® $525,000
Listed by 5 College REALTORS®
Sep 27, 2018 Sold
Premium
Sold
Mar 15, 2018 Listed by 5 College REALTORS® $499,000
Listed by 5 College REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 24,825
  • Total Building Area: 3,376
  • Gross Building Area: 6,453
  • Building Area: 3,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820500

Geography

  • Account Number: 14A000163
  • District: 8
  • Parcel: AMHE M:0014A B:0000 L:0163
  • Lot: 163
  • Municipality: AMHERST
  • Latitude: 42.3749
  • Longitude: -72.5254

    Address

  • Full Address: 244 Amity St
  • Address - House Number: 244
  • Address - Street Name: Amity
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amherst
  • Carrier Code: C018
  • 4-Digit Zip Code: 2280
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,191,100

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 716,804
  • High Value: 848,145
  • Low Value: 585,464

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,500
  • Assessed Land Value: $314,000
  • Assessed Improvements Value: $329,500

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8078
  • Previous Sale Recording Date: Sep 27, 2018
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: O
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 Amherst Center

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$321

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1944 ft²

Average Home Age

82.6 years

Currently For Sale

22 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# 72634879

Frequently Asked Questions

When was property at 244 Amity Street built and last sold?
The property at 244 Amity Street was built in 1900 and last sold on Apr 16, 2020 for $501,000.
How much is this home worth?
The estimated value of the home located at 244 Amity Street is $527,343.
What are some comparable homes to 244 Amity Street?
There are currently no comparable homes to 244 Amity Street.
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