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Hampshire 01007
249 Ware Rd
$140,000
● House - Off Market

249 Ware Rd

Belchertown, MA 01007
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,470 Ft²
$246,132
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

One owner for the last 56 years. This home is set back from the road giving yourself some peace and privacy. Easy one floor living and a large master is 2 of the great features of this home. Septic was redone in 2006 for a 3 bedroom system. There are 2 main living areas that give you some space for gatherings. The Atrium off the dinning room is a nice feature for those with a green thumb. The yard features an enclosed porch and above ground pool.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$99
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1959

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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 #71917231)

Price History

Date / Event Date Event Price
Jun 10, 2016 Sold
Premium
Sold
Oct 9, 2015 Listed by RE/MAX Swift River Valley $145,000
Listed by RE/MAX Swift River Valley

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,320
  • Gross Building Area: 1,730
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820205

Zoning

  • Zoning: R4

Geography

  • District: 24
  • Parcel: BELC M:245 L:35
  • Lot: 35
  • Municipality: BELCHERTOWN
  • Latitude: 42.2783
  • Longitude: -72.3719

    Address

  • Full Address: 249 Ware Rd
  • Address - House Number: 249
  • Address - Street Name: Ware
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R008
  • 4-Digit Zip Code: 9312
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $323,700

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 261,256
  • High Value: 319,547
  • Low Value: 202,965

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $211,300
  • Assessed Land Value: $61,300
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Recording Date: Jun 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10933
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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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# 71917231

Frequently Asked Questions

When was property at 249 Ware Road built and last sold?
The property at 249 Ware Road was built in 1959 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 249 Ware Road is $161,519.
What are some comparable homes to 249 Ware Road?
There are currently no comparable homes to 249 Ware Road.
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