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Franklin
25 Main Street
$185,000
● House - Off Market

25 Main Street

Montague, MA 01351
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,051 Ft²
$411,960
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Five bedroom older home with modern conveniences.  Currently a 2-family, but could be single family or owner occupied with income.  Great Montague Center location in the Historic District, steps from the common.  Borders Conservation land so recreational activities are right out your back door.  Barn/garage.  Minutes to Amherst, Northampton, Greenfield.
Unit Size
2,051 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$97
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #70829955)

Price History

Date / Event Date Event Price
Jun 16, 2009 Sold
Premium
Sold
Oct 3, 2008 Listed by Delap Real Estate LLC $199,900
Listed by Delap Real Estate LLC
Feb 4, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 7
  • Basement Area: 1,110
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,458
  • Total Building Area: 2,328
  • Gross Building Area: 3,763
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000286
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District
  • Census Tract: 040702

Zoning

  • Zoning: RS

Geography

  • Parcel: MONT M:0043 B:0000 L:13
  • Lot: 13
  • Municipality: MONTAGUE
  • Latitude: 42.5356
  • Longitude: -72.5345

    Address

  • Full Address: 25 Main St
  • Address - House Number: 25
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Montague
  • Carrier Code: R011
  • 4-Digit Zip Code: 8901
  • Zip Code: 01351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,900

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 294,677
  • High Value: 337,767
  • Low Value: 251,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $90,400
  • Assessed Improvements Value: $169,600

    Sales

  • Current Sale Recording Date: Feb 04, 2002
  • Current Sale Price:
    Premium
  • Current 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2261 ft²

Average Home Age

99.9 years

Currently For Sale

150 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 years ago
Data Source: MLS PIN, MLS# 70829955

Frequently Asked Questions

When was property at 25 Main Street built and last sold?
The property at 25 Main Street was built in 1890 and last sold on Jan 1, 1970 for $65,000.
How much is this home worth?
The estimated value of the home located at 25 Main Street is $0.
What are some comparable homes to 25 Main Street?
There are currently no comparable homes to 25 Main Street.
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