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Franklin 01370
256 Skinner Road
$57,000
● Land - Off Market

256 Skinner Road

Shelburne, MA 01370
bedrooms
Studio
bathrooms
0 Bath
$154,585
RealtyHop Estimate
130.72%
Since Jul 1, 2003
National-US
Primary Model

About This Property

VERY ATTRACTVE LOT READY TO BUILD YOUR HOME. SEPTIC AND WELL IN PLACE.  IN AN AREA  OF ATTRACTIVE HOMES AND CONVENIENT TO ROUTE 2 AND I 91 1 CAR GARAGE, PAVED DRIVEWAY AND ELECTRICITY ON THE SITE
Unit Size
-
Days on Market
-
Land Size
1.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
$68
HOA Dues
-
Year Built
2003

Payment Calculator

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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: 6 months ago (MLSPIN #30662342)

Price History

Date / Event Date Event Price
Mar 19, 2004 Sold
Premium
Sold
Jun 5, 2003 Sold
Premium
Sold
Oct 27, 2002 Listed by Mohawk Real Estate $67,000
Listed by Mohawk Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 73,616
  • Total Building Area: 832
  • Gross Building Area: 1,664
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mohawk Trail School District
  • Census Tract: 041502

Zoning

  • Zoning: R1

Geography

  • Account Number: M_103711_929659
  • Parcel: SHEL M:023.D B:0011 L:0000.0
  • Block: 11
  • Municipality: SHELBURNE
  • Latitude: 42.6112
  • Longitude: -72.6735

    Address

  • Full Address: 256 Skinner Rd
  • Address - House Number: 256
  • Address - Street Name: Skinner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shelburne Falls
  • Carrier Code: R001
  • 4-Digit Zip Code: 9526
  • Zip Code: 01370

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $287,100

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 265,370
  • High Value: 304,175
  • Low Value: 226,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,300
  • Assessed Land Value: $71,800
  • Assessed Improvements Value: $138,500

    Sales

  • Current Sale Recording Date: Mar 19, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 05, 2003
  • Previous Sale Amount: $57,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2163 ft²

Average Home Age

92.9 years

Currently For Sale

162 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30662342

Frequently Asked Questions

When was property at 256 Skinner Road built and last sold?
The property at 256 Skinner Road was built in 2003 and last sold on Jan 1, 1970 for $112,910.
How much is this home worth?
The estimated value of the home located at 256 Skinner Road is $67,670.
What are some comparable homes to 256 Skinner Road?
There are currently no comparable homes to 256 Skinner Road.
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