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Hampden 01071
259 General Knox Road
$35,000
● House - Off Market

259 General Knox Road

Russell, MA 01071
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,234 Ft²
$84,216
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Yellow Vinyl Sided Bungalow with 5 Rooms, 3 Bedrooms, and 1 Full Bath. Property's eligible under the Freddie Mac First Look Initiative til 05/29/12. Seller is offering up to $500 to Owner Occupant buyers towards the buyers purchase of a home warranty of buyers choice(Must be in offer). Sold in strictly as-is condition. All offers must have Proof of Funds or Pre-Approval letter with a min deposit of $1k. Property has missing plumbing and open electrical. Failed Title V. Cash or rehab loans only.
Unit Size
1,234 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$32
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1950

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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 #71382380)

Price History

Date / Event Date Event Price
Jun 28, 2017 Sold
Premium
Sold
Nov 14, 2012 Sold
Premium
Sold
May 14, 2012 Listed by Marty's Real Estate $39,000
Listed by Marty's Real Estate
Jun 1, 2005 Sold
Premium
Sold
Mar 26, 2005 Listed by Scoreboard Realty Corporation $169,000
Listed by Scoreboard Realty Corporation
Beautiful views in this mountainous setting, lake less than 1/2 mile, fresh air abounds, boy scout camp nearby , Beautiful rustic

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 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: 87,120
  • Total Building Area: 1,234
  • Gross Building Area: 2,058
  • Building Area: 1,234
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gateway School District
  • Census Tract: 813002

Geography

  • Parcel: RUSS M:0020 B:0003 L:0003
  • Block: 3
  • Lot: 3
  • Municipality: RUSSELL
  • Latitude: 42.1603
  • Longitude: -72.8585

    Address

  • Full Address: 259 General Knox Rd
  • Address - House Number: 259
  • Address - Street Name: General Knox
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Russell
  • Carrier Code: R001
  • 4-Digit Zip Code: 9610
  • Zip Code: 01071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $363,300

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 271,988
  • High Value: 330,575
  • Low Value: 213,401

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,300
  • Assessed Land Value: $101,100
  • Assessed Improvements Value: $94,200

    Sales

  • Current Sale Recording Date: Jun 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36029
  • Previous Sale Recording Date: Nov 14, 2012
  • Previous Sale Amount: $35,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2133 ft²

Average Home Age

77.7 years

Currently For Sale

822 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# 71382380

Frequently Asked Questions

When was property at 259 General Knox Road built and last sold?
The property at 259 General Knox Road was built in 1950 and last sold on Jan 1, 1970 for $159,000.
How much is this home worth?
The estimated value of the home located at 259 General Knox Road is $52,090.
What are some comparable homes to 259 General Knox Road?
There are currently no comparable homes to 259 General Knox Road.
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