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Franklin
26 Hillside Road
$125,000
● Land - Off Market

26 Hillside Road

Montague, MA 01351
bedrooms
Studio
bathrooms
0 Bath
$148,730
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Explore the possibilities this property has to offer.  1.16 acres with a 2 story, 2,000 square foot building and an open 6 bay garage.  The building is heated and has water and electricity.  The first floor consists of three garage bays opening to the parking area and a large open office space.  The second floor has 2 garage bays opening to the street and a wide open space with oak flooring and wood panelling.  The building went through a nice renovation from 2004-2006, with vinyl siding added, and windows and roof replaced.   The 6 bay garage is open at the front and is tall enough to house large vehicles.  It is currently being used for off season boat storage.  Check this property and its possibilities out to see what opportunity it opens up for you!
Unit Size
-
Days on Market
-
Land Size
1.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$148
HOA Dues
-
Year Built
1952

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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 #72913423)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by Coldwell Banker Community REALTORS® $135,000
Listed by Coldwell Banker Community REALTORS®
Aug 15, 2008 Sold
Premium
Sold
Jun 24, 1987 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 0
  • Gross Building Area: 4,486
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001160
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Parcel: MONT M:0021 B:0000 L:12
  • Lot: 12
  • Municipality: MONTAGUE
  • Latitude: 42.5818
  • Longitude: -72.5422

    Address

  • Full Address: 26 Hillside Rd
  • Address - House Number: 26
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Montague
  • Zip Code: 01351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $162,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,600
  • Assessed Land Value: $67,900
  • Assessed Improvements Value: $35,700

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15996
  • Previous Sale Recording Date: Aug 15, 2008
  • Previous Sale Amount: $60,000
  • 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

59

Average Home Size

2189 ft²

Average Home Age

99.6 years

Currently For Sale

152 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# 72913423

Frequently Asked Questions

When was property at 26 Hillside Road built and last sold?
The property at 26 Hillside Road was built in 1952 and last sold on Dec 6, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 26 Hillside Road is $136,350.
What are some comparable homes to 26 Hillside Road?
There are currently no comparable homes to 26 Hillside Road.
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