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Franklin
263 Long Plain Road
$135,000
● House - Off Market

263 Long Plain Road

Leverett, MA 01054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$317,061
RealtyHop Estimate
126.63%
Since Sep 1, 2003
National-US
Primary Model

About This Property

HANDYMAN SPECIAL ON 2.8 BEAUTIFUL ACRES. ORIGINALLY THE "HIGHWAY GRILL" IN AMHERST IT WAS MOVED TO ITS PRESENT LOCATION AROUND 1972. 3 BEDROOMS, 2 BATHS, 2 CAR GARAGE, NEW SEPTIC TANK.  PROPERTY SOLD "AS IS".
Unit Size
1,200 Ft²
Days on Market
-
Land Size
2.81 acres
Price per sqft
$117
Property Type
House
Property Taxes
$187
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 years ago (MLSPIN #30679920)

Price History

Date / Event Date Event Price
Jul 31, 2003 Sold
Premium
Sold
Jan 13, 2003 Listed by Jones Group REALTORS® $139,900
Listed by Jones Group REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 8
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 122,726
  • Total Building Area: 2,013
  • Gross Building Area: 3,600
  • Building Area: 2,013
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,013
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002817
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leverett School District
  • Census Tract: 040600

Geography

  • Account Number: Jan 01, 1970
  • Parcel: LEVE M:0005 B:0000 L:0063
  • Lot: 63
  • Municipality: LEVERETT
  • Latitude: 42.4634
  • Longitude: -72.5165

    Address

  • Full Address: 263 Long Plain Rd
  • Address - House Number: 263
  • Address - Street Name: Long Plain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: R003
  • 4-Digit Zip Code: 9508
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,300

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 375,350
  • High Value: 430,237
  • Low Value: 320,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $324,600
  • Assessed Land Value: $74,800
  • Assessed Improvements Value: $249,800

    Sales

  • Current Sale Recording Date: Jul 31, 2003
  • 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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30679920

Frequently Asked Questions

When was property at 263 Long Plain Road built and last sold?
The property at 263 Long Plain Road was built in 1950 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 263 Long Plain Road is $147,961.
What are some comparable homes to 263 Long Plain Road?
There are currently no comparable homes to 263 Long Plain Road.
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