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Franklin 01360
265 Millers Falls Road
$225,000
● House - Off Market

265 Millers Falls Road

Northfield, MA 01360
bedrooms
6 Beds
bathrooms
2 Baths
square feet
3,760 Ft²
$765,423
RealtyHop Estimate
206.17%
Since Mar 1, 2000
National-US
Primary Model

About This Property

GREENWOOD FARM ESTABLISHED IN 1981 AS COMMERCIAL ORCHARD WITH RETAIL SALES BUILDING, 650 TREES, 2 INCOME PROPERTIES. GREAT INCOME PRODUCER, CIDER, SYRUP, APPLES.
Unit Size
3,760 Ft²
Days on Market
-
Land Size
17.00 acres
Price per sqft
$66
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
-

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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 #30355318)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jul 17, 2021 Listed $495,000
Listed
Feb 29, 2000 Sold
Premium
Sold
Sep 17, 1999 Listed $250,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,280
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 196,456
  • Total Building Area: 3,780
  • Gross Building Area: 7,250
  • Building Area: 3,780
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,780
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • School Tax School District: PIONEER VLY SD
  • Census Tract: 040300

Zoning

  • Zoning: RA

Geography

  • District: 217
  • Parcel: NFLD M:071 B:000A7 L:1
  • Block: A7
  • Lot: 1
  • Municipality: NORTHFIELD
  • Latitude: 42.623
  • Longitude: -72.4688

    Address

  • Full Address: 265 Millers Falls Rd
  • Address - House Number: 265
  • Address - Street Name: Millers Falls
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9613
  • Zip Code: 01360

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $816,300

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 552,637
  • High Value: 680,428
  • Low Value: 424,846

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,100
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $543,100

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11632
  • Previous Sale Recording Date: Feb 29, 2000
  • Previous Sale Amount: $225,000
  • 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

2171 ft²

Average Home Age

99.6 years

Currently For Sale

153 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30355318

Frequently Asked Questions

When was property at 265 Millers Falls Road built and last sold?
The property at 265 Millers Falls Road was built in and last sold on Sep 2, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 265 Millers Falls Road is $0.
What are some comparable homes to 265 Millers Falls Road?
There are currently no comparable homes to 265 Millers Falls Road.
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