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Franklin
266 Alexander Road
$312,000
● House - Off Market

266 Alexander Road

Leyden, MA 01337
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$317,836
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Quintessential cabin in the woods with private setting and a 2 acre yard, ideal space for: Horseshoes, Corn Hole, Hammock and a Patanque Court (better than Bocce) along with a fire pit to cap off the evenings. The Lincoln Log Home offers kitchen, dining, living, two bedrooms, and bath on the main floor. Master bedroom, bath and two loft rooms on the upper level. While the lower level has two partially finished rooms, utility/work area and an entry/coat room.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
2.76 acres
Price per sqft
$162
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1988

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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: 5 years ago (MLSPIN #72845250)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Jun 8, 2021 Listed by Jones Group REALTORS® $275,000
Listed by Jones Group REALTORS®

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 3
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,204
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 120,269
  • Total Building Area: 1,960
  • Gross Building Area: 3,844
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002761
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • Census Tract: 040200

Zoning

  • Zoning: R1

Geography

  • Account Number: F_349696_3
  • District: 156
  • Parcel: LEYD M:000001 L:0027.I
  • Lot: 27.I
  • Municipality: LEYDEN
  • Latitude: 42.7288
  • Longitude: -72.6406

    Address

  • Full Address: 266 Alexander Rd
  • Address - House Number: 266
  • Address - Street Name: Alexander
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Bernardston
  • Carrier Code: R001
  • 4-Digit Zip Code: 9745
  • Zip Code: 01337

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,100

    Appraisal Valuation

  • Standard Deviation: 0.2616
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 425,704
  • High Value: 545,507
  • Low Value: 305,902

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $336,100
  • Assessed Land Value: $68,200
  • Assessed Improvements Value: $267,900

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9567
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

60

Average Home Size

2176 ft²

Average Home Age

100.2 years

Currently For Sale

156 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: 5 years ago
Data Source: MLS PIN, MLS# 72845250

Frequently Asked Questions

When was property at 266 Alexander Road built and last sold?
The property at 266 Alexander Road was built in 1988 and last sold on Jul 30, 2021 for $312,000.
How much is this home worth?
The estimated value of the home located at 266 Alexander Road is $286,800.
What are some comparable homes to 266 Alexander Road?
There are currently no comparable homes to 266 Alexander Road.
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