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Franklin
27 Merrill Drive
$230,000
● House - Off Market

27 Merrill Drive

Shutesbury, MA 01072
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,130 Ft²
$343,839
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Act quickly and spend this summer at the lake! Year round Contemporary Cape custom built in 2010 at Lake Wyola where a short walk takes you to the private neighborhood beach. Owner planning and attention to detail means you will benefit from the attractive features and low maintenance that give you more time to enjoy  leisure time spent at the beach and on the water.  Whether you plan to make this home, your get-away vacation spot or enjoy full time year round fun at the lake, you have found the perfect home!  Larger lot size gives you a yard and a newly built 2 car garage with matching vinyl siding and garage door opener conveniently located on Lakeview Drive behind the house.
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$208
Property Type
House
Property Taxes
$406
HOA Dues
$13
Year Built
2010

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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: 6 months ago (MLSPIN #72494477)

Price History

Date / Event Date Event Price
Nov 25, 2019 Sold
Premium
Sold
May 6, 2019 Listed by Jones Group REALTORS® $234,900
Listed by Jones Group REALTORS®
Feb 12, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 200
  • 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: 8,000
  • Total Building Area: 1,100
  • Gross Building Area: 2,104
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: LW

Geography

  • Parcel: SHUT M:ZB B:0 L:657
  • Lot: 657
  • Municipality: SHUTESBURY
  • Latitude: 42.5056
  • Longitude: -72.4318

    Address

  • Full Address: 27 Merrill Dr
  • Address - House Number: 27
  • Address - Street Name: Merrill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shutesbury
  • Carrier Code: R015
  • 4-Digit Zip Code: 9778
  • Zip Code: 01072

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,100

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 324,052
  • High Value: 406,796
  • Low Value: 241,307

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $260,300
  • Assessed Land Value: $61,700
  • Assessed Improvements Value: $198,600

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12590
  • Previous Sale Recording Date: Feb 12, 2010
  • Previous Sale Amount: $25,000
  • 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

60

Average Home Size

2142 ft²

Average Home Age

90.8 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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Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72494477

Frequently Asked Questions

When was property at 27 Merrill Drive built and last sold?
The property at 27 Merrill Drive was built in 2010 and last sold on Nov 14, 2019 for $230,000.
How much is this home worth?
The estimated value of the home located at 27 Merrill Drive is $240,353.
What are some comparable homes to 27 Merrill Drive?
There are currently no comparable homes to 27 Merrill Drive.
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