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Athol 01331
281 Cottage St
$225,000
● House - Off Market

281 Cottage St

Athol, MA 01331
bedrooms
2 Beds
bathrooms
1 Bath
square feet
605 Ft²
$200,543
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome home to this well cared for Contemporary in Athol. This home was last purchased with a VA loan, and is move in ready. Wood floors cover most of this homes first floor, has an open living room, and an eat in kitchen with pantry. The home has a newer boiler, had the exterior recently repainted, and it only needs the new owners personal touches. A private driveway, the detached two car garage, and the private back yard round out this yard. Relax in the back yard, or on your covered front porch.
Unit Size
605 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$329
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1925

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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 #73098981)

Price History

Date / Event Date Event Price
May 16, 2023 Sold
Premium
Sold
Apr 17, 2023 In contract -
In contract
Apr 14, 2023 Listed by Property Partners Real Estate LLC $199,000
Listed by Property Partners Real Estate LLC
Nov 24, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Property Partners Real Estate LLC $165,900
Listed by Property Partners Real Estate LLC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 4,600
  • Total Building Area: 605
  • Gross Building Area: 1,598
  • Building Area: 605
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 605
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Athol-Royalston School District
  • School Tax School District: ATHOL-ROYALSTN
  • Census Tract: 703100

Geography

  • Account Number: 2068
  • Parcel: ATHO M:00029 B:00084 L:00000
  • Block: 84
  • Municipality: ATHOL
  • Latitude: 42.5895
  • Longitude: -72.2283

    Address

  • Full Address: 281 Cottage St
  • Address - House Number: 281
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Athol
  • Carrier Code: C002
  • 4-Digit Zip Code: 2903
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $214,800

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 207,729
  • High Value: 249,166
  • Low Value: 166,292

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $167,400
  • Assessed Land Value: $44,700
  • Assessed Improvements Value: $122,700

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37377
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 17, 2020
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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 Athol

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1754 ft²

Average Home Age

86.2 years

Currently For Sale

27 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 months ago
Data Source: MLS PIN, MLS# 73098981

Frequently Asked Questions

When was property at 281 Cottage Street built and last sold?
The property at 281 Cottage Street was built in 1925 and last sold on May 15, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 281 Cottage Street is $195,935.
What are some comparable homes to 281 Cottage Street?
There are currently no comparable homes to 281 Cottage Street.
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