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Athol 01331
289 Lake Ellis Rd
$295,000
● House - Off Market

289 Lake Ellis Rd

Athol, MA 01331
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,358 Ft²
$299,731
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Ranch home located adjacent to Lake Ellis in Athol. This property awaits your fresh ideas and elbow grease. Currently a 2 bedroom, 2 full bath home located on a large lot with access to the lake across the street. Property features a great propane hearth heating unit in the living room. Washer/Dryer located conveniently on the main floor. Screened porch area off of the larger bedroom. Potential to add a master suite exists (buyer and buyer agent to do due diligence with town). Plenty of flower bed space and a large shed to hold your gardening and lawn maintenance tools. Private location, yet close to Athol's latest amenities in the North Quabbin Commons retail area. Waterfront property access located across the street. Make this home your very own piece of art. DO NOT ACCESS PROPERTY WITHOUT AN APPOINTMENT.
Unit Size
1,358 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$213
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #73016004)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by LAER Realty Partners $289,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 468
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 1,358
  • Gross Building Area: 2,296
  • Building Area: 1,358
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,358
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000900
  • 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: 703300

Geography

  • Account Number: 3279
  • Parcel: ATHO M:00035 B:00017 L:00000
  • Block: 17
  • Municipality: ATHOL
  • Latitude: 42.5811
  • Longitude: -72.2076

    Address

  • Full Address: 289 Lake Ellis Rd
  • Address - House Number: 289
  • Address - Street Name: Lake Ellis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Athol
  • Carrier Code: C007
  • 4-Digit Zip Code: 3541
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $329,000

    Appraisal Valuation

  • Standard Deviation: 0.2022
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 296,129
  • High Value: 356,011
  • Low Value: 236,248

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $256,400
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $185,900

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93863
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:

$339,000

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1640 ft²

Average Home Age

87.8 years

Currently For Sale

24 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 months ago
Data Source: MLS PIN, MLS# 73016004

Frequently Asked Questions

When was property at 289 Lake Ellis Road built and last sold?
The property at 289 Lake Ellis Road was built in 1950 and last sold on Aug 25, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 289 Lake Ellis Road is $294,157.
What are some comparable homes to 289 Lake Ellis Road?
There are currently no comparable homes to 289 Lake Ellis Road.
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