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Hampshire 01002
290 Amherst Rd
$485,000
● House - Off Market

290 Amherst Rd

Pelham, MA 01002
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,853 Ft²
$497,144
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Charming antique cape circa 1740 is one of the oldest and historically significant homes in Pelham.  It was built by Captain Thomas Dick, who also built the Pelham town hall, and by 1749 he had received a county license to sell liquor and used the house as a tavern.  New roof(2021), new paint(2021), and new replacement windows (75% done) are just some of the highlights of this beautiful home.  The house has 15 inch pine floorboards, 3 fireplaces (currently a woodstove is being used) and a sunroom with a second woodstove.  Outside the property features 3.5 acres with a vegetable garden plot, perennial gardens, flowering trees, grape arbor and an inground pool.
Unit Size
1,853 Ft²
Days on Market
-
Land Size
3.50 acres
Price per sqft
$269
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
1740

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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: 4 months ago (MLSPIN #73130456)

Price History

Date / Event Date Event Price
Oct 11, 2023 Sold
Premium
Sold
Sep 16, 2023 In contract -
In contract
Jun 28, 2023 Listed by Coldwell Banker Community REALTORS® $499,000
Listed by Coldwell Banker Community REALTORS®
Aug 9, 2021 Sold
Premium
Sold
May 17, 2021 Listed by Coldwell Banker Community REALTORS® $459,000
Listed by Coldwell Banker Community REALTORS®
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1740
  • Effective Year Built: 1740
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 594
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 152,460
  • Total Building Area: 1,853
  • Gross Building Area: 3,073
  • Building Area: 1,853
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,853
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELIZABETH R MCQUILLEN SURV
  • Land Acres: 0000003500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM SD
  • Census Tract: 820205

Geography

  • Parcel: PELH M:015 B:00014 L:00010
  • Block: 14
  • Lot: 10
  • Municipality: PELHAM
  • Latitude: 42.3895
  • Longitude: -72.4229

    Address

  • Full Address: 290 Amherst Rd
  • Address - House Number: 290
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pelham
  • Carrier Code: R008
  • 4-Digit Zip Code: 9752
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $801,200

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 522,851
  • High Value: 618,159
  • Low Value: 427,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,600
  • Assessed Land Value: $146,600
  • Assessed Improvements Value: $302,000

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15959
  • Previous Sale Recording Date: Aug 09, 2021
  • Previous Sale Contract Date: Aug 05, 2021
  • Previous Sale Amount: $450,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2075 ft²

Average Home Age

70.5 years

Currently For Sale

351 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73130456

Frequently Asked Questions

When was property at 290 Amherst Road built and last sold?
The property at 290 Amherst Road was built in 1740 and last sold on Oct 2, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 290 Amherst Road is $504,760.
What are some comparable homes to 290 Amherst Road?
There are currently no comparable homes to 290 Amherst Road.
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