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Hampshire 01007
298 Cold Spring Rd
$266,250
● House - Off Market

298 Cold Spring Rd

Belchertown, MA 01007
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,498 Ft²
$512,626
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

This is the home you've been waiting for if you love a big yard. You can have your choice of living on this huge 14 acre parcel or cutting a lot off(already perced). Sitting in an open field this home is ready for some livestock and/or gardens for a nice little farm. There are plenty of trails around this area as well as the Swift River. The yard has a lot of mature fruit trees. The home itself has the comfort of one floor living with some expanded living space in the two finished room in the basement. The kitchen opens up to a sunroom that can double as a dinning room. New stainless steel appliances and a island round out this kitchen. The master bedroom has it's own bath and walkin closet. There are 2 sources of heat a kerosene heater in the basement and electric heat upstairs
Unit Size
1,498 Ft²
Days on Market
-
Land Size
14.00 acres
Price per sqft
$184
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1976

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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 #71709846)

Price History

Date / Event Date Event Price
Oct 15, 2014 Sold
Premium
Sold
Jul 8, 2014 Listed by RE/MAX Swift River Valley $275,000
Listed by RE/MAX Swift River Valley
Aug 16, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 609,840
  • Total Building Area: 1,498
  • Gross Building Area: 3,114
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000014000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820205

Geography

  • District: 24
  • Parcel: BELC M:259 L:28.1
  • Lot: 28.1
  • Municipality: BELCHERTOWN
  • Latitude: 42.2447
  • Longitude: -72.3518

    Address

  • Full Address: 298 Cold Spring Rd
  • Address - House Number: 298
  • Address - Street Name: Cold Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R008
  • 4-Digit Zip Code: 9559
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $707,500

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 500,867
  • High Value: 594,208
  • Low Value: 407,526

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,800
  • Assessed Land Value: $115,600
  • Assessed Improvements Value: $346,200

    Sales

  • Current Sale Recording Date: Oct 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19114
  • Previous Sale Recording Date: Aug 16, 1991
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2082 ft²

Average Home Age

69.8 years

Currently For Sale

352 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# 71709846

Frequently Asked Questions

When was property at 298 Cold Spring Road built and last sold?
The property at 298 Cold Spring Road was built in 1976 and last sold on Jan 1, 1970 for $266,250.
How much is this home worth?
The estimated value of the home located at 298 Cold Spring Road is $291,642.
What are some comparable homes to 298 Cold Spring Road?
There are currently no comparable homes to 298 Cold Spring Road.
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