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Hampshire 01002
3 King Street
$35,000
● House - Off Market

3 King Street

Pelham, MA 01002
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,600 Ft²
$166,757
RealtyHop Estimate
258.62%
Since Nov 1, 1997
National-US
Primary Model

About This Property

CAPE ON 2 ACRES.  NICE, PRIVATE LOCATION.  HOUSE NEEDS TOTAL RENOVATION.  VERY STURDY ATTACHED GARAGE AND WORKSHOP.  MAKE AN OFFER.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$29
Property Type
House
Property Taxes
$68
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 years ago (MLSPIN #30142941)

Price History

Date / Event Date Event Price
May 15, 2001 Sold
Premium
Sold
Jan 16, 2001 Listed $209,900
Listed
Dec 30, 1998 Sold
Premium
Sold
Sep 25, 1998 Listed $179,900
Listed
Oct 17, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 21
  • 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: 6
  • Basement Area: 964
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,862
  • Total Building Area: 2,074
  • Gross Building Area: 4,400
  • Building Area: 2,074
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,074
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002040
  • 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:022 B:00002 L:00010
  • Block: 2
  • Lot: 10
  • Municipality: PELHAM
  • Latitude: 42.384
  • Longitude: -72.4025

    Address

  • Full Address: 3 King St
  • Address - House Number: 3
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Pelham
  • Carrier Code: R008
  • 4-Digit Zip Code: 9727
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $698,100

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 490,435
  • High Value: 578,987
  • Low Value: 401,883

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,900
  • Assessed Land Value: $139,600
  • Assessed Improvements Value: $251,300

    Sales

  • Current Sale Recording Date: May 15, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Amount: $178,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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 years ago
Data Source: MLS PIN, MLS# 30142941

Frequently Asked Questions

When was property at 3 King Street built and last sold?
The property at 3 King Street was built in 1925 and last sold on Jan 1, 1970 for $209,900.
How much is this home worth?
The estimated value of the home located at 3 King Street is $358,828.
What are some comparable homes to 3 King Street?
There are currently no comparable homes to 3 King Street.
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