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Hampshire
3 River Dr
$269,000
● House - Off Market

3 River Dr

Hadley, MA 01035
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$443,789
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

JUMP ON IT before it's gone! Highly-requested Hadley location with sidewalk access to the bike path, elementary school, library, and great restaurants. Malls and the highway are just minutes away as well. Patiently awaiting your personalized decorating touches, you've got great bones and layout to start with, including a double-sided fireplace, all appliances, main level laundry, plus expansion opportunity in lower level. Lovely corner lot with large side yard, privacy hedge and blueberry bushes. Easy one-floor living, 2 car garage, plus LOW Hadley taxes!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$179
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1974

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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 #71857264)

Price History

Date / Event Date Event Price
Jul 30, 2015 Sold
Premium
Sold
Jun 15, 2015 Listed by Barbara Demerski Real Estate $249,900
Listed by Barbara Demerski Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 20,002
  • Total Building Area: 1,400
  • Gross Building Area: 3,188
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hadley School District
  • School Tax School District: HADLEY SD
  • Census Tract: 821400

Zoning

  • Zoning: AR

Geography

  • Parcel: HADL M:0005C B:0017 L:0003
  • Block: 17
  • Lot: 3
  • Municipality: HADLEY
  • Latitude: 42.3504
  • Longitude: -72.5893

    Address

  • Full Address: 3 River Dr
  • Address - House Number: 3
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hadley
  • Carrier Code: R012
  • 4-Digit Zip Code: 9531
  • Zip Code: 01035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,300

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 440,278
  • High Value: 522,461
  • Low Value: 358,095

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $337,400
  • Assessed Land Value: $113,200
  • Assessed Improvements Value: $224,200

    Sales

  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14149
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Amount: $269,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71857264

Frequently Asked Questions

When was property at 3 River Drive built and last sold?
The property at 3 River Drive was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 River Drive is $263,450.
What are some comparable homes to 3 River Drive?
There are currently no comparable homes to 3 River Drive.
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