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Franklin 01342
305 Lower Rd
$172,000
● House - Off Market

305 Lower Rd

Deerfield, MA 01342
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,335 Ft²
$357,068
RealtyHop Estimate
111.28%
Since May 1, 2010
National-US
Primary Model

About This Property

Great value for the first time buyer.... This Lovely cape is price to sell...   3 bedrooms, 1.5 baths ...  Fenced yard, patio and a great location. Easy access to everywhere...come take a look.
Unit Size
1,335 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$127
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1985

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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 #70957616)

Price History

Date / Event Date Event Price
Apr 23, 2010 Sold
Premium
Sold
Aug 6, 2009 Listed by Prudential Sawicki Real Estate $169,000
Listed by Prudential Sawicki Real Estate
Jul 31, 1997 Sold
Premium
Sold
Nov 27, 1996 Listed by Prudential Sawicki Real Estate $129,900
Listed by Prudential Sawicki Real Estate
May 3, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,305
  • Gross Building Area: 2,226
  • Building Area: 1,305
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,305
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Frontier School District
  • Census Tract: 040900

Zoning

  • Zoning: RA

Geography

  • Account Number: 3 0 236
  • Parcel: DEER M:39 L:5
  • Lot: 5
  • Municipality: DEERFIELD
  • Latitude: 42.5558
  • Longitude: -72.6193

    Address

  • Full Address: 305 Lower Rd
  • Address - House Number: 305
  • Address - Street Name: Lower
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Deerfield
  • Carrier Code: R021
  • 4-Digit Zip Code: 9734
  • Zip Code: 01342

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,300

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 343,987
  • High Value: 433,829
  • Low Value: 254,144

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,600
  • Assessed Land Value: $134,100
  • Assessed Improvements Value: $197,500

    Sales

  • Current Sale Recording Date: Apr 23, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00004070
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Amount: $125,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2171 ft²

Average Home Age

100.2 years

Currently For Sale

155 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# 70957616

Frequently Asked Questions

When was property at 305 Lower Road built and last sold?
The property at 305 Lower Road was built in 1985 and last sold on Jan 1, 1970 for $172,000.
How much is this home worth?
The estimated value of the home located at 305 Lower Road is $176,571.
What are some comparable homes to 305 Lower Road?
There are currently no comparable homes to 305 Lower Road.
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