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Franklin
32 Merrill Drive
$245,000
● House - Off Market

32 Merrill Drive

Shutesbury, MA 01072
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,189 Ft²
$264,409
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Turn key ranch with lovely water views of Lake Wyola and a quick walk to the association beach. Cathedral ceilings make this bright and sunny home feel even larger. A spacious eat in kitchen is open to the living room with a glass slider that leads out to the deck facing the beautiful lake. The master bedroom has an ensuite bath, two additional bedrooms complete the floor plan. New carpeting throughout the home leaves you with nothing left to do but enjoy lakeside living year round!
Unit Size
1,189 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$202
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #72911573)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by ERA M Connie Laplante $240,000
Listed by ERA M Connie Laplante
Jan 10, 2019 Sold
Premium
Sold
Mar 1, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 12,000
  • Total Building Area: 1,189
  • Gross Building Area: 1,757
  • Building Area: 1,189
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,189
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Shutesbury School District
  • Census Tract: 040600

Zoning

  • Zoning: LW

Geography

  • Parcel: SHUT M:ZB B:0 L:649
  • Lot: 649
  • Municipality: SHUTESBURY
  • Latitude: 42.5052
  • Longitude: -72.4317

    Address

  • Full Address: 32 Merrill Dr
  • Address - House Number: 32
  • Address - Street Name: Merrill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Shutesbury
  • Carrier Code: R015
  • 4-Digit Zip Code: 9778
  • Zip Code: 01072

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,600

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 59
  • Final Value: 284,481
  • High Value: 341,954
  • Low Value: 227,007

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $252,700
  • Assessed Land Value: $62,800
  • Assessed Improvements Value: $189,900

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16350
  • Previous Sale Recording Date: Jan 10, 2019
  • Previous Sale Contract Date: Jan 10, 2019
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 55
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

61

Average Home Size

2206 ft²

Average Home Age

95.6 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: 5 years ago
Data Source: MLS PIN, MLS# 72911573

Frequently Asked Questions

When was property at 32 Merrill Drive built and last sold?
The property at 32 Merrill Drive was built in 1950 and last sold on Dec 15, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 32 Merrill Drive is $0.
What are some comparable homes to 32 Merrill Drive?
There are currently no comparable homes to 32 Merrill Drive.
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