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Hampshire 01002
320 Pelham Rd
$380,000
● House - Off Market

320 Pelham Rd

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,447 Ft²
$389,463
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Charming Cape just minutes from Amherst center. This 4 bedroom, 2 bath home sits on a half acre private lot surrounded by trees with 2 decks for entertaining and a large attached garage with storage above. Inviting front porch. Inside you will find a living room with hardwood floors, dining room that steps out to the back deck, kitchen, full bath, and two first floor bedrooms. Upstairs there are 2 large bedrooms and a full bath. The basement has a walk out with plenty of storage, laundry, and work space. Close to town, UMass, colleges, hiking, and area amenities.
Unit Size
1,447 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$266
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1969

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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 #72956779)

Price History

Date / Event Date Event Price
Jun 3, 2022 Sold
Premium
Sold
Mar 23, 2022 Listed by Brick & Mortar $385,000
Listed by Brick & Mortar
Dec 22, 2015 Sold
Premium
Sold
Aug 24, 2015 Listed by Brick & Mortar $274,900
Listed by Brick & Mortar

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 18,731
  • Total Building Area: 1,447
  • Gross Building Area: 4,172
  • Building Area: 1,447
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,447
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820700

Geography

  • Account Number: 15B000084
  • District: 8
  • Parcel: AMHE M:0015B B:0000 L:0084
  • Lot: 84
  • Municipality: AMHERST
  • Latitude: 42.3766
  • Longitude: -72.4801

    Address

  • Full Address: 320 Pelham Rd
  • Address - House Number: 320
  • Address - Street Name: Pelham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R008
  • 4-Digit Zip Code: 1667
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $661,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 433,288
  • High Value: 530,619
  • Low Value: 335,958

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $357,200
  • Assessed Land Value: $176,100
  • Assessed Improvements Value: $181,100

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11610
  • Previous Sale Recording Date: Dec 22, 2015
  • Previous Sale Amount: $262,500
  • 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:

$461,250

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2072 ft²

Average Home Age

70.4 years

Currently For Sale

353 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# 72956779

Frequently Asked Questions

When was property at 320 Pelham Road built and last sold?
The property at 320 Pelham Road was built in 1969 and last sold on May 23, 2022 for $380,000.
How much is this home worth?
The estimated value of the home located at 320 Pelham Road is $385,112.
What are some comparable homes to 320 Pelham Road?
There are currently no comparable homes to 320 Pelham Road.
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