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Franklin
322 Locks Pond Road
$157,000
● House - Off Market

322 Locks Pond Road

Shutesbury, MA 01072
bedrooms
2 Beds
bathrooms
2 Baths
square feet
864 Ft²
$681,373
RealtyHop Estimate
258.62%
Since Nov 1, 1997
National-US
Primary Model

About This Property

MORE THAN PRIVACY THIS IS POSH SECLUSION. THERE ARE FEW PROPERTIES WITH 59 ACRES AND THIS KIND OF QUALITY CONSTRUCTION THIS CLOSE TO AMHERST. BUILT AS A RETREAT WITH A WOOD STOVE, POND, 3-CAR GARAGE AND MODERN APPLIANCES.
Unit Size
864 Ft²
Days on Market
-
Land Size
58.90 acres
Price per sqft
$220
Property Type
House
Property Taxes
$252
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 years ago (MLSPIN #30177049)

Price History

Date / Event Date Event Price
Jul 22, 2003 Sold
Premium
Sold
May 13, 2003 Listed by Associate Realty $249,900
Listed by Associate Realty
Oct 3, 1997 Sold
Premium
Sold
Jul 29, 1997 Listed by Associate Realty $190,000
Listed by Associate Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • 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: 2,565,684
  • Total Building Area: 1,125
  • Gross Building Area: 2,378
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000058900
  • Standard Land Use Code: 1008
  • County Land Use Code: 016

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Parcel: SHUT M:D B:0 L:11
  • Lot: 11
  • Municipality: SHUTESBURY
  • Latitude: 42.4941
  • Longitude: -72.4385

    Address

  • Full Address: 322 Locks Pond Rd
  • Address - House Number: 322
  • Address - Street Name: Locks Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shutesbury
  • Carrier Code: R015
  • 4-Digit Zip Code: 8906
  • Zip Code: 01072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619,300

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 422,372
  • High Value: 528,196
  • Low Value: 316,547

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,448
  • Assessed Land Value: $74,248
  • Assessed Improvements Value: $270,200

    Sales

  • Current Sale Recording Date: Jul 22, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 03, 1997
  • Previous Sale Amount: $157,000
  • 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

$232

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2108 ft²

Average Home Age

90 years

Currently For Sale

157 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 years ago
Data Source: MLS PIN, MLS# 30177049

Frequently Asked Questions

When was property at 322 Locks Pond Road built and last sold?
The property at 322 Locks Pond Road was built in 1985 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 322 Locks Pond Road is $0.
What are some comparable homes to 322 Locks Pond Road?
There are currently no comparable homes to 322 Locks Pond Road.
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