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Franklin
332 Long Plain Road
$25,000
● Land - Off Market

332 Long Plain Road

Leverett, MA 01054
bedrooms
Studio
bathrooms
0 Bath
$107,425
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Large lot partially cleared and ready to build - part of small 4 lot development on private road.  Buy all 3 lots and build a community.  Easy drive to UMass and Deerfield.
Unit Size
-
Days on Market
-
Land Size
8.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$131
HOA Dues
-
Year Built
2020

Payment Calculator

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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 #71413631)

Price History

Date / Event Date Event Price
Nov 12, 2021 Sold
Premium
Sold
May 30, 2019 Sold
Premium
Sold
Sep 8, 2018 Listed by Jones Group REALTORS® $399,000
Listed by Jones Group REALTORS®
Dec 28, 2012 Sold
Premium
Sold
Jul 24, 2012 Listed by Jones Group REALTORS® $49,900
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 206,426
  • Total Building Area: 2,270
  • Gross Building Area: 5,784
  • Building Area: 2,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,270
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004739
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 3-0-15B
  • Parcel: LEVE M:0003 B:0000 L:015B
  • Lot: 15B
  • Municipality: LEVERETT
  • Latitude: 42.4745
  • Longitude: -72.5161

    Address

  • Full Address: 332 Long Plain Rd
  • Address - House Number: 332
  • Address - Street Name: Long Plain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: H061
  • 4-Digit Zip Code: 9740
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,021,000

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 589,433
  • High Value: 734,848
  • Low Value: 444,018

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,500
  • Assessed Land Value: $81,100
  • Assessed Improvements Value: $568,400

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5092
  • Previous Sale Recording Date: Dec 28, 2012
  • Previous Sale Amount: $75,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2176 ft²

Average Home Age

100.2 years

Currently For Sale

156 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# 71413631

Frequently Asked Questions

When was property at 332 Long Plain Road built and last sold?
The property at 332 Long Plain Road was built in 2020 and last sold on May 29, 2019 for $70,000.
How much is this home worth?
The estimated value of the home located at 332 Long Plain Road is $380,613.
What are some comparable homes to 332 Long Plain Road?
There are currently no comparable homes to 332 Long Plain Road.
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