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Hampshire 01002
338 Daniel Shays Hwy
Photo of 338 Daniel Shays Hwy
Sold on Apr 7, 2025

42

Map

Photo of 338 Daniel Shays Hwy
Photo of 338 Daniel Shays Hwy
$515,000
● House - Off Market

338 Daniel Shays Hwy

Pelham, MA 01002
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,095 Ft²
$3,087
Est. Monthly
3.41%
Cap Rate

About This Property

New to the market is this picturesque property on almost 5 acres of land. It has been tastefully updated throughout. Located just a few minutes from downtown Amherst. You get rural living plus convenience of downtown areas and highway access. The home offers a 2 car garage with openers, pellet stove that will heat the entire home, beautiful oak plank flooring in the living room, a deck to sit out and watch the wildlife and many more great features!
Unit Size
2,095 Ft²
Days on Market
-
Land Size
4.61 acres
Price per sqft
$251
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1933

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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: 5 months ago (MLSPIN #73338388)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Mar 11, 2025 In contract -
In contract
Feb 25, 2025 Listed $524,999
Listed
Jun 19, 2019 Sold
Premium
Sold
Jun 24, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 14
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 200,812
  • Total Building Area: 2,095
  • Gross Building Area: 2,469
  • Building Area: 2,095
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 2,095
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004610
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM SD
  • Census Tract: 820205

Geography

  • Parcel: PELH M:015 B:00000 L:00230
  • Lot: 230
  • Municipality: PELHAM
  • Latitude: 42.3898
  • Longitude: -72.4037

    Address

  • Full Address: 338 Daniel Shays Hwy
  • Address - House Number: 338
  • Address - Street Name: Daniel Shays
  • Address - Suffix Type: Hwy
  • State: MA
  • City Name: Pelham
  • Carrier Code: R008
  • 4-Digit Zip Code: 9728
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $643,000

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 431,318
  • High Value: 513,691
  • Low Value: 348,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,000
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
  • Current Sale Input Document Number: 10199
  • Previous Sale Recording Date: Jun 24, 2016
  • Previous Sale Amount: $265,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2094 ft²

Average Home Age

70.9 years

Currently For Sale

362 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 months ago
Data Source: MLS PIN, MLS# 73338388

Frequently Asked Questions

When was property at 338 Daniel Shays Highway built and last sold?
The property at 338 Daniel Shays Highway was built in 1933 and last sold on Jun 19, 2019 for $1,200.
How much is this home worth?
The estimated value of the home located at 338 Daniel Shays Highway is $514,451.
What are some comparable homes to 338 Daniel Shays Highway?
There are currently no comparable homes to 338 Daniel Shays Highway.
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