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Franklin
343 Locks Pond Rd
Photo of 343 Locks Pond Rd

1

Map

$124,900
● House - Off Market

343 Locks Pond Rd

Shutesbury, MA 01072
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,251 Ft²
$860
Est. Monthly

About This Property

Walk to a private beach on Lake Wyola from this 3 bedroom, 1 bathroom cottage. HANDYMAN'S SPECIAL and PRICED RIGHT!  MOVE IN NOW and restore it at your leisure. Will require lots of energy and it will be well worth it. High ceilings and open floor plan are a plus. This is a must see for someone good with their hands wanting to live by beautiful Lake Wyola in a town with excellent schools. Wood stove included means low energy costs.
Unit Size
1,251 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$100
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1960

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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: 3 months ago (MLSPIN #71100373)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Jul 23, 2021 Listed by R & R Property Solutions $234,900
Listed by R & R Property Solutions
Jul 25, 2012 Sold
Premium
Sold
Jun 18, 2012 Listed by R & R Property Solutions $114,900
Listed by R & R Property Solutions
Aug 19, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 12,632
  • Total Building Area: 1,251
  • Gross Building Area: 1,491
  • Building Area: 1,251
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,251
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREAT PINES
  • Land Acres: 0000000290
  • 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:209
  • Lot: 209
  • Municipality: SHUTESBURY
  • Latitude: 42.4984
  • Longitude: -72.4346

    Address

  • Full Address: 343 Locks Pond Rd
  • Address - House Number: 343
  • Address - Street Name: Locks Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shutesbury
  • Carrier Code: R015
  • 4-Digit Zip Code: 9771
  • Zip Code: 01072

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $486,400

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 323,298
  • High Value: 405,850
  • Low Value: 240,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,800
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $209,800

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12214
  • Previous Sale Recording Date: Jul 25, 2012
  • Previous Sale Amount: $105,000
  • 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

$232

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2166 ft²

Average Home Age

93.4 years

Currently For Sale

160 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: 3 months ago
Data Source: MLS PIN, MLS# 71100373

Frequently Asked Questions

When was property at 343 Locks Pond Road built and last sold?
The property at 343 Locks Pond Road was built in 1960 and last sold on Sep 22, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 343 Locks Pond Road is $236,571.
What are some comparable homes to 343 Locks Pond Road?
There are currently no comparable homes to 343 Locks Pond Road.
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