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Hampden
348 Alden St
$250,000
● House - Off Market

348 Alden St

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,770 Ft²
$264,546
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

You'll want to see this 3 bedroom colonial before it's gone. A little bit of work will make this a perfect home for a growing family.  An attached 2 car garage, detached garage/storage, large level lot (1.63 acres), new oil tank, roof and gutters replaced within past 5 years gets you on your way to an ideal home.
Unit Size
1,770 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$141
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1950

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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 #73064629)

Price History

Date / Event Date Event Price
Jan 19, 2023 Sold
Premium
Sold
Dec 25, 2022 In contract -
In contract
Dec 22, 2022 Listed by Gallagher Real Estate $249,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 71,003
  • Total Building Area: 1,770
  • Gross Building Area: 3,355
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001630
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810414

Zoning

  • Zoning: AG

Geography

  • Account Number: 106
  • District: 161
  • Parcel: LUDL M:40 B:250 P:58
  • Block: 250
  • Municipality: LUDLOW
  • Latitude: 42.1943
  • Longitude: -72.4053

    Address

  • Full Address: 348 Alden St
  • Address - House Number: 348
  • Address - Street Name: Alden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C015
  • 4-Digit Zip Code: 1611
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,500

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 312,991
  • High Value: 378,713
  • Low Value: 247,270

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $250,700
  • Assessed Land Value: $94,400
  • Assessed Improvements Value: $156,300

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3116
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 Hampden

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

55

Average Home Size

2106 ft²

Average Home Age

79.9 years

Currently For Sale

856 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: 5 months ago
Data Source: MLS PIN, MLS# 73064629

Frequently Asked Questions

When was property at 348 Alden Street built and last sold?
The property at 348 Alden Street was built in 1950 and last sold on Jan 12, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 348 Alden Street is $261,114.
What are some comparable homes to 348 Alden Street?
There are currently no comparable homes to 348 Alden Street.
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