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Hampshire 01007
351 Bay Rd
$130,000
● House - Off Market

351 Bay Rd

Belchertown, MA 01007
bedrooms
2 Beds
bathrooms
1 Bath
square feet
802 Ft²
$162,091
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Knock, knock! That is opportunity at the door. This wonderful cottage that is situated in beautiful Belchertown MA within walking distance to Lake Metamocomet is looking for new owners, 2 bedroom 1 full bath cottage with a wood stove and screened in porch convenient to shopping and area amenities, Bring your ideas and updates to make this home, new furnace (2018) , Propane tanks are owned and staying, Passing Title V
Unit Size
802 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$199
Property Type
House
Property Taxes
$192
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 #72950611)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Neilsen Realty LLC $159,900
Listed by Neilsen Realty LLC
Jun 26, 2009 Sold
Premium
Sold
Mar 3, 2009 Listed by Neilsen Realty LLC $129,900
Listed by Neilsen Realty LLC
May 4, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 7
  • Basement Area: 297
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 802
  • Gross Building Area: 1,546
  • Building Area: 802
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 802
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820207

Zoning

  • Zoning: R4

Geography

  • District: 24
  • Parcel: BELC M:105 L:76
  • Lot: 76
  • Municipality: BELCHERTOWN
  • Latitude: 42.301
  • Longitude: -72.4398

    Address

  • Full Address: 351 Bay Rd
  • Address - House Number: 351
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 9701
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $239,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 192,256
  • High Value: 235,251
  • Low Value: 149,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $156,500
  • Assessed Land Value: $60,100
  • Assessed Improvements Value: $96,400

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9052
  • Previous Sale Recording Date: Jun 26, 2009
  • Previous Sale Amount: $124,500
  • 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 Hampshire

Stats & Trends

Median Asking:

$463,750

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2077 ft²

Average Home Age

70 years

Currently For Sale

365 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# 72950611

Frequently Asked Questions

When was property at 351 Bay Road built and last sold?
The property at 351 Bay Road was built in 1950 and last sold on Apr 21, 2022 for $130,000.
How much is this home worth?
The estimated value of the home located at 351 Bay Road is $165,662.
What are some comparable homes to 351 Bay Road?
There are currently no comparable homes to 351 Bay Road.
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