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Hampshire 01002
360 Pelham Road
$278,500
● House - Off Market

360 Pelham Road

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,652 Ft²
$473,491
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Gracious, All on one floor, Sits handsomely on its lot.  Close to everything important.  Built in the 1950's, the bath & kitchen have retro features to love and appreciate--all in very good condition.  This is a nicer than most house for the price on 3/4 acre lot with wonderful garden space & a partially fenced yard.  A fireplace in the living room & a small woodstove in the family room/study/home office with an outside entrance/library/music room; a very versatile room--lend additional charm.  Most of the  floors are hardwood.  The front and rear entrances add to the feeling of space and fine living. The present owner has lived in this home with an appreciation for its qualities.  This ranch-style home flows well from one living area to the next.  The "versatile room" has a cathedral ceiling.
Unit Size
1,652 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$169
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #71995376)

Price History

Date / Event Date Event Price
Jul 14, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by Jones Group REALTORS® $279,900
Listed by Jones Group REALTORS®
Oct 15, 1993 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 32,234
  • Total Building Area: 1,652
  • Gross Building Area: 3,458
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820700

Geography

  • Account Number: 15B000016
  • District: 8
  • Parcel: AMHE M:0015B B:0000 L:0016
  • Lot: 16
  • Municipality: AMHERST
  • Latitude: 42.3768
  • Longitude: -72.4784

    Address

  • Full Address: 360 Pelham Rd
  • Address - House Number: 360
  • Address - Street Name: Pelham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R008
  • 4-Digit Zip Code: 1667
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $753,500

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 478,581
  • High Value: 574,283
  • Low Value: 382,879

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $407,100
  • Assessed Land Value: $178,300
  • Assessed Improvements Value: $228,800

    Sales

  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13960
  • Previous Sale Recording Date: Oct 15, 1993
  • Previous Sale Amount: $135,600
  • 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:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71995376

Frequently Asked Questions

When was property at 360 Pelham Road built and last sold?
The property at 360 Pelham Road was built in 1955 and last sold on Jan 1, 1970 for $278,500.
How much is this home worth?
The estimated value of the home located at 360 Pelham Road is $294,097.
What are some comparable homes to 360 Pelham Road?
There are currently no comparable homes to 360 Pelham Road.
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