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Franklin
375 Locks Pond Road
$180,000
● House - Off Market

375 Locks Pond Road

Shutesbury, MA 01072
bedrooms
2 Beds
bathrooms
1 Bath
square feet
912 Ft²
$338,159
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Breathtaking views of Lake Wyola!!!  This adorable 2 story, 2 bedroom, 1 bath all season cottage overlooks beautiful Lake Wyola. The wood stove in the living room is all you need to heat the home.  The french doors in the living room lead out into the enclosed porch.  From there, you can enjoy the fresh air and the beautiful views of the lake on the large deck.  Many improvements including new septic tank, leach field and well (2010), large deck (2011), water heater and toilet (2015), huge 2-story shed (2011) . This large lot is perfect for outdoor gatherings and gardening.  Just minutes to the beach and boat ramp where you can relax or launch your recreational boat.  The association beaches are only for the use of association dues paying residents.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$219
Property Type
House
Property Taxes
$296
HOA Dues
$100
Year Built
1938

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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: 5 months ago (MLSPIN #71994399)

Price History

Date / Event Date Event Price
Jul 22, 2016 Sold
Premium
Sold
Apr 26, 2016 Listed by Urban Properties $199,900
Listed by Urban Properties
Nov 5, 2010 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 13,939
  • Total Building Area: 1,762
  • Gross Building Area: 2,280
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREAT PINES
  • Land Acres: 0000000320
  • 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:138
  • Lot: 138
  • Municipality: SHUTESBURY
  • Latitude: 42.5005
  • Longitude: -72.4359

    Address

  • Full Address: 375 Locks Pond Rd
  • Address - House Number: 375
  • 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: $628,700

    Appraisal Valuation

  • Standard Deviation: 0.2616
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 315,078
  • High Value: 397,506
  • Low Value: 232,650

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $352,600
  • Assessed Land Value: $63,500
  • Assessed Improvements Value: $289,100

    Sales

  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7683
  • Previous Sale Recording Date: Nov 05, 2010
  • Previous Sale Amount: $110,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2265 ft²

Average Home Age

99.7 years

Currently For Sale

148 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: 5 months ago
Data Source: MLS PIN, MLS# 71994399

Frequently Asked Questions

When was property at 375 Locks Pond Road built and last sold?
The property at 375 Locks Pond Road was built in 1938 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 375 Locks Pond Road is $202,769.
What are some comparable homes to 375 Locks Pond Road?
There are currently no comparable homes to 375 Locks Pond Road.
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