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Amherst Center 01002
38 Maplewood Drive
$356,000
● House - Off Market

38 Maplewood Drive

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,491 Ft²
$700,741
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Located on a quiet side street within walking distance of UMass is this private Contemporary home where simple lines & creative spaces abound. Zoned RN with a 2-family status, this unique property on a double lot boasts a separate studio-perfect as a rental unit with bath and kitchen (previously rented for $650/Mo.), home office, or 5th bedroom.  The space is divided between 1731 square feet on the ground level and 760 square feet in a finished walk-out basement. The unfinished part of basement is set up as a shop. The finished basement area contains a family room, fireplace, full bath, large bedroom, and extensive windows. Also includes a large deck easily accessible from both upstairs and downstairs, great for entertaining.
Unit Size
2,491 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$151
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1966

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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 #71537798)

Price History

Date / Event Date Event Price
Apr 17, 2018 Sold
Premium
Sold
May 15, 2014 Sold
Premium
Sold
Jun 6, 2013 Listed by Jones Group REALTORS® $374,900
Listed by Jones Group REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 20,208
  • Total Building Area: 1,731
  • Gross Building Area: 3,640
  • Building Area: 1,731
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,731
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000464
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820500

Geography

  • Account Number: 11B000113
  • District: 8
  • Parcel: AMHE M:0011B B:0000 L:0113
  • Lot: 113
  • Municipality: AMHERST
  • Latitude: 42.3861
  • Longitude: -72.5065

    Address

  • Full Address: 38 Maplewood Dr
  • Address - House Number: 38
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Amherst
  • Carrier Code: C005
  • 4-Digit Zip Code: 1843
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $955,100

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 586,295
  • High Value: 692,904
  • Low Value: 479,686

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,000
  • Assessed Land Value: $194,300
  • Assessed Improvements Value: $321,700

    Sales

  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6758
  • Previous Sale Recording Date: May 15, 2014
  • Previous Sale Amount: $336,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Amherst Center

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1894 ft²

Average Home Age

76.5 years

Currently For Sale

23 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# 71537798

Frequently Asked Questions

When was property at 38 Maplewood Drive built and last sold?
The property at 38 Maplewood Drive was built in 1966 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 38 Maplewood Drive is $395,421.
What are some comparable homes to 38 Maplewood Drive?
There are currently no comparable homes to 38 Maplewood Drive.
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