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Hampden
38 Redstone Drive
$654,900
● House - Off Market

38 Redstone Drive

East Longmeadow, MA 01028
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,608 Ft²
$741,673
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Hidden Ponds Estates,  East Longmeadow's newest and most unique subdivision now has home construction.  This land is the site of a former redstone quarry. and has a lot of history and a different look than most subdivisions and contains 2 ponds.  About 140 feet of pond frontage.  This home has an open concept floor plan and an interior custom finish that is used in only our premier homes.  Master bedroom has 2 walk-in closets and master bath has a custom tiled walk-in shower and a soaking tub.  Room on first floor could be used as an office or a fifth bedroom. Rose-Bud Builders has been building homes in East Longmeadow and surrounding towns for over 20 years.  Photos from a similar home.  Completion date around end of September.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$253
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
2020

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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 years ago (MLSPIN #72893615)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 11, 2021 Listed by 5 College REALTORS® Northampton $659,000
Listed by 5 College REALTORS® Northampton

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 35,966
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,610
  • Gross Building Area: 4,776
  • Building Area: 2,610
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,610
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000826
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: East Longmeadow School District
  • School Tax School District: E LONGMEADOW SD
  • Census Tract: 813401

Geography

  • Account Number: 7572
  • Parcel: ELON M:0023 B:0077 L:0018
  • Block: 77
  • Lot: 18
  • Municipality: EAST LONGMEADOW
  • Latitude: 42.0803
  • Longitude: -72.512

    Address

  • Full Address: 38 Redstone Dr
  • Address - House Number: 38
  • Address - Street Name: Redstone
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: East Longmeadow
  • Carrier Code: C007
  • 4-Digit Zip Code: 1235
  • Zip Code: 01028

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,177,500

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 650,340
  • High Value: 706,899
  • Low Value: 593,781

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $635,100
  • Assessed Land Value: $147,100
  • Assessed Improvements Value: $488,000
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

2079 ft²

Average Home Age

79.9 years

Currently For Sale

867 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 years ago
Data Source: MLS PIN, MLS# 72893615

Frequently Asked Questions

When was property at 38 Redstone Drive built and last sold?
The property at 38 Redstone Drive was built in 2020 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 38 Redstone Drive is $0.
What are some comparable homes to 38 Redstone Drive?
There are currently no comparable homes to 38 Redstone Drive.
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