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Hampden
38 Wood Dr
$300,000
● House - Off Market

38 Wood Dr

Ludlow, MA 01056
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,869 Ft²
$296,592
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome home!  Desirable neighborhood in Ludlow, this large cape has so much to offer.  Hardwood floors thru-out and a TON of closet space.  Large kitchen with cabinets galore, and flows nicely to the dining area and living room. Step thru the sliding glass door on to the partially covered trex deck and watch the sunset.  Start a fire in the fireplace on snowy days and enjoy the great natural light streaming thru the windows.  Two bedrooms on the first floor, full bath with laundry and a large open entryway complete the first floor. Walk out basement has so much potential for additional living space. Large yard with a nice view and one car garage. This home is ready for the next owners to create wonderful memories in and make their own. Call today to schedule your showing.
Unit Size
1,869 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$155
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1962

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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 #72994488)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Neilsen Realty LLC $289,900
Listed by Neilsen Realty LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 15,000
  • Total Building Area: 1,869
  • Gross Building Area: 3,833
  • Building Area: 1,869
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,869
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810412

Zoning

  • Zoning: RES A

Geography

  • Account Number: 8977
  • District: 161
  • Parcel: LUDL M:17D B:18650 P:156
  • Block: 18650
  • Municipality: LUDLOW
  • Latitude: 42.1825
  • Longitude: -72.4657

    Address

  • Full Address: 38 Wood Dr
  • Address - House Number: 38
  • Address - Street Name: Wood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C010
  • 4-Digit Zip Code: 1440
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,800

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 364,587
  • High Value: 430,193
  • Low Value: 298,981

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $307,800
  • Assessed Land Value: $108,400
  • Assessed Improvements Value: $199,400

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46358

    Financing

  • First Mortgage Financing Type: ADJ
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:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2134 ft²

Average Home Age

78.5 years

Currently For Sale

859 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# 72994488

Frequently Asked Questions

When was property at 38 Wood Drive built and last sold?
The property at 38 Wood Drive was built in 1962 and last sold on Jul 29, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 38 Wood Drive is $298,389.
What are some comparable homes to 38 Wood Drive?
There are currently no comparable homes to 38 Wood Drive.
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