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Franklin
4 Avery Hill Rd
$240,000
● House - Off Market

4 Avery Hill Rd

Colrain, MA 01340
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$1,502
Est. Monthly

About This Property

A wonderful opportunity to own in the beautiful & peaceful Colrain countryside! This solid 3 bedroom, 2 bath manufactured ranch home has had recent updates such as a newer roof, carpeting, & quality laminate flooring throughout.  A pleasing layout includes a central living room with vaulted ceilings, cozy eat-in kitchen, 1st floor laundry, primary bedroom with full bath, and 2nd & 3rd bedrooms & 2nd bath on the opposite side of the home for privacy. The full basement sports a partially finished room, pellet stove (needs repair), workbench, and is wired for a generator. All of this nestled on 1.5 acres, with an additional .59 acre lot across the street. Quality, comfortable, affordable homes do exist!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
2.09 acres
Price per sqft
$222
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1996

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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: 4 months ago (MLSPIN #73195359)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold
Premium
Sold
Feb 13, 2024 In contract -
In contract
Jan 22, 2024 Listed by 5 College REALTORS® Northampton $239,900
Listed by 5 College REALTORS® Northampton
Jan 22, 2021 Sold
Premium
Sold
Nov 24, 2020 Listed by 5 College REALTORS® Northampton $178,000
Listed by 5 College REALTORS® Northampton
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,080
  • Gross Building Area: 2,238
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mohawk Trail School District
  • Census Tract: 040100

Geography

  • District: 66
  • Parcel: COLR M:4200 B:0018 L:00010
  • Block: 18
  • Lot: 10
  • Municipality: COLRAIN
  • Latitude: 42.697
  • Longitude: -72.6672

    Address

  • Full Address: 4 Avery Hill Rd
  • Address - House Number: 4
  • Address - Street Name: Avery Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Colrain
  • Carrier Code: R001
  • 4-Digit Zip Code: 9785
  • Zip Code: 01340

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $401,000

    Appraisal Valuation

  • Standard Deviation: 0.1124
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 237,757
  • High Value: 264,489
  • Low Value: 211,026

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $211,300
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $173,800

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 799
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: 48
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

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2172 ft²

Average Home Age

99.4 years

Currently For Sale

156 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: 4 months ago
Data Source: MLS PIN, MLS# 73195359

Frequently Asked Questions

When was property at 4 Avery Hill Road built and last sold?
The property at 4 Avery Hill Road was built in 1996 and last sold on Jan 8, 2021 for $183,000.
How much is this home worth?
The estimated value of the home located at 4 Avery Hill Road is $238,276.
What are some comparable homes to 4 Avery Hill Road?
There are currently no comparable homes to 4 Avery Hill Road.
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