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Hampshire
4 Colony Drive
$959,849
● House - Off Market

4 Colony Drive

Hadley, MA 01035
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,200 Ft²
$1,039,642
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

New Construction in Hadley. This 3200 sq ft home features a 1st floor master bedroom with spacious master bath, downstairs bonus room and large kitchen with a breakfast nook which can be designed to the home buyers liking, pantry space, mudroom/laundry room, floor to ceiling black windows, ship lap surrounding the electric fireplace in the living room, a large front porch, vertical baton board siding, hardwood flooring throughout. The second floor features 3 bedrooms including 1 bedroom suite and a 2nd bathroom with a double vanity and separate bathtub/toliet space. This modern, farmhouse styled home can be built to suit! Option to finish part of the basement! Ready for occupancy January 2023.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$311
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
2022

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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 #73031190)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Aug 31, 2022 Listed by Competitive Real Estate $995,000
Listed by Competitive Real Estate
Aug 29, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by Competitive Real Estate $185,000
Listed by Competitive Real Estate
Mar 26, 2021 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 1
  • 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: 30,004
  • Total Building Area: 2,962
  • Gross Building Area: 5,971
  • Building Area: 2,962
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,962
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hadley School District
  • School Tax School District: HADLEY SD
  • Census Tract: 821400

Zoning

  • Zoning: AR

Geography

  • Account Number: 13-13-1A
  • Parcel: HADL M:0013 B:0013 L:0004
  • Block: 13
  • Lot: 4
  • Municipality: HADLEY
  • Latitude: 42.4221
  • Longitude: -72.5581

    Address

  • Full Address: 4 Colony Rd
  • Address - House Number: 4
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hadley
  • Carrier Code: R012
  • 4-Digit Zip Code: 3563
  • Zip Code: 01035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,078,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $947,100
  • Assessed Land Value: $163,800
  • Assessed Improvements Value: $783,300

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2458
  • Previous Sale Recording Date: Aug 29, 2022
  • Previous Sale Contract Date: Aug 29, 2022
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: O
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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2096 ft²

Average Home Age

72.2 years

Currently For Sale

364 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# 73031190

Frequently Asked Questions

When was property at 4 Colony Drive built and last sold?
The property at 4 Colony Drive was built in 2022 and last sold on Feb 17, 2023 for $959,850.
How much is this home worth?
The estimated value of the home located at 4 Colony Drive is $1,003,477.
What are some comparable homes to 4 Colony Drive?
There are currently no comparable homes to 4 Colony Drive.
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