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Hampshire 01002
40 Flat Hills Rd.
$280,000
● House - Off Market

40 Flat Hills Rd.

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,565 Ft²
$431,524
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Well crafted Cape on scenic Flat Hills Road. Located on 3 acres close to the Robert Frost Trail, minutes to Puffers Pond, UMass and Amherst center.  This fine property offers 4 bedrooms, 2 full baths , one half bath, gleaming hardwood floors and freshly painted on the first level. First floor Master with full bath and walk-in closet.  Second floor offers three bedrooms and another full bath.The finished area in the basement offers additional square footage and a great space for family room with a cozy fireplace. Laundry with half bath. New 200 amp electric panel. The gentle slope of the rear yard and acreage becomes a great play area for all to enjoy!
Unit Size
1,565 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$182
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72374568)

Price History

Date / Event Date Event Price
Oct 31, 2018 Sold
Premium
Sold
Aug 6, 2018 Listed by 5 College REALTORS® $284,900
Listed by 5 College REALTORS®
Jul 15, 1998 Sold
Premium
Sold
Jan 23, 1998 Listed by 5 College REALTORS® $199,500
Listed by 5 College REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 130,680
  • Total Building Area: 1,565
  • Gross Building Area: 2,733
  • Building Area: 1,565
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,565
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820300

Geography

  • Account Number: 9A000004
  • District: 8
  • Parcel: AMHE M:0009A B:0000 L:0004
  • Lot: 4
  • Municipality: AMHERST
  • Latitude: 42.4046
  • Longitude: -72.4966

    Address

  • Full Address: 40 Flat Hills Rd
  • Address - House Number: 40
  • Address - Street Name: Flat Hills
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R006
  • 4-Digit Zip Code: 1212
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 440,404
  • High Value: 525,874
  • Low Value: 354,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $413,400
  • Assessed Land Value: $200,800
  • Assessed Improvements Value: $212,600

    Sales

  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22168
  • Previous Sale Recording Date: Jul 15, 1998
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 27

    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 Hampshire

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2075 ft²

Average Home Age

70.5 years

Currently For Sale

351 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# 72374568

Frequently Asked Questions

When was property at 40 Flat Hills Road built and last sold?
The property at 40 Flat Hills Road was built in 1950 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 40 Flat Hills Road is $291,432.
What are some comparable homes to 40 Flat Hills Road?
There are currently no comparable homes to 40 Flat Hills Road.
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