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Franklin
40 Hatchery Rd
$173,000
● House - Off Market

40 Hatchery Rd

Montague, MA 01351
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$261,703
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

White Vinyl sided Cape with 6 Rooms, 3 Bedrooms, and 1.5 Baths featuring a 2 Car Detached Garage. Sold in strictly as-is condition. All offers must have Proof of Funds or Pre-Approval. Cash offers require 10% EMD or $1,000 minimum, whichever is greater and all financed offers require 1% EMD or $1,000 minimum, whichever is greater. Buyer is to verify all info and the use of property. Utilities will not be turned on by the Seller. Utility connection during buyer's inspections are at buyer's expense. Plumbing Damage. Cash or Rehab Loans only.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
1.33 acres
Price per sqft
$114
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1970

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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 #72386810)

Price History

Date / Event Date Event Price
Sep 24, 2018 Sold
Premium
Sold
Aug 31, 2018 Listed by Marty's Real Estate $173,000
Listed by Marty's Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,022
  • Total Building Area: 1,512
  • Gross Building Area: 2,752
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001332
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District
  • Census Tract: 040702

Zoning

  • Zoning: RS

Geography

  • Account Number: 8634
  • Parcel: MONT M:0032 B:0000 L:58
  • Lot: 58
  • Municipality: MONTAGUE
  • Latitude: 42.5649
  • Longitude: -72.5434

    Address

  • Full Address: 40 Hatchery Rd
  • Address - House Number: 40
  • Address - Street Name: Hatchery
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Montague
  • Carrier Code: R011
  • 4-Digit Zip Code: 9516
  • Zip Code: 01351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415,000

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 175,808
  • High Value: 201,516
  • Low Value: 150,099

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,200
  • Assessed Land Value: $89,600
  • Assessed Improvements Value: $175,600

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10163
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: 34
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

2166 ft²

Average Home Age

99.7 years

Currently For Sale

143 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: 4 months ago
Data Source: MLS PIN, MLS# 72386810

Frequently Asked Questions

When was property at 40 Hatchery Road built and last sold?
The property at 40 Hatchery Road was built in 1970 and last sold on Jan 1, 1970 for $173,000.
How much is this home worth?
The estimated value of the home located at 40 Hatchery Road is $183,628.
What are some comparable homes to 40 Hatchery Road?
There are currently no comparable homes to 40 Hatchery Road.
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