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North Amherst 01002
405 Pine Street
$210,000
● House - Off Market

405 Pine Street

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$428,633
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Set back from the street and nestled up on a knoll is this 3 Bedroom 1 ½ Bath Ranch.  This home has an open floor plan and lots of warmth.  New appliances, all new copper pipes, a built-in bookcase and cedar closet are among its features.  There is also an attic that is rough plumbed with electricity waiting to be finished.  The basement is partially finished with a fireplace with a wood stove in it, a workshop and a ½ bath. The 3-season porch is a delight. All the lumber for this home was harvested from the Vermont State forest.  And the exterior sports hand-split cedar shakes. You don't see that much anymore.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$192
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1952

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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 #71761391)

Price History

Date / Event Date Event Price
Jan 5, 2015 Sold
Premium
Sold
Oct 24, 2014 Listed by Jones Group REALTORS® $229,900
Listed by Jones Group REALTORS®

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 26,952
  • Total Building Area: 1,200
  • Gross Building Area: 2,608
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000619
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 5B000077
  • District: 8
  • Parcel: AMHE M:0005B B:0000 L:0077
  • Lot: 77
  • Municipality: AMHERST
  • Latitude: 42.4127
  • Longitude: -72.5125

    Address

  • Full Address: 405 Pine St
  • Address - House Number: 405
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 1134
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,200

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 347,905
  • High Value: 423,981
  • Low Value: 271,828

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,000
  • Assessed Land Value: $151,100
  • Assessed Improvements Value: $149,900

    Sales

  • Current Sale Recording Date: Jan 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141
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 North Amherst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2679 ft²

Average Home Age

15.5 years

Currently For Sale

2 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# 71761391

Frequently Asked Questions

When was property at 405 Pine Street built and last sold?
The property at 405 Pine Street was built in 1952 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 405 Pine Street is $230,977.
What are some comparable homes to 405 Pine Street?
There are currently no comparable homes to 405 Pine Street.
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