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South Amherst 01002
418 Shays
$440,000
● House - Off Market

418 Shays

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,484 Ft²
$430,824
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Come and take a look at this beautiful ranch located in a highly desirable area 10 minutes from UMASS, ARHS, and other amenities. This property sits on a 1.02 acre lot with ample space for privacy and/or gatherings, entertaining, relaxing. Gorgeous hardwood floors throughout, lots of natural lighting and a ton of storage. Bathtub features big handles for extra support. Spacious basement that opens out to the garage. Newer Samsung washer/dryer. Lawn mower stays with the house. Nice carport with electrical access, and very spacious driveway. The deck overlooks large airy yard. Radon system, full deleading certificate. Offers deadline is 4pm on Monday.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$286
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1957

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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 #72945763)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Feb 24, 2022 Listed by Keller Williams Realty Greater Worcester $425,000
Listed by Keller Williams Realty Greater Worcester
Oct 19, 2021 Sold
Premium
Sold
Aug 17, 2021 Listed by Keller Williams Realty Greater Worcester $419,000
Listed by Keller Williams Realty Greater Worcester
Feb 11, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 44,301
  • Total Building Area: 1,484
  • Gross Building Area: 3,244
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001017
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820801

Geography

  • Account Number: 20D000014
  • District: 8
  • Parcel: AMHE M:0020D B:0000 L:0014
  • Lot: 14
  • Municipality: AMHERST
  • Latitude: 42.342
  • Longitude: -72.506

    Address

  • Full Address: 418 Shays St
  • Address - House Number: 418
  • Address - Street Name: Shays
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amherst
  • Carrier Code: R001
  • 4-Digit Zip Code: 2945
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $827,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 490,326
  • High Value: 592,418
  • Low Value: 388,234

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,000
  • Assessed Land Value: $197,700
  • Assessed Improvements Value: $249,300

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9133
  • Previous Sale Recording Date: Oct 19, 2021
  • Previous Sale Contract Date: Oct 15, 2021
  • Previous Sale Amount: $419,000
  • 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 South Amherst

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$295

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1279 ft²

Average Home Age

58 years

Currently For Sale

11 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# 72945763

Frequently Asked Questions

When was property at 418 Shays Street built and last sold?
The property at 418 Shays Street was built in 1957 and last sold on Apr 29, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 418 Shays Street is $428,438.
What are some comparable homes to 418 Shays Street?
There are currently no comparable homes to 418 Shays Street.
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