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Hampshire 01082
427 Belchertown Road
$70,000
● Mobile Manufactured - Off Market

427 Belchertown Road

Ware, MA 01082
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,380 Ft²
$132,265
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Great home on over eight acres!!! This modified/expanded, brick sided, 3 bedroom mobile home is perfect for all the privacy you could ever ask for. It has been added on to over the years and now boasts over 1350 sq. ft. of living space. Plenty of options here for your use of the land. This property is walking distance to the Quabbin Reservoir. Some elbow grease and TLC is all this home needs. Use it for your home or until you build your dream home farther back on the 8 acre parcel. Choice is  yours. Either way, it's a big WIN WIN for you. Stunning property. All wooded. Super private yet less than 5 minutes to Ware Center.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
8.35 acres
Price per sqft
$94
Property Type
Mobile Manufactured
Property Taxes
$133
HOA Dues
-
Year Built
1965

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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 #73051649)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Oct 25, 2022 Listed by Jones Group REALTORS® $130,000
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 2
  • 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: 363,613
  • Total Building Area: 1,380
  • Gross Building Area: 1,703
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008347
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Ware School District
  • School Tax School District: WARE SD
  • Census Tract: 820101

Zoning

  • Zoning: RR

Geography

  • Account Number: 397
  • Parcel: WARE M:00021 B:00000 L:00015
  • Lot: 15
  • Municipality: WARE
  • Latitude: 42.268
  • Longitude: -72.2965

    Address

  • Full Address: 427 Belchertown Rd
  • Address - House Number: 427
  • Address - Street Name: Belchertown
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ware
  • Carrier Code: R004
  • 4-Digit Zip Code: 9420
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $156,200

    Appraisal Valuation

  • Standard Deviation: 0.0896
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 125,008
  • High Value: 136,220
  • Low Value: 113,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,500
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $33,500

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Apr 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4903
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

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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# 73051649

Frequently Asked Questions

When was property at 427 Belchertown Road built and last sold?
The property at 427 Belchertown Road was built in 1965 and last sold on Mar 27, 2023 for $70,000.
How much is this home worth?
The estimated value of the home located at 427 Belchertown Road is $141,288.
What are some comparable homes to 427 Belchertown Road?
There are currently no comparable homes to 427 Belchertown Road.
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