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Hampshire 01007
43 Old Bay
$222,800
● House - Off Market

43 Old Bay

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,058 Ft²
$438,659
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Cozy Ranch in a nice country setting. Most updates have already been done! Come relax on the deck or patio overlooking very private back yard with pool & fire pit while enjoying fruit from your very own fruit trees. Over-sized 3-car garage with great work space. Beautiful landscaping all around with flower beds and retaining walls. Don't pass on this little gem!
Unit Size
1,058 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$213
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1978

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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: 5 months ago (MLSPIN #71573835)

Price History

Date / Event Date Event Price
Nov 19, 2013 Sold
Premium
Sold
Aug 23, 2013 Listed by Jones Group REALTORS® $224,900
Listed by Jones Group REALTORS®
Jun 27, 2001 Sold
Premium
Sold
Sep 2, 2000 Listed by Jones Group REALTORS® $139,900
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 960
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 960
  • Gross Building Area: 3,011
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820207

Zoning

  • Zoning: A4

Geography

  • District: 24
  • Parcel: BELC M:229 L:10
  • Lot: 10
  • Municipality: BELCHERTOWN
  • Latitude: 42.3025
  • Longitude: -72.4461

    Address

  • Full Address: 43 Old Bay Rd
  • Address - House Number: 43
  • Address - Street Name: Old Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 9709
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $483,200

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 389,986
  • High Value: 467,650
  • Low Value: 312,322

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,400
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $245,200

    Sales

  • Current Sale Recording Date: Nov 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Jun 27, 2001
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: 27
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:

$463,750

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2074 ft²

Average Home Age

68.9 years

Currently For Sale

373 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# 71573835

Frequently Asked Questions

When was property at 43 Old Bay Road built and last sold?
The property at 43 Old Bay Road was built in 1978 and last sold on Jan 1, 1970 for $222,800.
How much is this home worth?
The estimated value of the home located at 43 Old Bay Road is $229,028.
What are some comparable homes to 43 Old Bay Road?
There are currently no comparable homes to 43 Old Bay Road.
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