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North Amherst 01002
431 Pine Street
$300,000
● House - Off Market

431 Pine Street

Amherst, MA 01002
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,227 Ft²
$1,745
Est. Monthly

About This Property

Unusual offering in Amherst - a home that has been in the same family for generations.   Solidly built  in 1949 with redwood siding but in need of updates.  Home has potential and is located on 3/4+ acre lot close to both UMass and Cushman Market.   Large living room with fireplace, kitchen/dining rooms open with solid original knotty pine cabinetry, two spacious bedrooms and a full bath. Back covered porch is a bonus.  Terraced yard is the landscaper's delight.  Stone walls, wishing well, playhouse/shed, outdoor fireplace and landscaping are charming and of another era. Two car detached garage as well as one under the house.   Bring your imagination and bring this home back to its original splendor.  All offers must be for home in "as is" condition.
Unit Size
1,227 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$219
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1949

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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 #73167323)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Premium
Sold
Oct 13, 2023 In contract -
In contract
Oct 5, 2023 Listed by William Raveis R.E. & Home Services $269,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 35,120
  • Total Building Area: 1,227
  • Gross Building Area: 2,686
  • Building Area: 1,227
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,227
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000806
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 5B000079
  • District: 8
  • Parcel: AMHE M:0005B B:0000 L:0079
  • Lot: 79
  • Municipality: AMHERST
  • Latitude: 42.4128
  • Longitude: -72.5114

    Address

  • Full Address: 431 Pine St
  • Address - House Number: 431
  • 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: $528,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 329,192
  • High Value: 401,050
  • Low Value: 257,335

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $285,300
  • Assessed Land Value: $152,200
  • Assessed Improvements Value: $133,100

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19366
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:

$594,900

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2294 ft²

Average Home Age

39.7 years

Currently For Sale

3 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# 73167323

Frequently Asked Questions

When was property at 431 Pine Street built and last sold?
The property at 431 Pine Street was built in 1949 and last sold on Nov 28, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 431 Pine Street is $274,746.
What are some comparable homes to 431 Pine Street?
There are currently no comparable homes to 431 Pine Street.
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