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Hampshire 01027
44 Pine Island Lake
$245,000
● House - Off Market

44 Pine Island Lake

Westhampton, MA 01027
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
720 Ft²
$592,142
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

GO JUMP IN THE LAKE! or kayak or grab some rays from your own private dock at peaceful Pine Island! Family memories of summer fun will be made here at this cozy retreat that can comfortably sleep 8 in it's current setup. Enjoy the cool evening breezes as you BBQ on the deck or relax on the included patio furniture. Clean up after swimming or hiking at the outdoor shower w/hot & cold water. Extend the season by utilizing the wood stove during chilly spring/fall and revel in the quiet. Ahh!
Unit Size
720 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$382
Property Type
House
Property Taxes
$336
HOA Dues
$200
Year Built
1941

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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 years ago (MLSPIN #71361001)

Price History

Date / Event Date Event Price
Feb 9, 2023 Sold
Premium
Sold
Sep 3, 2020 Sold
Premium
Sold
Aug 4, 2020 Listed by Barbara Demerski Real Estate $259,000
Listed by Barbara Demerski Real Estate
Jun 14, 2012 Sold
Premium
Sold
Apr 2, 2012 Listed by Barbara Demerski Real Estate $275,000
Listed by Barbara Demerski Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,970
  • Total Building Area: 1,080
  • Gross Building Area: 1,716
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKETCH COTTAGE
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westhampton School District
  • Census Tract: 822402

Geography

  • Account Number: 331011F000500000
  • Parcel: WHAM M:011F B:0005 L:00000
  • Block: 5
  • Municipality: WESTHAMPTON
  • Latitude: 42.3384
  • Longitude: -72.7711

    Address

  • Full Address: 44 Pine Island Lk
  • Address - House Number: 44
  • Address - Street Name: Pine Island
  • Address - Suffix Type: Lk
  • State: MA
  • City Name: Easthampton
  • Zip Code: 01027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $552,600

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 327,797
  • High Value: 418,789
  • Low Value: 236,804

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,500
  • Assessed Land Value: $172,300
  • Assessed Improvements Value: $102,200

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1926
  • Previous Sale Recording Date: Sep 03, 2020
  • Previous Sale Contract Date: Sep 02, 2020
  • Previous Sale Amount: $300,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$459,950

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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: 4 years ago
Data Source: MLS PIN, MLS# 71361001

Frequently Asked Questions

When was property at 44 Pine Island Lake Road built and last sold?
The property at 44 Pine Island Lake Road was built in 1941 and last sold on Feb 8, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 44 Pine Island Lake Road is $0.
What are some comparable homes to 44 Pine Island Lake Road?
There are currently no comparable homes to 44 Pine Island Lake Road.
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