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Hampden
44 Richmond Rd
$227,000
● House - Off Market

44 Richmond Rd

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$336,726
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Immaculate ranch in a lovely neighborhood!! This home boasts gleaming hardwood floors, large bedrooms with lots of storage space. A wood burning fireplace with built ins on either side adds character to the spacious living room. Tons of natural light comes through the picture window in the living room. Downstairs is partially finished for added space with a bar and loads of storage. Relax on the patio and enjoy the spacious level backyard. A full staircase leads to the attic where someone with a vision could add on a second floor. Other great features include a new roof put on in 2011 and new windows in the garage and basement in 2015 (apo).  Minutes from the Mass Pike, shopping and Randall's Farm, this location is second to none. You must schedule your showing now!
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$187
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1957

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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 #72553977)

Price History

Date / Event Date Event Price
Oct 9, 2019 Sold
Premium
Sold
Aug 22, 2019 Listed by Coldwell Banker Residential Brokerage - Chicopee $229,900
Listed by Coldwell Banker Residential Brokerage - Chicopee
Jul 14, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,232
  • Gross Building Area: 2,819
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810412

Zoning

  • Zoning: RES A

Geography

  • Account Number: 7086
  • District: 161
  • Parcel: LUDL M:17D B:12700 P:65
  • Block: 12700
  • Municipality: LUDLOW
  • Latitude: 42.1853
  • Longitude: -72.4635

    Address

  • Full Address: 44 Richmond Rd
  • Address - House Number: 44
  • Address - Street Name: Richmond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C010
  • 4-Digit Zip Code: 1436
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 317,092
  • High Value: 380,885
  • Low Value: 253,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $279,000
  • Assessed Land Value: $108,400
  • Assessed Improvements Value: $170,600

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 58773
  • Previous Sale Recording Date: Jul 14, 1994
  • Previous Sale Amount: $112,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2133 ft²

Average Home Age

77.7 years

Currently For Sale

822 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 months ago
Data Source: MLS PIN, MLS# 72553977

Frequently Asked Questions

When was property at 44 Richmond Road built and last sold?
The property at 44 Richmond Road was built in 1957 and last sold on Oct 4, 2019 for $228,000.
How much is this home worth?
The estimated value of the home located at 44 Richmond Road is $235,846.
What are some comparable homes to 44 Richmond Road?
There are currently no comparable homes to 44 Richmond Road.
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