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Hampden 01085
46 New State Rd
$270,000
● House - Off Market

46 New State Rd

Montgomery, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$277,962
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Price Reduced on this move in ready 2-bedroom home, all on one level of living space. A rare opportunity to find an affordable home in Beautiful Montgomery. This home shines with newer kitchen and bath. The bedrooms have fresh new carpets. A sizeable living room with hardwood floors. Extra rooms for additional storage. The one-acre property has been recently landscaped with an incredibly large yard. The location sits on Bungy Mountain just minutes from Westfield and the Mass Pike.
Unit Size
1,160 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$241
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1940

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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 #73144901)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Sep 9, 2023 In contract -
In contract
Aug 4, 2023 Listed by Hilltown Real Estate by Adams Realty $279,000
Listed by Hilltown Real Estate by Adams Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 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: 43,560
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gateway School District
  • Census Tract: 813002

Geography

  • Parcel: MONT M:2 B:6 L:10
  • Block: 6
  • Lot: 10
  • Municipality: MONTGOMERY
  • Latitude: 42.2299
  • Longitude: -72.8261

    Address

  • Full Address: 46 New State Rd
  • Address - House Number: 46
  • Address - Street Name: New State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Montgomery
  • Carrier Code: R001
  • 4-Digit Zip Code: 9534
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,100

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 217,974
  • High Value: 262,921
  • Low Value: 173,027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,800
  • Assessed Land Value: $65,200
  • Assessed Improvements Value: $71,600

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 51002
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

0.72%

Average Days on Market

54

Average Home Size

2147 ft²

Average Home Age

78.1 years

Currently For Sale

807 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# 73144901

Frequently Asked Questions

When was property at 46 New State Road built and last sold?
The property at 46 New State Road was built in 1940 and last sold on Oct 26, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 46 New State Road is $281,955.
What are some comparable homes to 46 New State Road?
There are currently no comparable homes to 46 New State Road.
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