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Hampshire
5 River Drive
Photo of 5 River Drive
Sold on Jul 29, 2008

1

Map

$241,000
● House - Off Market

5 River Drive

Hadley, MA 01035
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,328 Ft²
$470,884
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

This nice 3 bedroom Ranch is sitting on a large lot in a location that is within walking or biking distance to schools, the Rail Trail, the Connecticut River Walkway, center of town and The Donut Man! You will find this home to be spacious with 3 bedrooms, 1.5 updated baths and a 2 car attached garage.  There are Hardwood floors throughout & the basement is partially finished with tiled floors and paneled walls. This home also offers a central vac system. A great home at a price!
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$188
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1952

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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 #70748292)

Price History

Date / Event Date Event Price
Jul 29, 2008 Sold
Premium
Sold
Apr 22, 2008 Listed $249,000
Listed
Aug 13, 2004 Sold
Premium
Sold
May 6, 2004 Listed $279,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1975
  • Building Count: 1
  • 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: 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: 19,602
  • Total Building Area: 1,328
  • Gross Building Area: 3,240
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hadley School District
  • School Tax School District: HADLEY SD
  • Census Tract: 821400

Zoning

  • Zoning: AR

Geography

  • Parcel: HADL M:0005E B:0018 L:0000
  • Block: 18
  • Municipality: HADLEY
  • Latitude: 42.3508
  • Longitude: -72.5889

    Address

  • Full Address: 5 River Dr
  • Address - House Number: 5
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hadley
  • Carrier Code: R012
  • 4-Digit Zip Code: 9531
  • Zip Code: 01035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $350,400

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 410,730
  • High Value: 487,398
  • Low Value: 334,063

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $307,600
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $195,100

    Sales

  • Current Sale Recording Date: Jul 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00016691
  • Previous Sale Recording Date: Aug 13, 2004
  • Previous Sale Amount: $277,500
  • 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:

$461,250

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

70.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70748292

Frequently Asked Questions

When was property at 5 River Drive built and last sold?
The property at 5 River Drive was built in 1952 and last sold on Jan 1, 1970 for $241,000.
How much is this home worth?
The estimated value of the home located at 5 River Drive is $260,482.
What are some comparable homes to 5 River Drive?
There are currently no comparable homes to 5 River Drive.
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