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Hampshire
5 Wellesley Cir
$257,500
● House - Off Market

5 Wellesley Cir

South Hadley, MA 01075
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,488 Ft²
$448,925
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Well Addressed! Oversized Ranch nestled on small cu-de-sac in close proximity to Mt. Holyoke College! Eat in kitchen with lots of cabinet space, formal dining room open to fireplaced living room, wall to wall carpeting over hardwood flooring (APO) in living & dining rooms, 3 bedrooms with gleaming hardwood flooring, master bedroom has private 3/4 bath, family room or den off back of garage with door to access huge cement patio overlooking spacious, level backyard abutting the woods, basement offers 18X32 rec room with 2nd fireplace and bar, lot of built in closets in the basement including large cedar closets, updates include newer roof & newer heating system, 2 car attached garage, a little TLC will make this one shine again!  Location, location, location!!!
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$195
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1960

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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 #72254282)

Price History

Date / Event Date Event Price
Mar 12, 2018 Sold
Premium
Sold
Nov 10, 2017 Listed by ERA M Connie Laplante Real Estate $289,900
Listed by ERA M Connie Laplante Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 17,945
  • Total Building Area: 1,488
  • Gross Building Area: 4,002
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000412
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: South Hadley School District
  • School Tax School District: SOUTH HADLEY SD
  • Census Tract: 821300

Zoning

  • Zoning: RA1

Geography

  • District: 275
  • Parcel: SHAD M:0051 B:0005 L:0000
  • Block: 5
  • Municipality: SOUTH HADLEY
  • Latitude: 42.2607
  • Longitude: -72.5655

    Address

  • Full Address: 5 Wellesley Cir
  • Address - House Number: 5
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: South Hadley
  • Carrier Code: C002
  • 4-Digit Zip Code: 1620
  • Zip Code: 01075

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,700

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 413,392
  • High Value: 496,059
  • Low Value: 330,726

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $369,900
  • Assessed Land Value: $144,300
  • Assessed Improvements Value: $225,600

    Sales

  • Current Sale Recording Date: Mar 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 4506
  • Previous Sale Recording Date: Oct 07, 2016
  • 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:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2085 ft²

Average Home Age

69.7 years

Currently For Sale

351 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# 72254282

Frequently Asked Questions

When was property at 5 Wellesley Circle built and last sold?
The property at 5 Wellesley Circle was built in 1960 and last sold on Jan 1, 1970 for $257,500.
How much is this home worth?
The estimated value of the home located at 5 Wellesley Circle is $298,832.
What are some comparable homes to 5 Wellesley Circle?
There are currently no comparable homes to 5 Wellesley Circle.
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