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Franklin
50 Montague Rd
$260,000
● House - Off Market

50 Montague Rd

Leverett, MA 01054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$291,012
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Don't miss out on this home in Leverett! This 3 Bedroom, 1 Bath colonial has an oversized 2-car garage and a large and beautiful 1.9 acre lot, surrounded by over 2,000 acres of forest. The home boasts hardwood and wide pine floors, an open concept kitchen/dining area, and a spacious living room with wood stove. Bring your ideas! Convenient location- walking distance to Leverett Pond, Leverett Elementary School and Leverett Library. Easy commuter location for Amherst, Northampton, and Greenfield, Schedule your showing today!
Unit Size
1,260 Ft²
Days on Market
-
Land Size
1.90 acres
Price per sqft
$218
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1860

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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: 6 months ago (MLSPIN #73046058)

Price History

Date / Event Date Event Price
Jan 10, 2023 Sold
Premium
Sold
Nov 29, 2022 In contract -
In contract
Nov 23, 2022 Price Decreased $274,900
↓ $15K (5.2%)
Price Decreased
Nov 21, 2022 Price Decreased $289,900
↓ $10K (3.3%)
Price Decreased
Nov 10, 2022 Price Increased $299,900
↑ $25K (9.1%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,781
  • Total Building Area: 1,260
  • Gross Building Area: 2,682
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001900
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leverett School District
  • Census Tract: 040600

Geography

  • Account Number: Jan 01, 1970
  • Parcel: LEVE M:0005 B:0000 L:0096
  • Lot: 96
  • Municipality: LEVERETT
  • Latitude: 42.4589
  • Longitude: -72.4998

    Address

  • Full Address: 50 Montague Rd
  • Address - House Number: 50
  • Address - Street Name: Montague
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: H061
  • 4-Digit Zip Code: 9742
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $398,800

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 315,196
  • High Value: 361,287
  • Low Value: 269,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $253,700
  • Assessed Land Value: $77,100
  • Assessed Improvements Value: $176,600

    Sales

  • Current Sale Contract Date: Jan 10, 2023
  • Current Sale Recording Date: Jan 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 286
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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2110 ft²

Average Home Age

91.2 years

Currently For Sale

154 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: 6 months ago
Data Source: MLS PIN, MLS# 73046058

Frequently Asked Questions

When was property at 50 Montague Road built and last sold?
The property at 50 Montague Road was built in 1860 and last sold on Jan 10, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 50 Montague Road is $278,371.
What are some comparable homes to 50 Montague Road?
There are currently no comparable homes to 50 Montague Road.
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