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Hampshire 01002
505 Bay Road
Photo of 505 Bay Road
Sold on Mar 27, 2009

1

Map

$296,000
● House - Off Market

505 Bay Road

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,974 Ft²
$655,211
RealtyHop Estimate
111.43%
Since Apr 1, 2009
National-US
Primary Model

About This Property

Owners motivated & offer $5000 towards closing costs.    Move right into this tastefully decorated and renovated home.  Generous sized rooms: LR w/fireplace, dining room with slider to newer deck,updated maple kitchen w/tile backsplash & floor.  The main floor is completed with a master bedroom with ¾ bath, 2 additional bedrooms and a full updated bath. Lower level has a FR w/fireplace & brick wall accent. a study or 4th bedroom with patio door to outside, a ½ bath with laundry & 2 car garage.
Unit Size
1,974 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$157
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70855217)

Price History

Date / Event Date Event Price
Mar 27, 2009 Sold
Premium
Sold
Dec 11, 2008 Listed $309,900
Listed
Jun 20, 1997 Sold
Premium
Sold
Feb 17, 1997 Listed $169,900
Listed

Property Highlights

Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 30,591
  • Total Building Area: 1,449
  • Gross Building Area: 3,173
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAMES GIARD
  • Land Acres: 0000000702
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820801

Geography

  • Account Number: 26D000138
  • District: 8
  • Parcel: AMHE M:0026D B:0000 L:0138
  • Lot: 138
  • Municipality: AMHERST
  • Latitude: 42.318
  • Longitude: -72.5043

    Address

  • Full Address: 505 Bay Rd
  • Address - House Number: 505
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R001
  • 4-Digit Zip Code: 3504
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $789,600

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 510,295
  • High Value: 603,796
  • Low Value: 416,793

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,600
  • Assessed Land Value: $158,700
  • Assessed Improvements Value: $267,900

    Sales

  • Current Sale Recording Date: Mar 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00006276
  • Previous Sale Recording Date: Jun 20, 1997
  • Previous Sale Amount: $107,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$461,250

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2072 ft²

Average Home Age

70.4 years

Currently For Sale

353 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# 70855217

Frequently Asked Questions

When was property at 505 Bay Road built and last sold?
The property at 505 Bay Road was built in 1972 and last sold on Jan 1, 1970 for $296,000.
How much is this home worth?
The estimated value of the home located at 505 Bay Road is $318,294.
What are some comparable homes to 505 Bay Road?
There are currently no comparable homes to 505 Bay Road.
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