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North Amherst 01002
51 Morgan Cir
$440,000
● House - Off Market

51 Morgan Cir

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,725 Ft²
$369,355
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Lovely Cape on a .73 acre lot in a natural setting only minutes to Cushman store, UMass & Amherst Center. Meticulously cared for home with three bedrooms, 1.5 baths and 1725 sq ft of living space.  Living room with fireplace and formal dining room, both with pine floors, a bright & sunny kitchen and a half bath complete the first floor. The second level has three bedrooms, all with beautiful pine floors and full bath. The side entry mudroom with garage access has additional storage.  The finished room in the walk out basement adds to the living space for family room or office, you decide! Charm and location! Come visit, showings begin Saturday 9/17, 12 to 3pm, schedule your appointment.
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$203
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1984

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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 #73036331)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Sep 21, 2022 In contract -
In contract
Sep 14, 2022 Listed by 5 College REALTORS® $350,000
Listed by 5 College REALTORS®
Sep 25, 2019 Sold
Premium
Sold
Jul 9, 2019 Listed by 5 College REALTORS® $319,900
Listed by 5 College REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 31,924
  • Total Building Area: 1,725
  • Gross Building Area: 3,148
  • Building Area: 1,725
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,725
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000733
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820300

Geography

  • Account Number: 7235
  • District: 8
  • Parcel: AMHE M:0005D B:0000 L:0081
  • Lot: 81
  • Municipality: AMHERST
  • Latitude: 42.4106
  • Longitude: -72.5115

    Address

  • Full Address: 51 Morgan Cir
  • Address - House Number: 51
  • Address - Street Name: Morgan
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 1130
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $798,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 479,059
  • High Value: 581,304
  • Low Value: 376,814

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $431,500
  • Assessed Land Value: $160,600
  • Assessed Improvements Value: $270,900

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23939
  • Previous Sale Recording Date: Sep 25, 2019
  • Previous Sale Contract Date: Sep 16, 2019
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: O
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 North Amherst

Stats & Trends

Median Asking:

$594,900

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2294 ft²

Average Home Age

39.7 years

Currently For Sale

3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73036331

Frequently Asked Questions

When was property at 51 Morgan Circle built and last sold?
The property at 51 Morgan Circle was built in 1984 and last sold on Nov 18, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 51 Morgan Circle is $356,070.
What are some comparable homes to 51 Morgan Circle?
There are currently no comparable homes to 51 Morgan Circle.
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