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Hampshire 01007
511 Allen Road
$185,500
● House - Off Market

511 Allen Road

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$290,844
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Centrally located 3 bedroom ranch is close to Amherst and the center of Belchertown. With many updates throughout this ranch you can just move in and put your personal touch inside. The kitchen has been redone with granite countertops, new cabinets, stainless steel appliances and a fashionable new floor. All the bedrooms feature new carpet and plenty of storage. The 6 skylight bring in an abundance of natural light. A wood deck looks over the backyard which is perfect from grilling and entertaining. There is a PVTA bus stop within walking distance to get you to UMASS.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$170
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1970

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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 #72131791)

Price History

Date / Event Date Event Price
May 15, 2017 Sold
Premium
Sold
Mar 16, 2017 Listed by RE/MAX Swift River Valley $180,000
Listed by RE/MAX Swift River Valley
Nov 17, 2015 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,056
  • Gross Building Area: 2,720
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELCHERTOWN
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820207

Geography

  • District: 24
  • Parcel: BELC M:107 L:52
  • Lot: 52
  • Municipality: BELCHERTOWN
  • Latitude: 42.301
  • Longitude: -72.4194

    Address

  • Full Address: 511 Allen Rd
  • Address - House Number: 511
  • Address - Street Name: Allen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 9161
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $391,600

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 317,039
  • High Value: 383,861
  • Low Value: 250,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $255,600
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $195,000

    Sales

  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9114
  • Previous Sale Recording Date: Nov 17, 2015
  • Previous Sale Amount: $146,000
  • 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:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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: 4 months ago
Data Source: MLS PIN, MLS# 72131791

Frequently Asked Questions

When was property at 511 Allen Road built and last sold?
The property at 511 Allen Road was built in 1970 and last sold on Jan 1, 1970 for $185,500.
How much is this home worth?
The estimated value of the home located at 511 Allen Road is $189,627.
What are some comparable homes to 511 Allen Road?
There are currently no comparable homes to 511 Allen Road.
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