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Hampshire
514 River Rd
$307,500
● House - Off Market

514 River Rd

South Hadley, MA 01075
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,052 Ft²
$551,676
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Life on the river.... It doesn't get any better than this! The essence of peace and tranquility, this beautiful 2000+ sf cottage on the river is located at the very end of (Lower) River Rd. Publicly maintained road with all the benefits of living near town, without the busy traffic.  2 updated baths and upper & lower decks overlooking the river, it's an ideal location for entertaining! Brand new septic system installed less than a year ago, newer roof and endless potential! This home is located above the flood plain and doesn't require flood insurance (apo).
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$158
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1900

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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 #71893464)

Price History

Date / Event Date Event Price
Jun 15, 2016 Sold
Premium
Sold
Aug 23, 2015 Listed by Real Living Realty Professionals, LLC $325,000
Listed by Real Living Realty Professionals, LLC
Oct 13, 1982 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 21,250
  • Total Building Area: 2,052
  • Gross Building Area: 2,584
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000488
  • 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: AGR

Geography

  • District: 275
  • Parcel: SHAD M:0043 B:0019 L:0000
  • Block: 19
  • Municipality: SOUTH HADLEY
  • Latitude: 42.2437
  • Longitude: -72.6192

    Address

  • Full Address: 514 River Rd
  • Address - House Number: 514
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hadley
  • Carrier Code: C017
  • 4-Digit Zip Code: 3305
  • Zip Code: 01075

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $660,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 481,908
  • High Value: 575,090
  • Low Value: 388,725

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $396,500
  • Assessed Land Value: $198,100
  • Assessed Improvements Value: $198,400

    Sales

  • Current Sale Recording Date: Jun 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11367
  • Previous Sale Recording Date: Oct 13, 1982
  • Previous Sale Amount: $9,000
  • 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

$287

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

352 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: 5 months ago
Data Source: MLS PIN, MLS# 71893464

Frequently Asked Questions

When was property at 514 River Road built and last sold?
The property at 514 River Road was built in 1900 and last sold on Jan 1, 1970 for $307,500.
How much is this home worth?
The estimated value of the home located at 514 River Road is $348,157.
What are some comparable homes to 514 River Road?
There are currently no comparable homes to 514 River Road.
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