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Hampden
54 Grimes Street
$255,000
● House - Off Market

54 Grimes Street

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,719 Ft²
$477,708
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Charming private cape on 14 acres on dead end street. This home offers a first floor bedroom, large sitting spaces, and a sun room to look over the 14 acres and neighboring landscape.  Large garage in addition to the oversize 2 car garage. Home being offered with an additional 14 acre parcel that is located in Chicopee.  Call today for more information.
Unit Size
1,719 Ft²
Days on Market
-
Land Size
15.20 acres
Price per sqft
$156
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1949

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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: 5 months ago (MLSPIN #71849372)

Price History

Date / Event Date Event Price
Oct 28, 2019 Sold
Premium
Sold
Jul 31, 2015 Sold
Premium
Sold
Jun 2, 2015 Listed by Ideal Real Estate Services, Inc. $269,000
Listed by Ideal Real Estate Services, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 60,225
  • Total Building Area: 2,490
  • Gross Building Area: 3,025
  • Building Area: 2,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,490
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001383
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810412

Zoning

  • Zoning: AG

Geography

  • Account Number: 3823
  • District: 161
  • Parcel: LUDL M:1B B:6450 P:14
  • Block: 6450
  • Municipality: LUDLOW
  • Latitude: 42.167
  • Longitude: -72.5171

    Address

  • Full Address: 54 Grimes St
  • Address - House Number: 54
  • Address - Street Name: Grimes
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C006
  • 4-Digit Zip Code: 2118
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $718,000

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 463,671
  • High Value: 554,491
  • Low Value: 372,851

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $396,900
  • Assessed Land Value: $88,700
  • Assessed Improvements Value: $308,200

    Sales

  • Current Sale Contract Date: Oct 11, 2019
  • Current Sale Recording Date: Oct 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62860
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Amount: $255,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2126 ft²

Average Home Age

78.7 years

Currently For Sale

865 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71849372

Frequently Asked Questions

When was property at 54 Grimes Street built and last sold?
The property at 54 Grimes Street was built in 1949 and last sold on Oct 11, 2019 for $1,000.
How much is this home worth?
The estimated value of the home located at 54 Grimes Street is $277,557.
What are some comparable homes to 54 Grimes Street?
There are currently no comparable homes to 54 Grimes Street.
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