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Hampden
54 Main St
$125,000
● House - Off Market

54 Main St

Wales, MA 01081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$152,009
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

HISTORIC NEW ENGLAND DIAMOND IN THE ROUGH - Quintessential Character that Brings Back Memories of Yesteryear in this Antique Home Minutes to Brimfield - Updates Include Kitchen with Soapstone Sink that Leads out to the Deck for Entertaining, Upper Level Master Bath With Tiled Shower Stall, and Most of the Windows Throughout -  This Home Still Needs Love to Bring it Back to It's Original Glory - Main Level has Sitting Room with Fireplace and Gorgeous Box Window - Current Living Room Could Potentially be First Floor Master Suite with Full Bath that will Need to be Renovated - Additional Features Include Double Staircases as this was once a Two Family Home, Original Windows, Porch on Front Side with Three Season Entry - Walk Up Attic for Extra Storage - Passing Title V - CASH OR RENOVATION LOAN NECESSARY
Unit Size
1,936 Ft²
Days on Market
-
Land Size
1.95 acres
Price per sqft
$65
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1850

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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 years ago (MLSPIN #72806702)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 31, 2021 Listed by Janice Mitchell R.E., Inc $125,000
Listed by Janice Mitchell R.E., Inc

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 103,237
  • Total Building Area: 1,936
  • Gross Building Area: 3,420
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002370
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Wales School District
  • Census Tract: 813801

Geography

  • Account Number: 14035
  • Parcel: WALE M:1000 B:2210 L:0054-0
  • Block: 2210
  • Lot: 54-0
  • Municipality: WALES
  • Latitude: 42.0726
  • Longitude: -72.2195

    Address

  • Full Address: 54 Main St
  • Address - House Number: 54
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wales
  • Carrier Code: H064
  • 4-Digit Zip Code: 9777
  • Zip Code: 01081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $225,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 190,260
  • High Value: 221,191
  • Low Value: 159,328

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $152,700
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $112,400

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29749
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

2122 ft²

Average Home Age

79 years

Currently For Sale

860 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 years ago
Data Source: MLS PIN, MLS# 72806702

Frequently Asked Questions

When was property at 54 Main Street built and last sold?
The property at 54 Main Street was built in 1850 and last sold on Apr 29, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 54 Main Street is $0.
What are some comparable homes to 54 Main Street?
There are currently no comparable homes to 54 Main Street.
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