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Franklin
54 River Street
$164,000
● House - Off Market

54 River Street

Bernardston, MA 01337
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$298,991
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Energy efficient! Solar panels to supplement electric costs, efficient gas propane fired Viesmann boiler, 8K GENERAC generator, dense pack insulation add up to excellent savings. The 3 bedroom home features an open kitchen, dining room, first floor bath, ceiling fans throughout. Great location-easy access to I-91 and route 10.  A qualified buyer may take advantage of a Rural development mortgage.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$130
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
2004

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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: 6 months ago (MLSPIN #71750327)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Dec 30, 2014 Sold
Premium
Sold
Sep 30, 2014 Listed by Cohn & Company $160,000
Listed by Cohn & Company
Dec 3, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 30,056
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • Census Tract: 040200

Zoning

  • Zoning: CV

Geography

  • Parcel: BERN M:0090 B:0007 L:00012
  • Block: 7
  • Lot: 12
  • Municipality: BERNARDSTON
  • Latitude: 42.6673
  • Longitude: -72.5474

    Address

  • Full Address: 54 River St
  • Address - House Number: 54
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Bernardston
  • Carrier Code: R001
  • 4-Digit Zip Code: 9667
  • Zip Code: 01337

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,000

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 325,433
  • High Value: 408,621
  • Low Value: 242,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,900
  • Assessed Land Value: $54,800
  • Assessed Improvements Value: $194,100

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5825
  • Previous Sale Recording Date: Dec 30, 2014
  • Previous Sale Amount: $164,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2125 ft²

Average Home Age

89.9 years

Currently For Sale

153 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: 6 months ago
Data Source: MLS PIN, MLS# 71750327

Frequently Asked Questions

When was property at 54 River Street built and last sold?
The property at 54 River Street was built in 2004 and last sold on Jul 14, 2023 for $286,300.
How much is this home worth?
The estimated value of the home located at 54 River Street is $169,229.
What are some comparable homes to 54 River Street?
There are currently no comparable homes to 54 River Street.
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