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Hampshire
55 River Rd
$290,000
● House - Off Market

55 River Rd

South Hadley, MA 01075
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$432,076
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Rare lower priced new home in South Hadley!  3 bedroom, 2 and a half bath colonial home with smaller yard  to maintain but has a  huge 10 X 20 deck above and a patio below from the walk out basement for entertaining or just enjoying serenity of natures surroundings.   2000 sq ft open floor plan which includes a finished recreation room with sliders.  Kitchen with granite tops and island, along with slider off the dining area.  Master bedroom with en suite bath and walk-in closet.  Ready for occupancy this September 2019.  On the road to the Canoe Club of the Connecticut River.  A few miles away from the Ledges Golf Course.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$148
Property Type
House
Property Taxes
$35
HOA Dues
-
Year Built
2018

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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 #72477606)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Apr 5, 2019 Listed by Coldwell Banker Residential Brokerage - Chicopee $295,000
Listed by Coldwell Banker Residential Brokerage - Chicopee
Apr 30, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 14,148
  • Total Building Area: 1,584
  • Gross Building Area: 2,807
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000325
  • 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: RA2

Geography

  • District: 275
  • Parcel: SHAD M:0021 B:0039 L:0000
  • Block: 39
  • Municipality: SOUTH HADLEY
  • Latitude: 42.2267
  • Longitude: -72.6086

    Address

  • Full Address: 55 River Rd
  • Address - House Number: 55
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hadley
  • Carrier Code: C017
  • 4-Digit Zip Code: 1720
  • Zip Code: 01075

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $690,600

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 398,443
  • High Value: 504,006
  • Low Value: 292,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,800
  • Assessed Land Value: $64,800
  • Assessed Improvements Value: $350,000

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21668
  • Previous Sale Recording Date: Apr 30, 2018
  • Previous Sale Amount: $45,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2079 ft²

Average Home Age

70.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72477606

Frequently Asked Questions

When was property at 55 River Road built and last sold?
The property at 55 River Road was built in 2018 and last sold on Oct 28, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 55 River Road is $312,844.
What are some comparable homes to 55 River Road?
There are currently no comparable homes to 55 River Road.
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