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Athol 01331
557 Lenox St.
$287,000
● House - Off Market

557 Lenox St.

Athol, MA 01331
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,154 Ft²
$283,383
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Well-maintained two-bedroom home with some great amenities, including hardwood floors, one-car garage, outside hot tub, large backyard and workshop area in basement.  Recent heating system, electrical service upgrade, water heater, windows.   Great condition and move-in ready.  Walk-up second floor area has excellent potential to be a large family room, third bedroom or office space. A one-room addition to the home was previously a three-season porch and is now fully enclosed and heated.  Location is in a quiet residential area of similar well-kept homes and is very near Silver Lake. Two large storage sheds.
Unit Size
1,154 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$238
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #73080403)

Price History

Date / Event Date Event Price
Mar 24, 2023 Sold
Premium
Sold
Feb 23, 2023 In contract -
In contract
Feb 20, 2023 Listed by Millers River Real Estate $275,000
Listed by Millers River Real Estate
Aug 20, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 11,014
  • Total Building Area: 974
  • Gross Building Area: 3,498
  • Building Area: 974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Athol-Royalston School District
  • School Tax School District: ATHOL-ROYALSTN
  • Census Tract: 703200

Geography

  • Account Number: 5300
  • Parcel: ATHO M:00012 B:00243 L:00000
  • Block: 243
  • Municipality: ATHOL
  • Latitude: 42.6042
  • Longitude: -72.2285

    Address

  • Full Address: 557 Lenox St
  • Address - House Number: 557
  • Address - Street Name: Lenox
  • Address - Suffix Type: St
  • State: MA
  • City Name: Athol
  • Carrier Code: C008
  • 4-Digit Zip Code: 1442
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $334,600

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 289,748
  • High Value: 349,882
  • Low Value: 229,613

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $260,800
  • Assessed Land Value: $56,900
  • Assessed Improvements Value: $203,900

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23011
  • Previous Sale Recording Date: Aug 20, 2001
  • Previous Sale Amount: $115,000
  • 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 Athol

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1768 ft²

Average Home Age

85.4 years

Currently For Sale

28 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73080403

Frequently Asked Questions

When was property at 557 Lenox Street built and last sold?
The property at 557 Lenox Street was built in 1940 and last sold on Mar 24, 2023 for $287,000.
How much is this home worth?
The estimated value of the home located at 557 Lenox Street is $278,840.
What are some comparable homes to 557 Lenox Street?
There are currently no comparable homes to 557 Lenox Street.
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