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Hampshire 01002
563 Montague Rd
$229,000
● House - Off Market

563 Montague Rd

Amherst, MA 01002
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,492 Ft²
$428,033
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Nestled in the woods away from the street you will find this unique 2 bedroom home with a full bath on each floor.  Located minutes away from downtown Amherst yet giving you the feeling of being in the country. Eat in kitchen includes tiled counter tops as well as stove, fridge, dishwasher and range.  Skylights and cathedral ceiling make this space special and bright.  Dining room with built in hutch and picture window to enjoy the view of this home's yard. Living room with fireplace. Upstairs master bedroom and  Club footed bath tub in second floor bathroom.  Lots of built in cabinets and hutch.  Partially finished basement.  Security and septic system newer.  Plenty of off street parking as well as an over sized yard for fun and gardening and a porch! Garage with storage area.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$153
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
1920

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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 #71655884)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Apr 4, 2014 Listed by Keller Williams Realty $229,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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
  • 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: 56,628
  • Total Building Area: 1,436
  • Gross Building Area: 3,296
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820300

Geography

  • Account Number: 2A000017
  • District: 8
  • Parcel: AMHE M:0002A B:0000 L:0017
  • Lot: 17
  • Municipality: AMHERST
  • Latitude: 42.4287
  • Longitude: -72.5295

    Address

  • Full Address: 563 Montague Rd
  • Address - House Number: 563
  • Address - Street Name: Montague
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R003
  • 4-Digit Zip Code: 1007
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,400

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 396,336
  • High Value: 474,696
  • Low Value: 317,976

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $348,700
  • Assessed Land Value: $162,300
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8694
  • Previous Sale Recording Date: Apr 05, 2013
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$459,950

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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: 4 months ago
Data Source: MLS PIN, MLS# 71655884

Frequently Asked Questions

When was property at 563 Montague Road built and last sold?
The property at 563 Montague Road was built in 1920 and last sold on Jan 1, 1970 for $229,000.
How much is this home worth?
The estimated value of the home located at 563 Montague Road is $247,399.
What are some comparable homes to 563 Montague Road?
There are currently no comparable homes to 563 Montague Road.
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