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Franklin
57 East Colrain
$195,000
● House - Off Market

57 East Colrain

Colrain, MA 01340
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$193,057
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

This beautifully crafted multi-level home in the country is just waiting for a new owner to restore it to its former beauty.  The open-concept kitchen, dining and living area with vaulted ceiling and wood stove, makes for a lovely place to entertain or curl up with a good book.  View the natural beauty around you through the many large windows, and then step out onto the deck or covered porch for a closer look. Two bedrooms and a full bath are just a few steps up from the great room. The lower level has a partially finished space for a potential family room and just a few steps up from that is an office with its own bathroom. Enjoy the privacy and convenience of this home. Under 20 minutes to Shelburne, Greenfield or Vermont.  Broadband lines are being run now and the home may be connected prior to closing.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
2.80 acres
Price per sqft
$147
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1987

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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 #72811676)

Price History

Date / Event Date Event Price
Jun 16, 2021 Sold
Premium
Sold
Apr 8, 2021 Listed by Dahna Virgilio Real Estate, Inc. $165,000
Listed by Dahna Virgilio Real Estate, Inc.
Jun 21, 2007 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 122,012
  • Total Building Area: 1,120
  • Gross Building Area: 2,560
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002801
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mohawk Trail School District
  • Census Tract: 040100

Geography

  • District: 66
  • Parcel: COLR M:4210 B:0006 L:00010
  • Block: 6
  • Lot: 10
  • Municipality: COLRAIN
  • Latitude: 42.6667
  • Longitude: -72.6531

    Address

  • Full Address: 57 E Colrain Rd
  • Address - House Number: 57
  • Street Direction: E
  • Address - Street Name: Colrain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Colrain
  • Carrier Code: R001
  • 4-Digit Zip Code: 9743
  • Zip Code: 01340

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $380,400

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 291,585
  • High Value: 373,644
  • Low Value: 209,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $200,400
  • Assessed Land Value: $39,900
  • Assessed Improvements Value: $160,500

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7375
  • Previous Sale Recording Date: Jun 21, 2007
  • Previous Sale Amount: $20,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2174 ft²

Average Home Age

95.3 years

Currently For Sale

155 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# 72811676

Frequently Asked Questions

When was property at 57 East Colrain Road built and last sold?
The property at 57 East Colrain Road was built in 1987 and last sold on Jun 16, 2021 for $195,000.
How much is this home worth?
The estimated value of the home located at 57 East Colrain Road is $0.
What are some comparable homes to 57 East Colrain Road?
There are currently no comparable homes to 57 East Colrain Road.
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