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Hampshire 01002
58 Belchertown Road
$280,000
● House - Off Market

58 Belchertown Road

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
1 Bath
square feet
975 Ft²
$409,855
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

High visibility rental property at the edge of the commercial district.  This is a good candidate for redevelopment.  Possible 2 family use with a Special Permit or rezoning for additional units.  Additional land is available.  Currently rented for $2,000/month through May 2021.
Unit Size
975 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$297
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1900

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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 #72620325)

Price History

Date / Event Date Event Price
May 15, 2020 Sold
Premium
Sold
Feb 15, 2020 Listed by Jones Group REALTORS® $290,000
Listed by Jones Group REALTORS®
Jul 31, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 49,620
  • Total Building Area: 975
  • Gross Building Area: 2,068
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 975
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001139
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820700

Geography

  • District: 8
  • Parcel: AMHE M:0015C B:0000 L:0055
  • Lot: 55
  • Municipality: AMHERST
  • Latitude: 42.372
  • Longitude: -72.4985

    Address

  • Full Address: 58 Belchertown Rd
  • Address - House Number: 58
  • Address - Street Name: Belchertown
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R006
  • 4-Digit Zip Code: 2619
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $611,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 391,730
  • High Value: 469,180
  • Low Value: 314,281

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $330,400
  • Assessed Land Value: $180,700
  • Assessed Improvements Value: $149,700

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8899
  • Previous Sale Recording Date: Jul 31, 1996
  • Previous Sale Amount: $101,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2083 ft²

Average Home Age

71.5 years

Currently For Sale

363 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# 72620325

Frequently Asked Questions

When was property at 58 Belchertown Road built and last sold?
The property at 58 Belchertown Road was built in 1900 and last sold on Mar 13, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 58 Belchertown Road is $290,855.
What are some comparable homes to 58 Belchertown Road?
There are currently no comparable homes to 58 Belchertown Road.
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