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Hampshire 01002
58 Buffam Rd
$80,000
● Land - Off Market

58 Buffam Rd

Pelham, MA 01002
bedrooms
Studio
bathrooms
0 Bath
$88,403
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Build your dream home on 3.48 wooded acres in Pelham MA. Located less than 15 minutes from downtown Amherst and UMass. Walkout potential. South-facing; ideal for solar. Exceptional perc tests, all sand, no ledge; easy digging for foundation. Two stone walls; property abuts forest land along west side. Building site set back on long common drive shared with 60 and 62 Buffam Road. Underground electric at the shared driveway. Photos show percolation test May 2015 (all sand!), mature mixed hardwoods (red oak) and white pine, stone walls, and common paved drive, and building site at north end of property (away from Buffam Road).
Unit Size
-
Days on Market
-
Land Size
3.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$107
HOA Dues
-
Year Built
-

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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 #72965925)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Apr 12, 2022 Listed by Coldwell Banker Community REALTORS® $85,000
Listed by Coldwell Banker Community REALTORS®
Sep 28, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 151,589
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000003480
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Pelham School District
  • School Tax School District: PELHAM SD
  • Census Tract: 820205

Geography

  • Parcel: PELH M:009 B:00000 L:0017E
  • Lot: 17E
  • Municipality: PELHAM
  • Latitude: 42.3964
  • Longitude: -72.4483

    Address

  • Full Address: 58 Buffam Rd
  • Address - House Number: 58
  • Address - Street Name: Buffam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pelham
  • Carrier Code: R008
  • 4-Digit Zip Code: 9801
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $137,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,800
  • Assessed Land Value: $76,800

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19291
  • Previous Sale Recording Date: Sep 28, 2015
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: O

    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:

$460,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2075 ft²

Average Home Age

70.5 years

Currently For Sale

351 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: 4 months ago
Data Source: MLS PIN, MLS# 72965925

Frequently Asked Questions

When was property at 58 Buffam Road built and last sold?
The property at 58 Buffam Road was built in and last sold on Sep 15, 2022 for $80,000.
How much is this home worth?
The estimated value of the home located at 58 Buffam Road is $85,850.
What are some comparable homes to 58 Buffam Road?
There are currently no comparable homes to 58 Buffam Road.
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