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North Amherst 01002
58 Morgan Circle
$345,000
● House - Off Market

58 Morgan Circle

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$445,027
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Looking for a well-maintained home in a great location?  Check out this inviting 3 bedroom contemporary in a quiet cul-de-sac neighborhood in North Amherst. Enjoy the open plan living/dining space with cathedral ceiling, wood stove, and a bank of south facing windows that open to a large wraparound deck and seasonal views. Sunny and bright in the winter, dappled shade in the summer. A large screened porch off of the kitchen will be your go-too space for summer dining and entertaining. Two bedrooms and bath on the ground floor; one has a wood stove and has been used as a home office and guest suite.  A quiet, low traffic neighborhood that is just minutes from UMass and Amherst Center, Cushman corner, Amherst College, and all the recreational, educational, and entertainment amenities of the Five College area.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$169
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1973

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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 #72683314)

Price History

Date / Event Date Event Price
Aug 4, 2020 Sold
Premium
Sold
Jul 1, 2020 Listed by Sawicki Real Estate $324,900
Listed by Sawicki Real Estate
Sep 13, 1973 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 22,759
  • Total Building Area: 1,920
  • Gross Building Area: 3,240
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000522
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 5D000084
  • District: 8
  • Parcel: AMHE M:0005D B:0000 L:0084
  • Lot: 84
  • Municipality: AMHERST
  • Latitude: 42.411
  • Longitude: -72.5106

    Address

  • Full Address: 58 Morgan Cir
  • Address - House Number: 58
  • Address - Street Name: Morgan
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Amherst
  • Carrier Code: C012
  • 4-Digit Zip Code: 1131
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $768,000

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 496,198
  • High Value: 598,728
  • Low Value: 393,669

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,900
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $237,900

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15331
  • Previous Sale Recording Date: Sep 13, 1973
  • Previous Sale Amount: $50,000
  • 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 North Amherst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2679 ft²

Average Home Age

15.5 years

Currently For Sale

2 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: 5 months ago
Data Source: MLS PIN, MLS# 72683314

Frequently Asked Questions

When was property at 58 Morgan Circle built and last sold?
The property at 58 Morgan Circle was built in 1973 and last sold on Jul 15, 2020 for $390,000.
How much is this home worth?
The estimated value of the home located at 58 Morgan Circle is $333,646.
What are some comparable homes to 58 Morgan Circle?
There are currently no comparable homes to 58 Morgan Circle.
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