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Berkshire
581 King Richard Dr
$145,000
● House - Off Market

581 King Richard Dr

Becket, MA 01223
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$280,052
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Lakefront opportunity on Robin Hood Lake with dock and three season porch with lake views. Open kitchen/dining/ living area, two bedrooms and a full bath on the main level. The walk out lower level features a den with fireplace and lake views, workshop and utility room. Being sold as is with a $25,000.00 credit towards installation of a new septic system.Community fees app. $1600.00 annually.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$124
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72230710)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by Red Horse Real Estate $369,000
Listed by Red Horse Real Estate
Feb 27, 2018 Sold
Premium
Sold
Sep 18, 2017 Listed by Red Horse Real Estate $179,000
Listed by Red Horse Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Central Berkshire School District
  • Census Tract: 932200

Zoning

  • Zoning: R1

Geography

  • Account Number: 22216003310000D
  • District: 22
  • Parcel: BECK M:2160 L:03310000D
  • Municipality: BECKET
  • Latitude: 42.2508
  • Longitude: -73.0656

    Address

  • Full Address: 581 King Richard Dr
  • Address - House Number: 581
  • Address - Street Name: King Richard
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Becket
  • Carrier Code: H063
  • 4-Digit Zip Code: 9804
  • Zip Code: 01223

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $322,400

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 57
  • Final Value: 401,564
  • High Value: 519,857
  • Low Value: 283,271

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $330,000
  • Assessed Land Value: $165,200
  • Assessed Improvements Value: $164,800

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 988190
  • Previous Sale Recording Date: Feb 27, 2018
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: O
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 Berkshire

Stats & Trends

Median Asking:

$329,950

Sale Price/ft²

$205

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2782 ft²

Average Home Age

95.7 years

Currently For Sale

89 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: 4 months ago
Data Source: MLS PIN, MLS# 72230710

Frequently Asked Questions

When was property at 581 King Richard Drive built and last sold?
The property at 581 King Richard Drive was built in 1968 and last sold on Nov 30, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 581 King Richard Drive is $366,582.
What are some comparable homes to 581 King Richard Drive?
There are currently no comparable homes to 581 King Richard Drive.
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