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Hampden 01095
586 Main Street
$400,000
● House - Off Market

586 Main Street

Wilbraham, MA 01095
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,950 Ft²
$403,000
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Location, Location, Location!!   You will not want to miss all that this beautiful home has to offer.  Town water, town sewer, centrally located just to name a few!!  The back of the home was renovated in 2019 to include a master suite, walk in closet, plenty of sitting area to relax and a georgous master bath to include a tile shower.  The original part of the home includes plenty of living space with the charm that Main Street brings.  New furnace in 2021, roof over addition in 2019, front roof 2012, 200 AMP service for home and additional 100 AMP service for addition (all APO).  Call today for your showing!!!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$205
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1938

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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 #73084924)

Price History

Date / Event Date Event Price
May 2, 2023 Sold
Premium
Sold
Mar 14, 2023 In contract -
In contract
Mar 10, 2023 Listed by Hunt Realty Associates LLC $399,900
Listed by Hunt Realty Associates LLC
Mar 18, 2005 Sold
Premium
Sold
Oct 18, 2004 Listed by Hunt Realty Associates LLC $189,900
Listed by Hunt Realty Associates LLC
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,451
  • Total Building Area: 1,950
  • Gross Building Area: 3,664
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000584
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampden-Wilbraham School District
  • School Tax School District: HMPDN-WILBRHM
  • Census Tract: 813602

Zoning

  • Zoning: R26

Geography

  • Account Number: MAP 97
  • Parcel: WILB M:7000 B:442 L:2801
  • Block: 442
  • Lot: 2801
  • Municipality: WILBRAHAM
  • Latitude: 42.1144
  • Longitude: -72.4336

    Address

  • Full Address: 586 Main St
  • Address - House Number: 586
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wilbraham
  • Carrier Code: R002
  • 4-Digit Zip Code: 1604
  • Zip Code: 01095

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $739,300

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 418,622
  • High Value: 500,380
  • Low Value: 336,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,600
  • Assessed Land Value: $99,300
  • Assessed Improvements Value: $300,300

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19810
  • Previous Sale Recording Date: Mar 18, 2005
  • Previous Sale Amount: $189,900
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2141 ft²

Average Home Age

78.2 years

Currently For Sale

830 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# 73084924

Frequently Asked Questions

When was property at 586 Main Street built and last sold?
The property at 586 Main Street was built in 1938 and last sold on May 2, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 586 Main Street is $406,452.
What are some comparable homes to 586 Main Street?
There are currently no comparable homes to 586 Main Street.
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