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Hampden
59 Lockland Ave
$235,000
● House - Off Market

59 Lockland Ave

Ludlow, MA 01056
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,290 Ft²
$265,711
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Welcome to this adorable 2 bedroom, 1 1/2 bath home! Soooo many updates throughout. Beautiful, brand new kitchen with stainless steel appliances and granite countertops, siding, windows, electric, gas furnace, water heater, concrete patio and sidewalk, gutters, etc. etc. You will find new vinyl flooring throughout the entire first and second floor. There is a detached one car garage, a nice concrete patio and a newly landscaped yard. If you are looking to be near the center of town and close to EVERYTHING, you MUST see this one in person before it's gone!! OPEN HOUSE SATURDAY 5/22 (11:00 - 1:00)
Unit Size
1,290 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$178
Property Type
House
Property Taxes
$179
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 years ago (MLSPIN #72835783)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
May 20, 2021 Listed by RE/MAX Connections - Belchertown $229,900
Listed by RE/MAX Connections - Belchertown
Mar 27, 2019 Sold
Premium
Sold
Apr 28, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 5,000
  • Total Building Area: 1,290
  • Gross Building Area: 2,063
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810403

Zoning

  • Zoning: RES B

Geography

  • Account Number: 5118
  • District: 161
  • Parcel: LUDL M:15A B:9300 P:277
  • Block: 9300
  • Municipality: LUDLOW
  • Latitude: 42.1619
  • Longitude: -72.4726

    Address

  • Full Address: 59 Lockland Ave
  • Address - House Number: 59
  • Address - Street Name: Lockland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C003
  • 4-Digit Zip Code: 2818
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $496,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 312,512
  • High Value: 380,171
  • Low Value: 244,854

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $274,200
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $203,700

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49129
  • Previous Sale Recording Date: Mar 27, 2019
  • Previous Sale Contract Date: Mar 25, 2019
  • Previous Sale Amount: $100,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2121 ft²

Average Home Age

79.4 years

Currently For Sale

848 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 years ago
Data Source: MLS PIN, MLS# 72835783

Frequently Asked Questions

When was property at 59 Lockland Avenue built and last sold?
The property at 59 Lockland Avenue was built in 1900 and last sold on Jul 15, 2021 for $235,000.
How much is this home worth?
The estimated value of the home located at 59 Lockland Avenue is $236,551.
What are some comparable homes to 59 Lockland Avenue?
There are currently no comparable homes to 59 Lockland Avenue.
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