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Franklin
59 Montague Road
$306,500
● House - Off Market

59 Montague Road

Leverett, MA 01054
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,229 Ft²
$882,007
RealtyHop Estimate
167.68%
Since Dec 1, 2001
National-US
Primary Model

About This Property

A HORSE LOVERS DREAM. ANTIQUE POST & BEAM HOUSE ON 3+ ACRES. WELL-MAINTAINED HORSE BARN WITH 9 STALLS.  BARN/GARAGE COULD BE A GARAGE PLUS 2 ADDITIONAL OUT BUILDINGS.  STONE WALLS ON 3 BOUNDARIES.
Unit Size
2,229 Ft²
Days on Market
-
Land Size
3.19 acres
Price per sqft
$148
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1800

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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 years ago (MLSPIN #30536167)

Price History

Date / Event Date Event Price
Nov 16, 2001 Sold
Premium
Sold
Aug 27, 2001 Listed by Jones Town & Country Realty $329,500
Listed by Jones Town & Country Realty
Oct 29, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • 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: 138,843
  • Total Building Area: 2,544
  • Gross Building Area: 4,326
  • Building Area: 2,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACQUELIN S LUBIN
  • Land Acres: 0000003187
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leverett School District
  • Census Tract: 040600

Geography

  • Account Number: 5-0-113A
  • Parcel: LEVE M:0005 B:0000 L:113A
  • Lot: 113A
  • Municipality: LEVERETT
  • Latitude: 42.4595
  • Longitude: -72.4981

    Address

  • Full Address: 59 Montague Rd
  • Address - House Number: 59
  • Address - Street Name: Montague
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: H061
  • 4-Digit Zip Code: 9725
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $695,000

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 604,847
  • High Value: 753,432
  • Low Value: 456,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,100
  • Assessed Land Value: $90,500
  • Assessed Improvements Value: $351,600

    Sales

  • Current Sale Recording Date: Nov 16, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 29, 1990
  • Previous Sale Amount: $238,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2176 ft²

Average Home Age

100.2 years

Currently For Sale

156 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30536167

Frequently Asked Questions

When was property at 59 Montague Road built and last sold?
The property at 59 Montague Road was built in 1800 and last sold on Jan 1, 1970 for $306,500.
How much is this home worth?
The estimated value of the home located at 59 Montague Road is $0.
What are some comparable homes to 59 Montague Road?
There are currently no comparable homes to 59 Montague Road.
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