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Hampden
60 Lockland Avenue
$215,000
● House - Off Market

60 Lockland Avenue

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$176,357
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Opportunity in Ludlow! This 3 bedroom, 1 bathroom home is looking for a new owner.  If you are looking for a home you can live in while fixing it up, look no more!  Only minutes to the Mass Turnpike.  Home has gas heat and central air.  Enjoy the front porch or relax in the fenced in back yard.  There is great potential for an owner willing to put some work in.   Roof is approximately 10 years old.  Stop by and make your offer.  Homes at this price do not last long.  Open houses Saturday and Sunday 12:00PM until 1:30PM.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$192
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1920

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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 #73097587)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Apr 18, 2023 In contract -
In contract
Apr 12, 2023 Listed by Keller Williams Realty $175,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 912
  • Gross Building Area: 2,544
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    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: 810404

Zoning

  • Zoning: RES B

Geography

  • Account Number: 5099
  • District: 161
  • Parcel: LUDL M:15A B:9300 P:116
  • Block: 9300
  • Municipality: LUDLOW
  • Latitude: 42.162
  • Longitude: -72.472

    Address

  • Full Address: 60 Lockland Ave
  • Address - House Number: 60
  • Address - Street Name: Lockland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C003
  • 4-Digit Zip Code: 2816
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $352,000

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 221,168
  • High Value: 265,472
  • Low Value: 176,864

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $194,600
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $124,100

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23422
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

$229

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2110 ft²

Average Home Age

79.8 years

Currently For Sale

850 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# 73097587

Frequently Asked Questions

When was property at 60 Lockland Avenue built and last sold?
The property at 60 Lockland Avenue was built in 1920 and last sold on May 23, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 60 Lockland Avenue is $182,144.
What are some comparable homes to 60 Lockland Avenue?
There are currently no comparable homes to 60 Lockland Avenue.
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