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Hampshire 01002
7 Bayberry Lane
$344,000
● House - Off Market

7 Bayberry Lane

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,902 Ft²
$671,694
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Quiet residential neighborhood. Cul-de-sac location.  Walk to bus & easy access to Amherst Center.  Conservation area.  Custom features include:  crown moldings, solid 6-Panel wood doors, lovely lot with stone patio, two 3-Season rooms for extra living, and oil heat with central A/C, plus more.  Roof on house replaced in Aug.2009, new furnace and super stor water heater in Aug. 2009.
Unit Size
1,902 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$189
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1987

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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 #71739070)

Price History

Date / Event Date Event Price
Nov 20, 2014 Sold
Premium
Sold
Sep 5, 2014 Listed by Jones Group REALTORS® $359,900
Listed by Jones Group REALTORS®

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 21,548
  • Total Building Area: 1,902
  • Gross Building Area: 3,630
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000495
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820700

Geography

  • Account Number: 15B000096
  • District: 8
  • Parcel: AMHE M:0015B B:0000 L:0096
  • Lot: 96
  • Municipality: AMHERST
  • Latitude: 42.3751
  • Longitude: -72.4851

    Address

  • Full Address: 7 Bayberry Ln
  • Address - House Number: 7
  • Address - Street Name: Bayberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Amherst
  • Carrier Code: R008
  • 4-Digit Zip Code: 1668
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $932,200

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 575,480
  • High Value: 694,391
  • Low Value: 456,569

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,600
  • Assessed Land Value: $194,500
  • Assessed Improvements Value: $309,100

    Sales

  • Current Sale Recording Date: Nov 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21798

    Financing

  • First Mortgage Financing Type: UNK
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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2096 ft²

Average Home Age

72.2 years

Currently For Sale

364 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71739070

Frequently Asked Questions

When was property at 7 Bayberry Lane built and last sold?
The property at 7 Bayberry Lane was built in 1987 and last sold on Jan 1, 1970 for $344,000.
How much is this home worth?
The estimated value of the home located at 7 Bayberry Lane is $370,360.
What are some comparable homes to 7 Bayberry Lane?
There are currently no comparable homes to 7 Bayberry Lane.
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