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Hampshire 01007
7 Overlook Drive
$260,000
● House - Off Market

7 Overlook Drive

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,445 Ft²
$496,968
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Enjoy quiet living on a cul-de-sac in the Turkey Hill section of Belchertown. This house has three bedrooms (two with walk-in closets), two full baths, a large kitchen, and a loft that overlooks a living room with a fireplace and a cathedral ceiling. Spend your evenings on your front porch or back deck. You will have a view of your long front yard that is a great place for the kids to go sledding in the winter. This house also has a generator, a full basement and a two car garage. This is a great neighborhood for taking a walk or a bike ride.
Unit Size
1,445 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$185
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1988

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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 #71718365)

Price History

Date / Event Date Event Price
Sep 25, 2014 Sold
Premium
Sold
Jul 22, 2014 Listed by Jones Group REALTORS® $267,000
Listed by Jones Group REALTORS®
Dec 20, 2001 Sold
Premium
Sold
Sep 11, 2001 Listed by Jones Group REALTORS® $210,000
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 862
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,518
  • Total Building Area: 1,509
  • Gross Building Area: 2,874
  • Building Area: 1,509
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001550
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820206

Zoning

  • Zoning: OA4

Geography

  • District: 24
  • Parcel: BELC M:264 L:15
  • Lot: 15
  • Municipality: BELCHERTOWN
  • Latitude: 42.2489
  • Longitude: -72.4471

    Address

  • Full Address: 7 Overlook Dr
  • Address - House Number: 7
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R007
  • 4-Digit Zip Code: 9654
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,400

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 452,627
  • High Value: 536,119
  • Low Value: 369,135

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,900
  • Assessed Land Value: $84,200
  • Assessed Improvements Value: $277,700

    Sales

  • Current Sale Recording Date: Sep 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17817
  • Previous Sale Recording Date: Dec 20, 2001
  • Previous Sale Amount: $200,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$463,750

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2077 ft²

Average Home Age

70.3 years

Currently For Sale

354 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: 4 months ago
Data Source: MLS PIN, MLS# 71718365

Frequently Asked Questions

When was property at 7 Overlook Drive built and last sold?
The property at 7 Overlook Drive was built in 1988 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 7 Overlook Drive is $274,486.
What are some comparable homes to 7 Overlook Drive?
There are currently no comparable homes to 7 Overlook Drive.
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