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Hampshire 01007
74 Bay Rd
$207,000
● House - Off Market

74 Bay Rd

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$337,144
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Come and see this roomy Cape and you'll be impressed. The first floor features a bedroom (ideal for a possible in-law) and another room that could be a fourth bedroom or an office. Newer replacement windows make this more energy efficient. Hardwood flooring throughout, heated breezeway, first floor laundry, large two car garage with loft storage, and wired for generator, make this an outstanding value. The half acre yard has been professionally landscaped and featured large gardens in the past. With a little bit of effort, it could be wonderful again this coming Spring! Schedule your showing, this will NOT disappoint!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$139
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1965

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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 #72097788)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Oct 18, 2021 Listed by RE/MAX Swift River Valley $325,000
Listed by RE/MAX Swift River Valley
Jun 23, 2017 Sold
Premium
Sold
Dec 1, 2016 Listed by RE/MAX Swift River Valley $210,000
Listed by RE/MAX Swift River Valley

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 4
  • 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: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,682
  • Gross Building Area: 4,208
  • Building Area: 1,682
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,682
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROPERTY HARRY & MARION F PLAN
  • Land Acres: 0000000490
  • 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: 820207

Geography

  • District: 24
  • Parcel: BELC M:107 L:53
  • Lot: 53
  • Municipality: BELCHERTOWN
  • Latitude: 42.3009
  • Longitude: -72.4203

    Address

  • Full Address: 74 Bay Rd
  • Address - House Number: 74
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 9439
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,000

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 400,526
  • High Value: 480,620
  • Low Value: 320,433

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $317,900
  • Assessed Land Value: $58,700
  • Assessed Improvements Value: $259,200

    Sales

  • Current Sale Contract Date: Dec 04, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31579
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Amount: $207,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 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# 72097788

Frequently Asked Questions

When was property at 74 Bay Road built and last sold?
The property at 74 Bay Road was built in 1965 and last sold on Dec 4, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 74 Bay Road is $334,587.
What are some comparable homes to 74 Bay Road?
There are currently no comparable homes to 74 Bay Road.
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