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Franklin 01360
749 Millers Falls Rd
$127,500
● House - Off Market

749 Millers Falls Rd

Northfield, MA 01360
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,109 Ft²
$314,020
RealtyHop Estimate
146.29%
Since Oct 1, 2002
National-US
Primary Model

About This Property

A REAL GEM OF A STARTER HOME, THE WORK HAS BEEN DONE AND THE CONDITION IS EXCELLENT. LOCATED NEAR NFLD MT. SKI AREA, EASY ACCESS TO AMHERST AND RT 91 PLUS A GREAT YARD.
Unit Size
1,109 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$115
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1940

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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 #30604390)

Price History

Date / Event Date Event Price
Jan 8, 2021 Sold
Premium
Sold
Nov 9, 2020 Listed by Benchmark & Pratt Realtors $229,900
Listed by Benchmark & Pratt Realtors
Sep 23, 2002 Sold
Premium
Sold
May 6, 2002 Listed by Benchmark & Pratt Realtors $127,500
Listed by Benchmark & Pratt Realtors

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 1,109
  • Gross Building Area: 1,918
  • Building Area: 1,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,109
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000940
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • School Tax School District: PIONEER VLY SD
  • Census Tract: 040300

Zoning

  • Zoning: RA

Geography

  • District: 217
  • Parcel: NFLD M:052 B:000D8 L:1
  • Block: D8
  • Lot: 1
  • Municipality: NORTHFIELD
  • Latitude: 42.656
  • Longitude: -72.4612

    Address

  • Full Address: 749 Millers Falls Rd
  • Address - House Number: 749
  • Address - Street Name: Millers Falls
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9619
  • Zip Code: 01360

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $325,900

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 290,685
  • High Value: 372,490
  • Low Value: 208,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $240,000
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $189,600

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 187
  • Previous Sale Recording Date: Sep 23, 2002
  • Previous Sale Amount: $127,500
  • 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

2171 ft²

Average Home Age

100.2 years

Currently For Sale

155 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# 30604390

Frequently Asked Questions

When was property at 749 Millers Falls Road built and last sold?
The property at 749 Millers Falls Road was built in 1940 and last sold on Jan 6, 2021 for $229,900.
How much is this home worth?
The estimated value of the home located at 749 Millers Falls Road is $230,102.
What are some comparable homes to 749 Millers Falls Road?
There are currently no comparable homes to 749 Millers Falls Road.
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