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Petersham 01366
76 New Salem Rd
$346,000
● House - Off Market

76 New Salem Rd

Petersham, MA 01366
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$511,795
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Done and ready for occupancy!   Another new Green Energy construction home in Petersham. Wonderful layout with master suite on one side, guest rooms and another full bath on the other. Vaulted great room with granite and stainless kitchen, dining area facing rear slider to deck, and open living room with gas fireplace surrounded by stone. Attached two car garage with plenty of room for extras. High efficiency Viessmann LP gas fired boiler for heat and domestic HW. Basement is huge and open, ready to become what you need it to be. Home will be turned over complete with landscaping and paved drive.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.90 acres
Price per sqft
$212
Property Type
House
Property Taxes
$52
HOA Dues
-
Year Built
2018

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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 #72435574)

Price History

Date / Event Date Event Price
Oct 19, 2020 Sold
Premium
Sold
Feb 25, 2019 Sold
Premium
Sold
Dec 31, 2018 Listed by Berube Real Estate $339,000
Listed by Berube Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 82,764
  • Total Building Area: 1,720
  • Gross Building Area: 4,170
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001900
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: PETERSHAM SD
  • Census Tract: 704202

Geography

  • Parcel: PETE M:201 B:81 L:0
  • Block: 81
  • Municipality: PETERSHAM
  • Latitude: 42.4857
  • Longitude: -72.1958

    Address

  • Full Address: 76 New Salem Rd
  • Address - House Number: 76
  • Address - Street Name: New Salem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Petersham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9703
  • Zip Code: 01366

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,100

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 491,695
  • High Value: 571,546
  • Low Value: 411,843

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,100
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $418,600

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123954
  • Previous Sale Recording Date: Feb 25, 2019
  • Previous Sale Contract Date: Feb 20, 2019
  • Previous Sale Amount: $346,000
  • 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 Petersham

Stats & Trends

Median Asking:

$634,950

Sale Price/ft²

$290

Below Asking

0.02%

Average Days on Market

73

Average Home Size

3265 ft²

Average Home Age

205.8 years

Currently For Sale

6 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72435574

Frequently Asked Questions

When was property at 76 New Salem Road built and last sold?
The property at 76 New Salem Road was built in 2018 and last sold on Oct 16, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 76 New Salem Road is $344,362.
What are some comparable homes to 76 New Salem Road?
There are currently no comparable homes to 76 New Salem Road.
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