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Hampden
78 Colonial Dr
$275,000
● House - Off Market

78 Colonial Dr

Ludlow, MA 01056
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,813 Ft²
$418,684
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

TONS OF POTENTIAL! Large 8 room Executive Cape in lovely neighborhood with 2 car garage. Buyer owns solar panels on back of house's roof. Solar panels allow significant reduction in monthly electric costs. Because the buyer owns the solar panels, the buyer has no monthly cost to a solar company. Big backyard, partially finished basement.
Unit Size
1,813 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$154
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72294422)

Price History

Date / Event Date Event Price
Mar 11, 2019 Sold
Premium
Sold
Mar 13, 2018 Listed by Real Living Realty Professionals, LLC $279,900
Listed by Real Living Realty Professionals, LLC
May 10, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 41,018
  • Total Building Area: 1,776
  • Gross Building Area: 4,463
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000942
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810414

Zoning

  • Zoning: RES A

Geography

  • Account Number: 2452
  • District: 161
  • Parcel: LUDL M:18 B:4250 P:72
  • Block: 4250
  • Municipality: LUDLOW
  • Latitude: 42.2
  • Longitude: -72.4667

    Address

  • Full Address: 78 Colonial Dr
  • Address - House Number: 78
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C008
  • 4-Digit Zip Code: 1172
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $690,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 416,860
  • High Value: 498,511
  • Low Value: 335,209

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,500
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $276,500

    Sales

  • Current Sale Contract Date: Mar 05, 2019
  • Current Sale Recording Date: Mar 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12028
  • Previous Sale Recording Date: May 10, 1991
  • Previous Sale Amount: $165,000
  • 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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2133 ft²

Average Home Age

77.7 years

Currently For Sale

822 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72294422

Frequently Asked Questions

When was property at 78 Colonial Drive built and last sold?
The property at 78 Colonial Drive was built in 1984 and last sold on Mar 5, 2019 for $275,000.
How much is this home worth?
The estimated value of the home located at 78 Colonial Drive is $287,221.
What are some comparable homes to 78 Colonial Drive?
There are currently no comparable homes to 78 Colonial Drive.
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