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Hampshire 01007
787 Bay Rd
$350,000
● House - Off Market

787 Bay Rd

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$319,027
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Enjoy summer on the deck beneath the maple tree where you can hang your birdhouses and your feeders in the winter.  The yard is nicely landscaped with perennials and shrubs blooming throughout the season. There are three sheds to store all your yard needs and toys. The well-maintained and updated home provides a comfortable retreat with little left for you do to but move in.  New siding, replacement windows and hybrid water heater to name a few. Conveniently located on Bay Rd. one-half mile to the Amherst town line with easy access to Northampton and points south.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$286
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1975

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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 #73110951)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 16, 2023 In contract -
In contract
May 12, 2023 Listed by Jones Group REALTORS® $319,900
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 1,120
  • Gross Building Area: 2,240
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000900
  • 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:228 L:13
  • Lot: 13
  • Municipality: BELCHERTOWN
  • Latitude: 42.3117
  • Longitude: -72.4603

    Address

  • Full Address: 787 Bay Rd
  • Address - House Number: 787
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 9714
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,700

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 358,934
  • High Value: 429,695
  • Low Value: 288,173

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $277,900
  • Assessed Land Value: $66,200
  • Assessed Improvements Value: $211,700

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10428
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:

$460,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2073 ft²

Average Home Age

69.1 years

Currently For Sale

349 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# 73110951

Frequently Asked Questions

When was property at 787 Bay Road built and last sold?
The property at 787 Bay Road was built in 1975 and last sold on Jun 7, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 787 Bay Road is $327,132.
What are some comparable homes to 787 Bay Road?
There are currently no comparable homes to 787 Bay Road.
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