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Amherst Center 01002
8 Hillcrest Pl
$542,000
● House - Off Market

8 Hillcrest Pl

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,427 Ft²
$3,426
Est. Monthly

About This Property

This brick home is within walking distance to Amherst downtown center.  The first floor features living and dining room with hardwood floor, new kitchen cabinetry and new kitchen granite counter tops and new appliances, a bedroom and a full bath.  The second floor offers two good size bed rooms and a half bath.  There is additional space in the finished basement area.  The fenced back yard has beautiful landscaped flower gardens.  There is central AC, central heating, newer Buderus boiler, newer mini split.  Photos are from prior summer, some new pictures are coming soon.  First showing this coming Saturday.
Unit Size
1,427 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$392
Property Type
House
Property Taxes
$681
HOA Dues
-
Year Built
1944

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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 #73201753)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Feb 18, 2024 In contract -
In contract
Feb 12, 2024 Listed by Premier Realty Group-Hadley $559,000
Listed by Premier Realty Group-Hadley
Nov 21, 2023 Withdrawn -
Withdrawn
Oct 16, 2023 Price Decreased $585,000
↓ $10K (1.7%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • 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: 20,418
  • Total Building Area: 1,427
  • Gross Building Area: 3,268
  • Building Area: 1,427
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,427
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HRK AT AMHERST CONDO
  • Land Acres: 0000000469
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820500

Geography

  • Account Number: 17A000044
  • District: 8
  • Parcel: AMHE M:0017A B:0000 L:0044
  • Lot: 44
  • Municipality: AMHERST
  • Latitude: 42.3617
  • Longitude: -72.5211

    Address

  • Full Address: 8 Hillcrest Pl
  • Address - House Number: 8
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Amherst
  • Carrier Code: C007
  • 4-Digit Zip Code: 2528
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $854,100

    Appraisal Valuation

  • Standard Deviation: 0.0897
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 578,260
  • High Value: 630,146
  • Low Value: 526,374

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,400
  • Assessed Land Value: $194,400
  • Assessed Improvements Value: $267,000

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3232
  • Previous Sale Recording Date: Feb 24, 2023
  • Previous Sale Contract Date: Feb 24, 2023
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: 35
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 Amherst Center

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1894 ft²

Average Home Age

76.5 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 73201753

Frequently Asked Questions

When was property at 8 Hillcrest Place built and last sold?
The property at 8 Hillcrest Place was built in 1944 and last sold on Mar 4, 2024 for $542,000.
How much is this home worth?
The estimated value of the home located at 8 Hillcrest Place is $540,722.
What are some comparable homes to 8 Hillcrest Place?
There are currently no comparable homes to 8 Hillcrest Place.
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