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Hampshire 01007
8 Lexington Drive
Photo of 8 Lexington Drive
Sold on Dec 21, 2005

1

Map

$385,000
● House - Off Market

8 Lexington Drive

Belchertown, MA 01007
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,490 Ft²
$687,037
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Spectacular Views and sunsets!  Delightful home with covered porch and deck with view.  Built by a reputable builder, your buyers will appreciate the quality!  1st floor master bedrom and large rooms with open floor plan.  A walk out basement just waiting to be finished, central air and central vacuum, plumbed for bath
Unit Size
2,490 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$161
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
2000

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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 #70171427)

Price History

Date / Event Date Event Price
Dec 21, 2005 Sold
Premium
Sold
Apr 11, 2005 Listed $399,900
Listed
Jan 23, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 7
  • Basement Area: 1,918
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 41,421
  • Total Building Area: 3,757
  • Gross Building Area: 5,447
  • Building Area: 3,757
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,757
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000951
  • 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: 820205

Geography

  • District: 24
  • Parcel: BELC M:225 L:81
  • Lot: 81
  • Municipality: BELCHERTOWN
  • Latitude: 42.3088
  • Longitude: -72.3939

    Address

  • Full Address: 8 Lexington Dr
  • Address - House Number: 8
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R006
  • 4-Digit Zip Code: 8812
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $815,200

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 611,598
  • High Value: 724,415
  • Low Value: 498,782

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,100
  • Assessed Land Value: $91,100
  • Assessed Improvements Value: $441,000

    Sales

  • Current Sale Recording Date: Dec 21, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00036189
  • Previous Sale Recording Date: Jan 23, 2001
  • Previous Sale Amount: $299,467
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2083 ft²

Average Home Age

71.5 years

Currently For Sale

363 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# 70171427

Frequently Asked Questions

When was property at 8 Lexington Drive built and last sold?
The property at 8 Lexington Drive was built in 2000 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 8 Lexington Drive is $420,994.
What are some comparable homes to 8 Lexington Drive?
There are currently no comparable homes to 8 Lexington Drive.
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