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Hampden
85 Edison Drive
$250,000
● House - Off Market

85 Edison Drive

Ludlow, MA 01056
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,342 Ft²
$271,015
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This spacious ranch style home featuring central air & gas heat is staged for a property Estate Sale that's happening the first weekend of June. A large dining room opens up to the kitchen with extra cabinet space. There are 3 bedrooms and a large living room that all have beautiful hard wood floors, and by removing the carpets in the bedrooms, you'll have hardwood floors throughout.  The basement adds an additional 1,342 sq. feet of additional rooms, laundry and storage areas.  There is an open front porch and 3 season sun room to enjoy your morning coffee or tea in. The back yard has an area that awaits a pool where one was previously located. You can enjoy this home in its lovely residential area by the end of June, and children will be close to schools for the next year.
Unit Size
1,342 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$197
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1961

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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 #72977551)

Price History

Date / Event Date Event Price
Jul 5, 2022 Sold
Premium
Sold
May 6, 2022 Listed by Brochu Real Estate $264,900
Listed by Brochu Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 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: 10,000
  • Total Building Area: 1,342
  • Gross Building Area: 3,750
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 810404

Zoning

  • Zoning: RES A

Geography

  • Account Number: 2978
  • District: 161
  • Parcel: LUDL M:27 B:5100 P:77
  • Block: 5100
  • Municipality: LUDLOW
  • Latitude: 42.161
  • Longitude: -72.4394

    Address

  • Full Address: 85 Edison Dr
  • Address - House Number: 85
  • Address - Street Name: Edison
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C012
  • 4-Digit Zip Code: 3207
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,400

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 318,818
  • High Value: 376,188
  • Low Value: 261,448

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $256,700
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $171,600

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40572
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

2147 ft²

Average Home Age

78.1 years

Currently For Sale

807 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: 4 months ago
Data Source: MLS PIN, MLS# 72977551

Frequently Asked Questions

When was property at 85 Edison Drive built and last sold?
The property at 85 Edison Drive was built in 1961 and last sold on Jul 5, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 85 Edison Drive is $269,263.
What are some comparable homes to 85 Edison Drive?
There are currently no comparable homes to 85 Edison Drive.
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