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Hampden 01095
863 Glendale Road
$335,000
● Land - Off Market

863 Glendale Road

Wilbraham, MA 01095
bedrooms
Studio
bathrooms
0 Bath
$797,580
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Tranquil, peaceful and beautiful views of the mountains are the setting for this future site of a subdivision.  There is a possibility for 10 building lots to be developed here, this is a perfect wonderful setting for large beautiful grand homes. A couple of proposed lots may have frontage right on Glendale Road.  Buyer is to do diligence to find verify exactly how many building lots can be put into this proposed subdivision.
Unit Size
-
Days on Market
-
Land Size
50.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
$474
HOA Dues
-
Year Built
1870

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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: 5 months ago (MLSPIN #71971302)

Price History

Date / Event Date Event Price
Jan 13, 2017 Sold
Premium
Sold
Mar 13, 2016 Listed by Keller Williams Realty $475,000
Listed by Keller Williams Realty
Jul 31, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 1,281
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 154,656
  • Total Building Area: 2,111
  • Gross Building Area: 4,343
  • Building Area: 2,111
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,111
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003550
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampden-Wilbraham School District
  • School Tax School District: HMPDN-WILBRHM
  • Census Tract: 813602

Zoning

  • Zoning: R60

Geography

  • Account Number: MAP 150 152 170 171
  • Parcel: WILB M:4750 B:335 L:1972
  • Block: 335
  • Lot: 1972
  • Municipality: WILBRAHAM
  • Latitude: 42.1181
  • Longitude: -72.3979

    Address

  • Full Address: 863 Glendale Rd
  • Address - House Number: 863
  • Address - Street Name: Glendale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilbraham
  • Carrier Code: R004
  • 4-Digit Zip Code: 2351
  • Zip Code: 01095

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $869,100

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 528,434
  • High Value: 638,144
  • Low Value: 418,725

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,800
  • Assessed Land Value: $105,800
  • Assessed Improvements Value: $364,000

    Sales

  • Current Sale Recording Date: Jan 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2364
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $194,000
  • 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

2142 ft²

Average Home Age

78.8 years

Currently For Sale

840 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: 5 months ago
Data Source: MLS PIN, MLS# 71971302

Frequently Asked Questions

When was property at 863 Glendale Road built and last sold?
The property at 863 Glendale Road was built in 1870 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 863 Glendale Road is $479,750.
What are some comparable homes to 863 Glendale Road?
There are currently no comparable homes to 863 Glendale Road.
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