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Hampden
87 Main St
$122,000
● House - Off Market

87 Main St

Wales, MA 01081
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$125,210
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Contractors & Investors, check out this home!  The potential of this house can easily be seen upon entering to see the hardwood floor & arches. There's a large, open formal dining/living room that leads towards the more than ample kitchen with a slider to the back. There's a family room with fireplace that was rebuilt and a full bath as well on the 1st floor. There's also 1st floor laundry/mudroom and attached shed off the living area.  The second floor has four large bedrooms with wood flooring and another full bath. Can close quickly.  Walk up attic has great potential for great storage or more living space. Located on almost an acre lot that is an easy commute to Rt. 20 & Rt. 84. Roof was re-shingled approx. 10 yrs. ago.  Title V buyer's responsibility. Vacant and ready for you to see!
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$70
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1850

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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 #73064400)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold
Premium
Sold
Dec 11, 2022 Listed by EXIT Real Estate Executives $125,000
Listed by EXIT Real Estate Executives
Jun 20, 2002 Sold
Premium
Sold
Apr 4, 2002 Listed by EXIT Real Estate Executives $144,900
Listed by EXIT Real Estate Executives
Mar 1, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,782
  • Gross Building Area: 3,390
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wales School District
  • Census Tract: 813801

Geography

  • Account Number: 14053
  • Parcel: WALE M:1000 B:2210 L:0087-0
  • Block: 2210
  • Lot: 87-0
  • Municipality: WALES
  • Latitude: 42.0748
  • Longitude: -72.2146

    Address

  • Full Address: 87 Main St
  • Address - House Number: 87
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wales
  • Carrier Code: H064
  • 4-Digit Zip Code: 9777
  • Zip Code: 01081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $399,100

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 248,565
  • High Value: 292,368
  • Low Value: 204,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $270,200
  • Assessed Land Value: $44,100
  • Assessed Improvements Value: $226,100

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25518
  • Previous Sale Recording Date: Jun 20, 2002
  • Previous Sale Amount: $152,530
  • 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

2141 ft²

Average Home Age

78.2 years

Currently For Sale

830 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# 73064400

Frequently Asked Questions

When was property at 87 Main Street built and last sold?
The property at 87 Main Street was built in 1850 and last sold on Mar 6, 2023 for $122,000.
How much is this home worth?
The estimated value of the home located at 87 Main Street is $138,329.
What are some comparable homes to 87 Main Street?
There are currently no comparable homes to 87 Main Street.
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