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Franklin 01344
87 Mountain Road
$185,000
● House - Off Market

87 Mountain Road

Erving, MA 01344
bedrooms
3 Beds
bathrooms
2 Baths
$326,252
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Terrific 3-4 bedroom home set nicely off the road with nearly private yard. Nice view off the deck.  New above ground pool. All appliances stay. Vaulted ceiling in living room. Master bedroom has slider to outside. Both baths are newly remodeled, one with jet tub! Large attached 2-car garage and well sized basement space just waiting for a family room. Low taxes! Easy access to Rte. 2! Ready to go!
Unit Size
-
Days on Market
-
Land Size
0.80 acres
Price per sqft
-
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1989

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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 #70260781)

Price History

Date / Event Date Event Price
Dec 16, 2005 Sold
Premium
Sold
Sep 15, 2005 Listed by Maniatty Real Estate $189,900
Listed by Maniatty Real Estate
Aug 29, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 35,284
  • Total Building Area: 1,613
  • Gross Building Area: 3,288
  • Building Area: 1,613
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,613
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District in Erving (7-12)
  • Census Tract: 040400

Zoning

  • Zoning: R

Geography

  • Parcel: ERVI M:003 B:000 L:067
  • Lot: 67
  • Municipality: ERVING
  • Latitude: 42.6137
  • Longitude: -72.4096

    Address

  • Full Address: 87 Mountain Rd
  • Address - House Number: 87
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Erving
  • Carrier Code: R001
  • 4-Digit Zip Code: 9723
  • Zip Code: 01344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $183,400

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 313,206
  • High Value: 374,321
  • Low Value: 252,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,200
  • Assessed Land Value: $71,100
  • Assessed Improvements Value: $158,100

    Sales

  • Current Sale Recording Date: Dec 16, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00019356
  • Previous Sale Recording Date: Aug 29, 2001
  • Previous Sale Amount: $122,000
  • 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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2171 ft²

Average Home Age

99.6 years

Currently For Sale

153 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: 5 months ago
Data Source: MLS PIN, MLS# 70260781

Frequently Asked Questions

When was property at 87 Mountain Road built and last sold?
The property at 87 Mountain Road was built in 1989 and last sold on Jan 1, 1970 for $185,000.
How much is this home worth?
The estimated value of the home located at 87 Mountain Road is $191,799.
What are some comparable homes to 87 Mountain Road?
There are currently no comparable homes to 87 Mountain Road.
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