$130,000
●
Condo -
Off Market
87 Pine Grove #87
Amherst, MA 01002
1 Bed
1 Bath
650 Ft²
$244,970
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model
About This Property
Why rent? Welcome to this one bedroom, post & beam, garden style
condo with 1 car detached garage, tucked away in picturesque,
wooded setting surrounded by conservation land. Side door opens to
east facing patio with private & tranquil views of tree studded,
lawn area. Perks of gas heat & central A/C with pine flooring.
Minutes to Amherst Center, Amherst College or UMass; easy access to
Routes 9 & 116.
Unit Size
650 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
Condo
Property Taxes
$159
HOA Dues
$151
Year Built
1973
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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: 4 years ago (MLSPIN #70620679)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2023 | In contract | - | |
| In contract | |||
| Apr 7, 2023 | Listed by Cohn & Company | $190,000 | |
| Listed by Cohn & Company | |||
| | |||
|
Come and see this cozy Amherst condo in a desirable location! Located in close proximity to bus routes, bike baths ,walking trails and a 10 minute drive to UMASS! With this home's large industrial windows and french doors it boasts tons of natural light ! This comfortable space is also equipped with hardwood floors, a new washer and dryer and an updated kitchen ! Enjoy gardening in your own private outdoor space and have all the storage you'll need with your personal one car garage! Dont miss out on this gem and schedule a showing today.
| |||
| Sep 20, 2016 | Sold | ||
| Sold | |||
| Jun 16, 2016 | Listed by 5 College REALTORS® | $139,900 | |
| Listed by 5 College REALTORS® | |||
| | |||
|
You will love this charming Post & Beam one-bedroom condo, nestled in the woods and lovely setting,offers an open floor plan, high ceiling, hardwood floor throughout, built-ins, French door to private patio. New roof, new furnace ( 2015), new Bosch dishwasher, in-unit laundry with new high-end Bosch washer & dryer, gas heat. This unit has the luxury of central air for hot summer days and the convenient of one car garage. For the nature enthusiast, this desirable Ice Pond Woods residents enjoy nearby conservation areas, walking trails & access to bike path. Only minutes to shopping, restaurants, Amherst center & the 5 College.
| |||
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Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Hardwood
Level: First
Level: First
Features: Flooring - Hardwood, Dining Area
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Laundry Features: Washer Hookup
Rooms: 4
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Storage, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ice Pond Woods
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $121,600
Tax Annual Amount: $1,907
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $151
Community Features: Public Transportation, Pool, Tennis Court(s), Walk/Jog Trails, Medical Facility
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2023
|
1 Bed
|
1 Bath
|
650 ft²
|
$190,000
1 Bed
1 Bath
650 ft²
|
$205,000
+7.89%
05/12/2023
|
Sherri Willey
Jones Group REALTORS®
| |
|
06/16/2016
|
1 Bed
|
1 Bath
|
650 ft²
|
$139,900
1 Bed
1 Bath
650 ft²
|
$137,000
-2.07%
09/20/2016
|
Sally Malsch
5 College REALTORS®
| |
|
11/15/2010
|
1 Bed
|
1 Bath
|
650 ft²
|
$139,900
1 Bed
1 Bath
650 ft²
|
$139,900
12/23/2010
|
Jeremy Ober
The Murphys REALTORS®, Inc.
| |
|
07/24/2007
|
1 Bed
|
1 Bath
|
650 ft²
|
$134,900
1 Bed
1 Bath
650 ft²
|
$130,000
-3.63%
12/28/2007
|
Sally Malsch
5 College REALTORS®
|
Building Info
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