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Hampshire 01002
870 Bay Rd
$427,000
● House - Off Market

870 Bay Rd

Amherst, MA 01002
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,356 Ft²
$688,392
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

If you are looking for character, charm and history then this is a must see home. Come check out all this 3 bedroom 2 bath Antique Saltbox has to offer. 3 incredible rooms on the 1st floor all with large fireplaces and wide pine flooring as well as a guest bedroom. The 2nd floor has 2 very large bedrooms, a bath and a bonus room to be used anyway that suits you. As you walk the grounds outside you will discover a restored timber frame Barn with oak flooring. A little deeper into this amazing yard there is 2,500 square foot Pole Barn with a newly poured cement floor. This is a truly remarkable "compound"
Unit Size
2,356 Ft²
Days on Market
-
Land Size
3.60 acres
Price per sqft
$199
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1760

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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: 4 months ago (MLSPIN #72546156)

Price History

Date / Event Date Event Price
Oct 16, 2019 Sold
Premium
Sold
Aug 7, 2019 Listed by Jones Group REALTORS® $470,000
Listed by Jones Group REALTORS®
Dec 22, 2017 Sold
Premium
Sold
Sep 7, 2017 Listed by Jones Group REALTORS® $419,000
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1760
  • Effective Year Built: 1760
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 300
  • 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: 87,120
  • Total Building Area: 3,004
  • Gross Building Area: 5,332
  • Building Area: 3,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 3,004
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820801

Geography

  • District: 8
  • Parcel: AMHE M:0027C B:0000 L:0056
  • Lot: 56
  • Municipality: AMHERST
  • Latitude: 42.3164
  • Longitude: -72.4874

    Address

  • Full Address: 870 Bay Rd
  • Address - House Number: 870
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R001
  • 4-Digit Zip Code: 3556
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,070,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 640,541
  • High Value: 757,908
  • Low Value: 523,175

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,300
  • Assessed Land Value: $166,600
  • Assessed Improvements Value: $411,700

    Sales

  • Current Sale Contract Date: Oct 08, 2019
  • Current Sale Recording Date: Oct 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20255
  • Previous Sale Recording Date: Dec 22, 2017
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O
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 Hampshire

Stats & Trends

Median Asking:

$463,750

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2086 ft²

Average Home Age

69.1 years

Currently For Sale

354 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# 72546156

Frequently Asked Questions

When was property at 870 Bay Road built and last sold?
The property at 870 Bay Road was built in 1760 and last sold on Oct 8, 2019 for $427,000.
How much is this home worth?
The estimated value of the home located at 870 Bay Road is $482,164.
What are some comparable homes to 870 Bay Road?
There are currently no comparable homes to 870 Bay Road.
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