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South Amherst 01002
870 South East St.
$437,500
● House - Off Market

870 South East St.

Amherst, MA 01002
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,304 Ft²
$681,031
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

One of a kind beautifully renovated turn of the century farmhouse with commanding views of the Pelham Hills and Holyoke Range on picturesque South East Street – the scenic corridor of Amherst! Quintessential private property – almost 2 acres - surrounded by mature trees and nestled among hundreds of acres of protected agricultural land. Renovations include new windows, siding, and roof. Large eat-in kitchen with custom cabinetry and new stainless appliances. 4 bedrooms, a nursery, 2 large updated full baths and first floor laundry. Partially finished cellar with potential for home office with separate entry. Two-car carport, town water and sewer.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$187
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
1880

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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 years ago (MLSPIN #72182998)

Price History

Date / Event Date Event Price
Jun 18, 2019 Sold
Premium
Sold
Dec 18, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by Jones Group REALTORS® $429,900
Listed by Jones Group REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 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: 80,113
  • Total Building Area: 2,304
  • Gross Building Area: 5,256
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001839
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 20B000025
  • District: 8
  • Parcel: AMHE M:0020B B:0000 L:0025
  • Lot: 25
  • Municipality: AMHERST
  • Latitude: 42.3467
  • Longitude: -72.5036

    Address

  • Full Address: 870 S East St
  • Address - House Number: 870
  • Street Direction: S
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amherst
  • Carrier Code: R001
  • 4-Digit Zip Code: 3047
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,108,600

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 656,680
  • High Value: 755,755
  • Low Value: 557,604

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,900
  • Assessed Land Value: $202,900
  • Assessed Improvements Value: $396,000

    Sales

  • Current Sale Contract Date: Jun 18, 2019
  • Current Sale Recording Date: Jun 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10107
  • Previous Sale Recording Date: Dec 18, 2017
  • Previous Sale Amount: $437,500
  • 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 South Amherst

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$298

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1301 ft²

Average Home Age

57.8 years

Currently For Sale

12 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 years ago
Data Source: MLS PIN, MLS# 72182998

Frequently Asked Questions

When was property at 870 Southeast Street built and last sold?
The property at 870 Southeast Street was built in 1880 and last sold on Jun 18, 2019 for $230,000.
How much is this home worth?
The estimated value of the home located at 870 Southeast Street is $0.
What are some comparable homes to 870 Southeast Street?
There are currently no comparable homes to 870 Southeast Street.
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