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Franklin
88 Cave Hill Road
$165,000
● House - Off Market

88 Cave Hill Road

Leverett, MA 01054
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,083 Ft²
$311,259
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Remember the 1950's & Knotty Pine???  This sweet ranch remembers.  The land surrounded by stone walls, is level,open & lovely. This property is needy, but offers a lot to buyers.  See disclosures below.  Plaster walls, solid construction & a "you can't beat it" price make this a must-see for the right buyers.  Amherst Schools, cable hook-up on the street, an in-ground pool, a breezeway which leads to a 1-car attached garage, a "not-so-sturdy" shed & very attractive built-ins through-out the house.
Unit Size
1,083 Ft²
Days on Market
-
Land Size
3.85 acres
Price per sqft
$171
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
2017

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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 #72059873)

Price History

Date / Event Date Event Price
Dec 21, 2016 Sold
Premium
Sold
Aug 30, 2016 Listed by Jones Group REALTORS® $185,000
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 168,028
  • Total Building Area: 3,519
  • Gross Building Area: 3,911
  • Building Area: 3,519
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,519
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003857
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Leverett School District
  • Census Tract: 040600

Geography

  • Account Number: Jan 01, 1970
  • Parcel: LEVE M:0001 B:0000 L:0074
  • Lot: 74
  • Municipality: LEVERETT
  • Latitude: 42.4957
  • Longitude: -72.4955

    Address

  • Full Address: 88 Cave Hill Rd
  • Address - House Number: 88
  • Address - Street Name: Cave Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Leverett
  • Carrier Code: H061
  • 4-Digit Zip Code: 9722
  • Zip Code: 01054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $773,700

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 567,234
  • High Value: 698,797
  • Low Value: 435,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,200
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $407,300

    Sales

  • Current Sale Recording Date: Dec 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14373
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

58

Average Home Size

2189 ft²

Average Home Age

99.6 years

Currently For Sale

152 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# 72059873

Frequently Asked Questions

When was property at 88 Cave Hill Road built and last sold?
The property at 88 Cave Hill Road was built in 2017 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 88 Cave Hill Road is $188,945.
What are some comparable homes to 88 Cave Hill Road?
There are currently no comparable homes to 88 Cave Hill Road.
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