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Hampden
89 Richmond Rd
$306,000
● House - Off Market

89 Richmond Rd

Ludlow, MA 01056
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,363 Ft²
$298,784
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

ONE FLOOR living, superb location, great layout + ROOM TO GROW w/the unfinished 672sq ft. per public records walk up 2nd level make this EXPANDABLE CAPE style home a WINNER! So many desirable features such as: an OPEN FLOOR PLAN kit/LR/DR area; central AC; replacement windows; wood floors in living, dining & bedrooms; wonderful 192sq ft. 3 season sunroom (not included in square footage); attached 2 car garage AND you'll love the beautiful 1/3+ acre level lot w/sprinkler system!  This location is A+ as it is in close proximity to the scenic Ludlow Reservoir Trail, Vanished Valley Brewery, Randalls Farm and Greenhouse, the Mass Pike + many other retail & food establishments. Bring your vision and you will see that this home with some updating will be a stunner! NOT FOR RENT.
Unit Size
1,363 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$220
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1959

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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 #73161221)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 25, 2023 In contract -
In contract
Sep 20, 2023 Listed by ROVI Homes $299,900
Listed by ROVI Homes

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 15,596
  • Total Building Area: 1,363
  • Gross Building Area: 3,927
  • Building Area: 1,363
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,363
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000358
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ludlow School District
  • School Tax School District: LUDLOW SD
  • Census Tract: 810414

Zoning

  • Zoning: RES A

Geography

  • Account Number: 7097
  • District: 161
  • Parcel: LUDL M:17D B:12700 P:78
  • Block: 12700
  • Municipality: LUDLOW
  • Latitude: 42.185
  • Longitude: -72.4619

    Address

  • Full Address: 89 Richmond Rd
  • Address - House Number: 89
  • Address - Street Name: Richmond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ludlow
  • Carrier Code: C010
  • 4-Digit Zip Code: 1437
  • Zip Code: 01056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $545,200

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 307,744
  • High Value: 383,726
  • Low Value: 231,762

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,400
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $192,400

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 49986
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2133 ft²

Average Home Age

77.7 years

Currently For Sale

822 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73161221

Frequently Asked Questions

When was property at 89 Richmond Road built and last sold?
The property at 89 Richmond Road was built in 1959 and last sold on Oct 20, 2023 for $306,000.
How much is this home worth?
The estimated value of the home located at 89 Richmond Road is $305,743.
What are some comparable homes to 89 Richmond Road?
There are currently no comparable homes to 89 Richmond Road.
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