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Franklin 01344
93 Mountain Rd
$370,000
● House - Off Market

93 Mountain Rd

Erving, MA 01344
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$355,996
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Come see this beautiful colonial today!  This 5 bedroom, 2.5 bathroom home sits on over 16 acres!  The 1st-floor features an eat-in kitchen, a formal dining room, a large living room, a sitting room and a half bathroom.  The 2nd-floor features 4 good-sized bedrooms and 2 full bathrooms.  The main bedroom features a huge walk-in closet as well as a full bathroom with double vanity, tub and separate shower.  The 5th bedroom is located in the partially finished walkout basement.  Hangout in your private backyard, hike around on your very own 16 acres or just relax on the newly upgraded composite deck!  Come see this home today!!!  Offer deadline Monday 3/27 at 5pm.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
16.30 acres
Price per sqft
$140
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
2003

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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 #73090311)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Mar 29, 2023 In contract -
In contract
Mar 22, 2023 Listed by Keller Williams Realty North Central $349,900
Listed by Keller Williams Realty North Central
Oct 8, 2002 Sold
Premium
Sold
Sep 7, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 710,028
  • Total Building Area: 2,352
  • Gross Building Area: 3,752
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000016300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gill-Montague School District in Erving (7-12)
  • Census Tract: 040400

Zoning

  • Zoning: R

Geography

  • Parcel: ERVI M:003 B:000 L:066
  • Lot: 66
  • Municipality: ERVING
  • Latitude: 42.6141
  • Longitude: -72.4103

    Address

  • Full Address: 93 Mountain Rd
  • Address - House Number: 93
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Erving
  • Carrier Code: R001
  • 4-Digit Zip Code: 9723
  • Zip Code: 01344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $269,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 402,318
  • High Value: 506,049
  • Low Value: 298,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,400
  • Assessed Land Value: $101,300
  • Assessed Improvements Value: $236,100

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3189
  • Previous Sale Recording Date: Oct 08, 2002
  • Previous Sale Amount: $17,500
  • Previous Sale Document Type: 27
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

59

Average Home Size

2176 ft²

Average Home Age

100.2 years

Currently For Sale

156 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# 73090311

Frequently Asked Questions

When was property at 93 Mountain Road built and last sold?
The property at 93 Mountain Road was built in 2003 and last sold on Apr 28, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 93 Mountain Road is $355,399.
What are some comparable homes to 93 Mountain Road?
There are currently no comparable homes to 93 Mountain Road.
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