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Franklin
97 Cave Hill Rd
Photo of 97 Cave Hill Rd
Sold on Sep 24, 2025

42

Map

Photo of 97 Cave Hill Rd
Photo of 97 Cave Hill Rd
$598,500
● House - Off Market

97 Cave Hill Rd

Leverett, MA 01054
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,100 Ft²
$3,711
Est. Monthly
3.21%
Cap Rate

About This Property

Surrounded by over 100 acres of protected land and trails, find peace and tranquility. Offering space both inside and out for everything you could want. The first floor has dining room opening up to the kitchen then inviting you through the sliding door to the back deck to enjoy the serene landscape while you bbq or just enjoy a cup of coffee. The oversized living room lets in beautiful natural light. The second floor offers 3 bedrooms all with ample closet space, a large full bath and laundry. The walk up attic can easily be finished or just kept as storage. The basement is partially finished and currently being used as a home office with a half bath and walk out access. Come sit around the fire pit and enjoy all this home has to offer. Just minutes from the Peace Pagoda and Lake Wyola.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
2.52 acres
Price per sqft
$205
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
2007

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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: 5 months ago (MLSPIN #73381610)

Price History

Date / Event Date Event Price
Sep 24, 2025 Sold
Premium
Sold
Sep 3, 2025 In contract -
In contract
Jul 9, 2025 Price Decreased $635,000
↓ $15K (2.3%)
Price Decreased
Jun 16, 2025 Price Decreased $650,000
↓ $25K (3.7%)
Price Decreased
May 28, 2025 Listed by Coldwell Banker Community REALTORS® $675,000
Listed by Coldwell Banker Community REALTORS®
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,742
  • Total Building Area: 3,100
  • Gross Building Area: 5,336
  • Building Area: 3,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 3,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001417
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 1-0-59A
  • Parcel: LEVE M:0001 B:0000 L:059A
  • Lot: 59A
  • Municipality: LEVERETT
  • Latitude: 42.4969
  • Longitude: -72.4981

    Address

  • Full Address: 97 Cave Hill Rd
  • Address - House Number: 97
  • 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: $710,500

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 493,693
  • High Value: 615,489
  • Low Value: 371,897

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $452,000
  • Assessed Land Value: $75,100
  • Assessed Improvements Value: $376,900

    Sales

  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10935
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Amount: $60,000
  • 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

$234

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2265 ft²

Average Home Age

99.7 years

Currently For Sale

148 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73381610

Frequently Asked Questions

When was property at 97 Cave Hill Road built and last sold?
The property at 97 Cave Hill Road was built in 2007 and last sold on Jan 1, 1970 for $349,000.
How much is this home worth?
The estimated value of the home located at 97 Cave Hill Road is $624,051.
What are some comparable homes to 97 Cave Hill Road?
There are currently no comparable homes to 97 Cave Hill Road.
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