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Hampshire
97 Rocky Hill Road
$105,000
● Land - Off Market

97 Rocky Hill Road

Hadley, MA 01035
bedrooms
Studio
bathrooms
0 Bath
$163,229
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Bring your builder and build your dream home on this 1.16 acre building lot.  Location is just minutes to area colleges and shopping.  Water and electric at the street.  Private sewer, but there is a perc test in hand.  Perfect opportunity to live in the town of Hadley.  Call team member listed below with any questions.  Do not let this opportunity get away.
Unit Size
-
Days on Market
-
Land Size
1.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$122
HOA Dues
-
Year Built
2020

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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 #72419387)

Price History

Date / Event Date Event Price
Apr 12, 2019 Sold
Premium
Sold
Nov 2, 2018 Listed by Keller Williams Realty $110,000
Listed by Keller Williams Realty
Oct 23, 2014 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 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: 50,473
  • Total Building Area: 1,200
  • Gross Building Area: 2,650
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001159
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hadley School District
  • School Tax School District: HADLEY SD
  • Census Tract: 821400

Zoning

  • Zoning: AR

Geography

  • Account Number: 10/C 49/ 1
  • Parcel: HADL M:0010C B:0049 L:0001
  • Block: 49
  • Lot: 1
  • Municipality: HADLEY
  • Latitude: 42.3622
  • Longitude: -72.5621

    Address

  • Full Address: 97 Rocky Hill Rd
  • Address - House Number: 97
  • Address - Street Name: Rocky Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hadley
  • Carrier Code: R014
  • 4-Digit Zip Code: 9465
  • Zip Code: 01035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $572,300

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 602,701
  • High Value: 695,014
  • Low Value: 510,389

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,500
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $381,500

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5650
  • Previous Sale Recording Date: Oct 23, 2014
  • Previous Sale Amount: $97,500
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2079 ft²

Average Home Age

70.5 years

Currently For Sale

352 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: 5 months ago
Data Source: MLS PIN, MLS# 72419387

Frequently Asked Questions

When was property at 97 Rocky Hill Road built and last sold?
The property at 97 Rocky Hill Road was built in 2020 and last sold on Apr 9, 2019 for $105,000.
How much is this home worth?
The estimated value of the home located at 97 Rocky Hill Road is $111,100.
What are some comparable homes to 97 Rocky Hill Road?
There are currently no comparable homes to 97 Rocky Hill Road.
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