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Hampshire 01002
979 Bay Rd
$515,000
● House - Off Market

979 Bay Rd

Amherst, MA 01002
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$3,256
Est. Monthly

About This Property

Expect to be impressed with this very well maintained Cape style home situated on a beautiful 1.98 acre lot surrounded by conservation land and abuts the Holyoke Range State Park. This UPDATED HOME features 4 spacious bedrooms and 2 upgraded bathrooms. The living room with beamed wood ceiling, opens up to a stylish kitchen with large island. The first floor has hard-wood flooring / carpet and pellet stove. Several windows and doors have been replaced. Has cost-saving Solar Panels. Kitchen appliances and washer/dryer to remain.  The landscaped property boasts a variety of perennials and flowering trees. You will discover miles of hiking trails from the backyard! Showings are deferred until the Open House Sunday January 21 from 11-12:30
Unit Size
1,944 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$270
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1860

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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 #73180902)

Price History

Date / Event Date Event Price
May 7, 2024 Sold
Premium
Sold
Mar 21, 2024 In contract -
In contract
Mar 18, 2024 Price Decreased $524,900
↓ $15K (2.8%)
Price Decreased
Dec 28, 2023 Price Increased $539,900
↑ $15K (2.9%)
Price Increased
Nov 16, 2023 Listed by Berkshire Hathaway HomeServices Realty Professionals $524,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,249
  • Total Building Area: 1,944
  • Gross Building Area: 3,240
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVID N & PHYLLIS H SMITH SURV
  • Land Acres: 0000001980
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amherst School District
  • Census Tract: 820801

Geography

  • Account Number: 30A000008
  • District: 8
  • Parcel: AMHE M:0030A B:0000 L:0008
  • Lot: 8
  • Municipality: AMHERST
  • Latitude: 42.3144
  • Longitude: -72.4829

    Address

  • Full Address: 979 Bay Rd
  • Address - House Number: 979
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Amherst
  • Carrier Code: R001
  • 4-Digit Zip Code: 3557
  • Zip Code: 01002

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $848,900

    Appraisal Valuation

  • Standard Deviation: 0.0897
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 535,652
  • High Value: 583,722
  • Low Value: 487,583

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,600
  • Assessed Land Value: $166,500
  • Assessed Improvements Value: $292,100

    Sales

  • Current Sale Recording Date: Apr 20, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00009487
  • Previous Sale Recording Date: Apr 13, 2007
  • Previous Sale Amount: $125,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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# 73180902

Frequently Asked Questions

When was property at 979 Bay Road built and last sold?
The property at 979 Bay Road was built in 1860 and last sold on Jan 1, 1970 for $303,500.
How much is this home worth?
The estimated value of the home located at 979 Bay Road is $498,896.
What are some comparable homes to 979 Bay Road?
There are currently no comparable homes to 979 Bay Road.
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