D
Seller's Agent in 2018
Diane Lecca
Bernashe Realty, Inc
(239) 732-7837
1 Total Sale
24 W State St Granby, MA 01033
Estimated Value: $4,376,034
34
Beds
32
Baths
14,500
Sq Ft
$302/Sq Ft
Est. Value
About This Home
As of October 2018Stony Brook Lodge is located in 3 different buildings and has a total of 32 apartments. Has 2 -2 bedroom, 4 rm apts, and 30 - 3 rm, 1 brm apts. - Located on Rt. 202-Presently,rented out with 1 year leases or buyer has option to rent out furnished units for corporate housing with Motel/Hotel license included with the sale. Units include central heat, central a/c, gas hot water, wireless internet and cable TV. Two laundry rooms with a total of 4 washers and 4 gas dryers. NOI- $286,476.00, Cap Rate - over 9 %.Owner will financing to qualified buyer with 25 % down, 3 yr. arm. Non smoking in all 3 buildings. Potential buyer needs proof of funds and pre approval letter to view apartments. Apartments are 100 % occupied and 0 vacancy rate. Attracts Mt. Holyoke College, U. Mass. Hampshire College grad students as well as Town employees from S. Hadley, Ludlow, Springfield, and Chicopee. Holding all last mos. and security deposits on 31 units. Sec. deposit in the amount of rent.
Last Buyer's Agent
Tyler Saremi
NRG Real Estate Services, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $48,134
Year Built
- Built in 1998
Lot Details
- 2.2
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2018
Closed on
Oct 9, 2018
Sold by
Pleasant Valley Estate
Bought by
Saremi Llp
Seller's Agent
Diane Lecca
Bernashe Realty, Inc
Buyer's Agent
Tyler Saremi
NRG Real Estate Services, Inc.
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,576,034
Avg. Annual Appreciation
6.59%
Original Mortgage
$2,100,000
Outstanding Balance
$1,842,559
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$2,483,925
Purchase Details
Closed on
Jun 26, 1998
Sold by
Shah Navin and Shah Ochhav C
Bought by
Pleasant Valley Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saremi Llp | $2,800,000 | -- | |
| Pleasant Valley Inc | $52,000 | -- | |
| Pleasant Valley Inc | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saremi Llp | $2,100,000 | |
| Closed | Saremi Llp | $2,100,000 | |
| Previous Owner | Shah Navin | $24,175 | |
| Previous Owner | Shah Navin | $290,000 | |
| Previous Owner | Shah Navin | $685,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2018 10/12/18 | Sold | $2,800,000 | -6.6% | $193 / Sq Ft |
| 08/24/2018 08/24/18 | Pending | -- | -- | -- |
| 08/02/2018 08/02/18 | For Sale | $2,999,000 | -- | $207 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $48,134 | $3,131,700 | $247,900 | $2,883,800 |
| 2024 | $47,856 | $3,121,700 | $237,900 | $2,883,800 |
| 2023 | $48,654 | $2,843,600 | $217,900 | $2,625,700 |
| 2022 | $50,965 | $2,673,900 | $217,900 | $2,456,000 |
| 2021 | $53,077 | $2,673,900 | $217,900 | $2,456,000 |
| 2020 | $52,760 | $2,668,700 | $213,100 | $2,455,600 |
| 2019 | $21,788 | $1,125,400 | $183,800 | $941,600 |
| 2018 | $20,713 | $1,039,300 | $181,700 | $857,600 |
| 2017 | $18,811 | $1,039,300 | $181,700 | $857,600 |
| 2016 | $18,166 | $962,700 | $168,900 | $793,800 |
| 2015 | $17,627 | $962,700 | $168,900 | $793,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
T
Buyer's Agent in 2018
Tyler Saremi
NRG Real Estate Services, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72372680
APN: GRAN-000004AA000000-000001
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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