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Northampton 01060
1 Edgewood Terrace
$340,000
● House - Off Market

1 Edgewood Terrace

Northampton, MA 01060
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$590,972
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Walk to vibrant downtown Northampton from this 4 bedroom, 2 bath American Four Square.  Many original details including custom woodwork, columns, window seat and hardwood floors. Comfortable floor plan; open living and dining room, graceful foyer and tastefully updated kitchen with spacious pantry.  Three bedrooms, office space and full bath on second floor.  Third floor master with en suite bathroom.  Updated wiring, new furnace, new HW heater are just some of the improvements.  Small manageable lot on quiet dead-end street will provide you with ample relaxation time to enjoy the three season porch or everything downtown living has to offer.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$175
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1917

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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 #71972165)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Mar 14, 2016 Listed by Maple and Main Realty, LLC $349,900
Listed by Maple and Main Realty, LLC
Jun 29, 2007 Sold
Premium
Sold
Jul 12, 2006 Listed by Maple and Main Realty, LLC $299,900
Listed by Maple and Main Realty, LLC
May 26, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,215
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821903

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:038B B:0041 L:0001
  • Block: 41
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3121
  • Longitude: -72.6354

    Address

  • Full Address: 1 Edgewood Ter
  • Address - House Number: 1
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Northampton
  • Carrier Code: C003
  • 4-Digit Zip Code: 4005
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858,100

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 632,155
  • High Value: 760,454
  • Low Value: 503,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,700
  • Assessed Land Value: $188,500
  • Assessed Improvements Value: $353,200

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18063
  • Previous Sale Recording Date: Jun 29, 2007
  • Previous Sale Amount: $287,000
  • 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 Northampton

Stats & Trends

Median Asking:

$547,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1918 ft²

Average Home Age

85.1 years

Currently For Sale

67 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# 71972165

Frequently Asked Questions

When was property at 1 Edgewood Terrace built and last sold?
The property at 1 Edgewood Terrace was built in 1917 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 1 Edgewood Terrace is $365,666.
What are some comparable homes to 1 Edgewood Terrace?
There are currently no comparable homes to 1 Edgewood Terrace.
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