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Palmer Town 01069
1002 High St
$64,555
● House - Off Market

1002 High St

Palmer, MA 01069
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,217 Ft²
$82,381
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

CASH BUYERS ONLY... Developers, rehab, flippers take note.  This house is almost done. The house was in the middle of renovations and needs to be finished. Has 7new energy efficient style a/c heat wall units, 2 person jacuzzi tub and a lot more. Property is being sold As-is, where-is, Showings at open house. The driveway is in a bit of rough condition, traverse at your own risk. Buyers, to do your own due diligence. Trailer can remain for storage while working on house.HIGHEST AND BEST BY 02/14/2022 6 PM.
Unit Size
1,217 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$66
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72923900)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Nov 30, 2021 Listed by Landmark, REALTORS® $80,000
Listed by Landmark, REALTORS®

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 10,890
  • Total Building Area: 1,217
  • Gross Building Area: 2,524
  • Building Area: 1,217
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,217
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810100

Geography

  • Parcel: PALM M:7 B:7
  • Block: 7
  • Municipality: PALMER
  • Latitude: 42.1576
  • Longitude: -72.3217

    Address

  • Full Address: 1002 High St
  • Address - House Number: 1002
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1605
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $270,800

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 200,980
  • High Value: 245,057
  • Low Value: 156,903

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,300
  • Assessed Land Value: $41,000
  • Assessed Improvements Value: $98,300

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19536
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 Palmer Town

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2244 ft²

Average Home Age

76.3 years

Currently For Sale

30 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72923900

Frequently Asked Questions

When was property at 1002 High Street built and last sold?
The property at 1002 High Street was built in 1900 and last sold on Mar 16, 2022 for $64,555.
How much is this home worth?
The estimated value of the home located at 1002 High Street is $90,399.
What are some comparable homes to 1002 High Street?
There are currently no comparable homes to 1002 High Street.
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