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Northampton 01062
1036 Westhampton Road
$295,000
● House - Off Market

1036 Westhampton Road

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,199 Ft²
$303,098
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

ATTENTION BUILDERS, INVESTORS, CONTRACTORS,  AND BUYERS!!! Opportunity knocks! This is a rarely available 2.65-acre lot, zoned RR with an existing single family home that is currently generating solid rent. The lot has an approved for an additional single family home. Engineering plans are available upon request. Use the owner's approved plans, and start building as soon as you close, or come with your own plans. The parcel is located just a 10 minute drive outside the charming downtown of Northampton. Nearby are many area amenities including, supermarkets, schools, parks etc. Property being sold as is. Existing barn will not be shown due to safety.
Unit Size
1,199 Ft²
Days on Market
-
Land Size
2.65 acres
Price per sqft
$249
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1924

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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 #72895455)

Price History

Date / Event Date Event Price
Apr 13, 2022 Sold
Premium
Sold
Sep 15, 2021 Listed by Delap Real Estate LLC $299,000
Listed by Delap Real Estate LLC
Mar 13, 2019 Sold
Premium
Sold
Oct 18, 2018 Listed by Delap Real Estate LLC $129,000
Listed by Delap Real Estate LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 115,434
  • Total Building Area: 1,199
  • Gross Building Area: 1,199
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002650
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 822200

Zoning

  • Zoning: RR

Geography

  • Parcel: NHAM M:0042 B:0066 L:0001
  • Block: 66
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.2967
  • Longitude: -72.7187

    Address

  • Full Address: 1036 Westhampton Rd
  • Address - House Number: 1036
  • Address - Street Name: Westhampton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: R003
  • 4-Digit Zip Code: 9731
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 352,531
  • High Value: 421,008
  • Low Value: 284,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,000
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $186,800

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7854
  • Previous Sale Recording Date: Mar 13, 2019
  • Previous Sale Contract Date: Mar 07, 2019
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 54
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:

$525,000

Sale Price/ft²

$331

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1911 ft²

Average Home Age

78.5 years

Currently For Sale

75 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# 72895455

Frequently Asked Questions

When was property at 1036 Westhampton Road built and last sold?
The property at 1036 Westhampton Road was built in 1924 and last sold on Apr 13, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 1036 Westhampton Road is $301,450.
What are some comparable homes to 1036 Westhampton Road?
There are currently no comparable homes to 1036 Westhampton Road.
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