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Palmer Town 01069
1038 Pine St.
$319,900
● House - Off Market

1038 Pine St.

Palmer, MA 01069
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,836 Ft²
$319,027
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

OFFER DEADLINE WEDNESDAY MAY 31ST AT 4PM. WE KINDLY ASK THAT YOU SUBMIT YOUR OFFER BY 4 PM WEDNESDAY AFTERNOON. THANK YOU.  lovely colonial home is conveniently situated downtown Palmer walkable to area amenities and in close proximity to major highways. Inside this freshly painted home, you will find lots of wood floors creating a warm inviting feel. The spacious living room features a fireplace and opens to the bright dining area. A first floor bedroom offers flexibility for many uses. The updated kitchen offers white cabinetry, brand new sparkle white quartz counters as well as new stainless steel appliances. Upstairs are 3 additional bedrooms with wood floors and an updated bathroom. This home is move in ready!
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$174
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1952

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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 #73114067)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
Jun 1, 2023 In contract -
In contract
May 26, 2023 Listed by Executive Real Estate, Inc. $319,900
Listed by Executive Real Estate, Inc.
Mar 17, 2023 Sold
Premium
Sold
Feb 7, 2023 Delisted -
Delisted
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,996
  • Total Building Area: 1,836
  • Gross Building Area: 2,892
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:61 B:177
  • Block: 177
  • Municipality: PALMER
  • Latitude: 42.1612
  • Longitude: -72.3315

    Address

  • Full Address: 1038 Pine St
  • Address - House Number: 1038
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1341
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,400

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 275,454
  • High Value: 326,920
  • Low Value: 223,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,800
  • Assessed Land Value: $46,100
  • Assessed Improvements Value: $135,700

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31329
  • Previous Sale Recording Date: Jul 05, 2023
  • Previous Sale Contract Date: Jun 29, 2023
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 21
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:

$339,900

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2287 ft²

Average Home Age

71.7 years

Currently For Sale

29 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# 73114067

Frequently Asked Questions

When was property at 1038 Pine Street built and last sold?
The property at 1038 Pine Street was built in 1952 and last sold on Jul 10, 2023 for $319,900.
How much is this home worth?
The estimated value of the home located at 1038 Pine Street is $318,809.
What are some comparable homes to 1038 Pine Street?
There are currently no comparable homes to 1038 Pine Street.
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