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Palmer Town 01069
1040 Circle Drive
$165,000
● House - Off Market

1040 Circle Drive

Palmer, MA 01069
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,260 Ft²
$330,161
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

MOVE IN READY RAISED RANCH!! 4 Bedrooms, 1 Full Bath, 2 Half Baths in Palmer! Beautiful Wooden Cabinets in Kitchen with window facing the Pool! Hardwood floors throughout the first floor. Living Room and Large Basement Bedroom contain a fireplace! Large Two Car Garage and Paved Driveway! New Pool Filter and Hot Water Tank that is less than a year old!! Close to Shopping, Highway Access, Parks, Medical Facilities, and Public Schools!! Come See Today!!!
Unit Size
2,260 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$75
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1967

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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 #71476975)

Price History

Date / Event Date Event Price
Jan 17, 2014 Sold
Premium
Sold
Jan 29, 2013 Listed by McGeough Lamacchia Realty, Inc $169,900
Listed by McGeough Lamacchia Realty, Inc
May 18, 2006 Sold
Premium
Sold
Mar 7, 2006 Listed by McGeough Lamacchia Realty, Inc $259,900
Listed by McGeough Lamacchia Realty, Inc
Dec 20, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 16,380
  • Total Building Area: 2,260
  • Gross Building Area: 3,440
  • Building Area: 2,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:8 B:21
  • Block: 21
  • Municipality: PALMER
  • Latitude: 42.151
  • Longitude: -72.305

    Address

  • Full Address: 1040 Circle Dr
  • Address - House Number: 1040
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Palmer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1912
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,400

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 329,734
  • High Value: 392,893
  • Low Value: 266,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,900
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $224,500

    Sales

  • Current Sale Recording Date: Jan 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 18, 2006
  • Previous Sale Amount: $257,500
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2255 ft²

Average Home Age

73.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71476975

Frequently Asked Questions

When was property at 1040 Circle Drive built and last sold?
The property at 1040 Circle Drive was built in 1967 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 1040 Circle Drive is $194,863.
What are some comparable homes to 1040 Circle Drive?
There are currently no comparable homes to 1040 Circle Drive.
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