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Palmer Town 01069
1051 Overlook Dr
$171,000
● House - Off Market

1051 Overlook Dr

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$302,073
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

GLEAMING hardwood floors await you in this very well maintained ranch! Conveniently located off of Rte 20 and very short commute to MA Pike. Prepare dinner in the new kitchen on the NEW STOVE (2016) and newer appliances. The updated bath is very roomy and clean! The basement offers a large CEDAR CLOSET and a finished area with FIREPLACE. Enjoy the sun and breeze in the large screened porch that overlooks the well maintained yard. Perfect for the kiddos -furry or not-. Or even just some bird watching. NEW FURNACE 2014 and NEWer windows, siding and roof. All the big things have been done for you! This home is move in ready AND was very loved by it's prenervious owner!!  TELL YOUR AGENT!!!  TELL YOUR BUYERS!!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$165
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1961

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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 #72096816)

Price History

Date / Event Date Event Price
Jan 31, 2017 Sold
Premium
Sold
Nov 28, 2016 Listed by BKaye Realty $179,900
Listed by BKaye Realty
Apr 10, 2015 Sold
Premium
Sold
Sep 3, 2014 Listed by BKaye Realty $184,000
Listed by BKaye Realty
Apr 28, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 11
  • 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: 18,200
  • Total Building Area: 1,092
  • Gross Building Area: 2,676
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000418
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:11 B:86
  • Block: 86
  • Municipality: PALMER
  • Latitude: 42.1629
  • Longitude: -72.3546

    Address

  • Full Address: 1051 Overlook Dr
  • Address - House Number: 1051
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Palmer
  • Carrier Code: R003
  • 4-Digit Zip Code: 9307
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,000

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 284,067
  • High Value: 355,684
  • Low Value: 212,449

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,400
  • Assessed Land Value: $51,400
  • Assessed Improvements Value: $193,000

    Sales

  • Current Sale Recording Date: Jan 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5774
  • Previous Sale Recording Date: Apr 10, 2015
  • Previous Sale Amount: $179,250
  • Previous Sale Document Type: O
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

2269 ft²

Average Home Age

74.9 years

Currently For Sale

28 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# 72096816

Frequently Asked Questions

When was property at 1051 Overlook Drive built and last sold?
The property at 1051 Overlook Drive was built in 1961 and last sold on Jan 1, 1970 for $173,000.
How much is this home worth?
The estimated value of the home located at 1051 Overlook Drive is $186,258.
What are some comparable homes to 1051 Overlook Drive?
There are currently no comparable homes to 1051 Overlook Drive.
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