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Palmer Town 01069
109 River St
$335,000
● House - Off Market

109 River St

Palmer, MA 01069
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$361,869
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Plenty of room to roam inside and out with this Farmhouse Cape sitting on 1.37 acres of land. The first floor features two bedrooms, one of which could be the primary, plus a full bath. The spacious living room, opens to the dining area and kitchen with stainless steel appliances, and center island. Just off the dining area sliders to the deck overlooking your large flat backyard with a wooded backdrop. The second floor features a generous sized bedroom (could be a 2nd primary) w/ dual closets. A walk in closet is located just outside the bedroom, along with a full bath and a fourth bedroom. You are going to love the attached 2 car garage with extra storage. All this with city water and sewer!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$219
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
2002

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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: 5 months ago (MLSPIN #72993330)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
Jun 7, 2022 Listed by ROVI Homes $350,000
Listed by ROVI Homes
May 29, 2015 Sold
Premium
Sold
Feb 26, 2015 Listed by ROVI Homes $210,000
Listed by ROVI Homes
Mar 27, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 1,166
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 1,596
  • Gross Building Area: 3,684
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001370
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810200

Geography

  • Parcel: PALM M:83 B:33
  • Block: 33
  • Municipality: PALMER
  • Latitude: 42.1882
  • Longitude: -72.3221

    Address

  • Full Address: 109 River St
  • Address - House Number: 109
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9508
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $637,500

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 367,628
  • High Value: 441,311
  • Low Value: 293,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,800
  • Assessed Land Value: $61,900
  • Assessed Improvements Value: $255,900

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47085
  • Previous Sale Recording Date: May 29, 2015
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
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

$225

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2320 ft²

Average Home Age

68.6 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: 5 months ago
Data Source: MLS PIN, MLS# 72993330

Frequently Asked Questions

When was property at 109 River Street built and last sold?
The property at 109 River Street was built in 2002 and last sold on Aug 3, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 109 River Street is $346,449.
What are some comparable homes to 109 River Street?
There are currently no comparable homes to 109 River Street.
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