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Palmer Town 01095
115 Laurel Rd
$199,000
● House - Off Market

115 Laurel Rd

Palmer, MA 01095
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$304,928
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

This  dead-end road is a great location, location, location for this four bedroom home that is waiting for you!  There are lovely new floors in the dining room, living room and hallway.   The kitchen is open to the large dining room.  No fighting for the bathroom with two full baths with one on each floor.  Master bedroom and two other bedrooms on the second floor.   The first floor bedroom could be an office, den, playroom or bedroom ..... options!   Call today for your viewing.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$113
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1974

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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 #72227212)

Price History

Date / Event Date Event Price
Feb 16, 2018 Sold
Premium
Sold
Sep 12, 2017 Listed by Landmark, REALTORS® $194,900
Listed by Landmark, REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,022
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,665
  • Total Building Area: 1,728
  • Gross Building Area: 2,592
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000566
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:10 B:23
  • Block: 23
  • Municipality: PALMER
  • Latitude: 42.1658
  • Longitude: -72.3864

    Address

  • Full Address: 115 Laurel Rd
  • Address - House Number: 115
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilbraham
  • Carrier Code: R004
  • 4-Digit Zip Code: 9702
  • Zip Code: 01095

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 340,434
  • High Value: 401,694
  • Low Value: 279,174

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,800
  • Assessed Land Value: $64,800
  • Assessed Improvements Value: $186,000

    Sales

  • Current Sale Contract Date: Jan 22, 2018
  • Current Sale Recording Date: Feb 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 213601
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

2317 ft²

Average Home Age

74.9 years

Currently For Sale

27 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# 72227212

Frequently Asked Questions

When was property at 115 Laurel Road built and last sold?
The property at 115 Laurel Road was built in 1974 and last sold on Jan 22, 2018 for $199,000.
How much is this home worth?
The estimated value of the home located at 115 Laurel Road is $205,422.
What are some comparable homes to 115 Laurel Road?
There are currently no comparable homes to 115 Laurel Road.
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