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Northampton 01062
12 Drewsen Drive
$323,500
● House - Off Market

12 Drewsen Drive

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$339,581
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

3 bed ranch in Florence, a village in Northampton. Hardwood Flooring , updated kitchen, fenced in yard, just a short distance to Ryan Road Elementary School and a few short miles to Florence center and Downtown Northampton.
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$309
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1961

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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: 5 months ago (MLSPIN #73075492)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Feb 3, 2023 In contract -
In contract
Feb 1, 2023 Listed by Ashton Realty Group $325,000
Listed by Ashton Realty Group
Dec 22, 2020 Sold
Premium
Sold
Oct 9, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 822200

Zoning

  • Zoning: SR

Geography

  • Parcel: NHAM M:0035 B:0114 L:0001
  • Block: 114
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3118
  • Longitude: -72.6987

    Address

  • Full Address: 12 Drewsen Dr
  • Address - House Number: 12
  • Address - Street Name: Drewsen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C016
  • 4-Digit Zip Code: 3546
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 334,567
  • High Value: 408,347
  • Low Value: 260,786

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,900
  • Assessed Land Value: $108,900
  • Assessed Improvements Value: $135,000

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2571
  • Previous Sale Recording Date: Dec 22, 2020
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $190,000
  • 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 Northampton

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$339

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1937 ft²

Average Home Age

84.4 years

Currently For Sale

65 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73075492

Frequently Asked Questions

When was property at 12 Drewsen Drive built and last sold?
The property at 12 Drewsen Drive was built in 1961 and last sold on Feb 22, 2023 for $323,500.
How much is this home worth?
The estimated value of the home located at 12 Drewsen Drive is $328,608.
What are some comparable homes to 12 Drewsen Drive?
There are currently no comparable homes to 12 Drewsen Drive.
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