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Palmer Town 01080
121 Bourne St
$115,000
● House - Off Market

121 Bourne St

Palmer, MA 01080
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,326 Ft²
$182,676
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Looking for love and TLC. Terrific location in Three Rivers. Interior updates and cosmetics will make this home a gem! Many big ticket items have been done, newer roof, furnace, oil tank, water heater, replacement windows, chimney rebuilt w/ liner (APO). Large enclosed front porch, big kitchen. Two, perhaps 3 bedrooms and a nook upstairs, possible additional bedroom on first floor. No heat on second floor. Wonderful yard, almost 2.5 acres, goes back to the river!  Garage, shed. Town water / sewer. May not qualify for all financing. Conventional, rehab possible, cash is best option. Being sold as-is. Inspections for information only. Buyer responsible for smoke certs. Contractors / flippers come take a look. Sellers looking for quick sale.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
2.42 acres
Price per sqft
$91
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1900

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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 #72378718)

Price History

Date / Event Date Event Price
Feb 20, 2019 Sold
Premium
Sold
Aug 14, 2018 Listed by MA Homes, LLC $121,000
Listed by MA Homes, LLC
Mar 28, 2005 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 105,415
  • Total Building Area: 1,326
  • Gross Building Area: 2,154
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002420
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:71 B:60
  • Block: 60
  • Municipality: PALMER
  • Latitude: 42.1815
  • Longitude: -72.355

    Address

  • Full Address: 121 Bourne St
  • Address - House Number: 121
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1307
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $259,700

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 200,678
  • High Value: 243,119
  • Low Value: 158,237

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,700
  • Assessed Land Value: $75,100
  • Assessed Improvements Value: $56,600

    Sales

  • Current Sale Contract Date: Feb 13, 2019
  • Current Sale Recording Date: Feb 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8921
  • Previous Sale Recording Date: Mar 28, 2005
  • Previous Sale Amount: $50,000
  • 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:

$339,900

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2287 ft²

Average Home Age

71.7 years

Currently For Sale

29 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# 72378718

Frequently Asked Questions

When was property at 121 Bourne Street built and last sold?
The property at 121 Bourne Street was built in 1900 and last sold on Feb 13, 2019 for $115,000.
How much is this home worth?
The estimated value of the home located at 121 Bourne Street is $135,768.
What are some comparable homes to 121 Bourne Street?
There are currently no comparable homes to 121 Bourne Street.
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