For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
Check Availability
Palmer Town 01069
123 Peterson Rd
Photo of 123 Peterson Rd

4

Map

Photo of 123 Peterson Rd
Photo of 123 Peterson Rd
$50,000
↓ $10K (16.7%)
● Land - For Sale

123 Peterson Rd

Palmer, MA 01069
bedrooms
Studio
bathrooms
0 Bath
$311
Est. Monthly

About This Property

This 1.75-acre wooded lot is zoned rural residential and is nestled between existing homes. Located less than two miles from Burleigh Park and the Midura Family Conservation Area, less than three miles from restaurants and shopping, and about three miles from the Mass Pike, this lot provides access to convenience while also having the goal of an aesthetically pleasing environment designed to protect open space, conservation, and protection of natural resources. Come see if this lot is right for you! Subject to a License to Sell from the Hampden County Probate Court. Buyer to perform all due diligence for feasibility and usage. Seller and brokerage make no representations of the accuracy of public information.
Unit Size
-
Days on Market
-
Land Size
1.75 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
-
Year Built
1938

Listed By

Cheryl Malandrinos
Berkshire Hathaway HomeServices Realty Professionals

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #73484521)

Price History

Date / Event Date Event Price
Jun 2, 2026 Price Decreased $50,000
↓ $10K (16.7%)
Price Decreased
Mar 10, 2026 Listed by HB Real Estate, LLC $60,000
Listed by HB Real Estate, LLC
Jun 11, 1992 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Wooded
Lot Size Area: 1.75
Lot Size Units: Acres
Lot Size Acres: 1.75
Lot Size Square Feet: 76230
Water Source: Private
Financial Details
Tax Assessed Value: $42,900
Tax Annual Amount: $779
Utilities Details
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 846
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,230
  • Total Building Area: 0
  • Gross Building Area: 3,814
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001750
  • Standard Land Use Code: 8012
  • County Land Use Code: 132

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810100

Geography

  • Parcel: PALM M:20 B:24
  • Block: 24
  • Municipality: PALMER
  • Latitude: 42.1784
  • Longitude: -72.2898

    Address

  • Full Address: 123 Peterson Rd
  • Address - House Number: 123
  • Address - Street Name: Peterson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9809
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $76,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,200
  • Assessed Land Value: $39,200

    Sales

  • Current Sale Recording Date: Jun 11, 1992
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 43
  • Current Sale Input Document Number: 100334
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:

$349,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2283 ft²

Average Home Age

68.7 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73484521

Frequently Asked Questions

When was property at 123 Peterson Road built and last sold?
The property at 123 Peterson Road was built in 1938 and last sold on Jan 1, 1970 for $15,000.
How much is this home worth?
The estimated value of the home located at 123 Peterson Road is $50,500.
What are some comparable homes to 123 Peterson Road?
There are currently no comparable homes to 123 Peterson Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Palmer Town Homes for Sale
Palmer Town Houses for Sale
Palmer Town Condos for Sale
Palmer Town Multifamily for Sale
Palmer Town Land for Sale
Palmer Town Commercial for Sale
Palmer Town Homes with Basements
Palmer Town Homes with Pools
Nearby Cities
Springfield Homes for Sale
Chicopee Homes for Sale
Longmeadow Homes for Sale
Ware Homes for Sale
Wilbraham Homes for Sale
Belchertown Homes for Sale
Fiskdale Homes for Sale
Sturbridge Homes for Sale
Nearby Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Tolland County, CT Property Records
Worcester County, MA Property Records
Franklin County, MA Property Records
Windham County, CT Property Records
Hartford County, CT Property Records
Berkshire County, MA Property Records
Neighborhoods
Forest Park Real Estate
Sixteen Acres Real Estate
East Forest Park Real Estate
Pine Point Real Estate
East Springfield Real Estate
Indian Orchard Real Estate
Boston Road Real Estate
Upper Hill Real Estate
Nearby Counties
Springfield Homes for Sale
Chicopee Homes for Sale
Longmeadow Homes for Sale
Ludlow Homes for Sale
East Longmeadow Homes for Sale
Belchertown Homes for Sale
Wilbraham Homes for Sale
Sturbridge Homes for Sale
Top Real Estate Agents
Top Agents in Palmer Town
Top Agents in Springfield
Top Agents in Springfield
Top Agents in Chicopee
Top Agents in Chicopee
Top Agents in 01108
Top Agents in Forest Park
Top Agents in Sixteen Acres