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Northampton 01062
125 Riverside Drive
$225,000
● House - Off Market

125 Riverside Drive

Northampton, MA 01062
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$340,431
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

All of the major upgrades have been made: new roof, furnace, and windows.  The kitchen and bathroom have been updated as well.  This two bedroom, one bath home has been in this family for two generations, and has been lovingly cared for over the years. Located in the Bay State section of town, this property has a nice, flat, quarter of an acre lot.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$205
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1900

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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 #72328756)

Price History

Date / Event Date Event Price
Jul 19, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Goggins Real Estate, Inc. $225,000
Listed by Goggins Real Estate, Inc.
Apr 10, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,402
  • Total Building Area: 1,480
  • Gross Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821602

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:030B B:0060 L:0001
  • Block: 60
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3243
  • Longitude: -72.6576

    Address

  • Full Address: 125 Riverside Dr
  • Address - House Number: 125
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C010
  • 4-Digit Zip Code: 2721
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,700

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 380,870
  • High Value: 464,862
  • Low Value: 296,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,400
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $175,600

    Sales

  • Current Sale Recording Date: Jul 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14190
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 55
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:

$535,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1911 ft²

Average Home Age

75.8 years

Currently For Sale

78 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: 4 months ago
Data Source: MLS PIN, MLS# 72328756

Frequently Asked Questions

When was property at 125 Riverside Drive built and last sold?
The property at 125 Riverside Drive was built in 1900 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 125 Riverside Drive is $236,694.
What are some comparable homes to 125 Riverside Drive?
There are currently no comparable homes to 125 Riverside Drive.
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