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Palmer Town 01069
125 State St
$125,500
● House - Off Market

125 State St

Palmer, MA 01069
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,542 Ft²
$196,149
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Nice sized cape with additional large family room and breezeway which goes out to a large deck with fenced yard. Home has some additional finished space in the basement with a bathroom .  Over an acre with some out buildings.  Semi-rural feeling setting offers some privacy. Inside there are some wood floors and 2 bedrooms on each floor.  Exterior is vinyl sided and needs a little trim and siding work. Easy to show. Has city sewer and private well.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$91
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #72613584)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
Jun 5, 2020 Sold
Premium
Sold
Jan 29, 2020 Listed by Royal Real Estate Service $139,900
Listed by Royal Real Estate Service
Mar 12, 2019 Sold
Premium
Sold
May 14, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,542
  • Gross Building Area: 3,082
  • Building Area: 1,542
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,542
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810200

Geography

  • Parcel: PALM M:87 B:16
  • Block: 16
  • Municipality: PALMER
  • Latitude: 42.2088
  • Longitude: -72.3325

    Address

  • Full Address: 125 State St
  • Address - House Number: 125
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9635
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 341,945
  • High Value: 403,476
  • Low Value: 280,413

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,200
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $191,700

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42980
  • Previous Sale Recording Date: Jun 05, 2020
  • Previous Sale Contract Date: May 20, 2020
  • Previous Sale Amount: $125,500
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2205 ft²

Average Home Age

65.9 years

Currently For Sale

32 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: 5 months ago
Data Source: MLS PIN, MLS# 72613584

Frequently Asked Questions

When was property at 125 State Street built and last sold?
The property at 125 State Street was built in 1952 and last sold on Jun 23, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 125 State Street is $150,353.
What are some comparable homes to 125 State Street?
There are currently no comparable homes to 125 State Street.
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