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Palmer Town 01069
1340 Ware Street,Palmer
$124,000
● House - Off Market

1340 Ware Street,Palmer

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$333,351
RealtyHop Estimate
169.05%
Since Sep 1, 2001
National-US
Primary Model

About This Property

BEAUTIFUL RANCH, VAULTED CEILINGS, WOOD FLOORS AND WALL TO WALL, DECK OVERLOOKS SUNSET VIEWS.RECREATION ROOM IN BASE- MENT. THREE MILES FROM PALMER EXIT, HUGE LOT, PLUMBED FOR FUTURE SECOND BATH IN BASEMENT.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$129
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1988

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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 years ago (MLSPIN #30517148)

Price History

Date / Event Date Event Price
Nov 12, 2004 Sold
Premium
Sold
Aug 17, 2001 Sold
Premium
Sold
Jun 21, 2001 Listed $123,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 42,484
  • Total Building Area: 1,536
  • Gross Building Area: 3,264
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATER E MCCLOSKEY
  • Land Acres: 0000000975
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:37 B:14 L:4
  • Block: 14
  • Lot: 4
  • Municipality: PALMER
  • Latitude: 42.2131
  • Longitude: -72.302

    Address

  • Full Address: 1340 Ware St
  • Address - House Number: 1340
  • Address - Street Name: Ware
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9536
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $571,300

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 365,854
  • High Value: 433,256
  • Low Value: 298,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,900
  • Assessed Land Value: $60,100
  • Assessed Improvements Value: $233,800

    Sales

  • Current Sale Recording Date: Nov 12, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15480
  • Previous Sale Recording Date: Aug 17, 2001
  • Previous Sale Amount: $124,000
  • 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:

$340,000

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2244 ft²

Average Home Age

76.3 years

Currently For Sale

30 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 years ago
Data Source: MLS PIN, MLS# 30517148

Frequently Asked Questions

When was property at 1340 Ware Street built and last sold?
The property at 1340 Ware Street was built in 1988 and last sold on Jan 1, 1970 for $229,000.
How much is this home worth?
The estimated value of the home located at 1340 Ware Street is $0.
What are some comparable homes to 1340 Ware Street?
There are currently no comparable homes to 1340 Ware Street.
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