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Palmer Town 01069
1451 Ware St
Photo of 1451 Ware St

22

Map

Photo of 1451 Ware St
Photo of 1451 Ware St
$650,000
● Land - For Sale

1451 Ware St

Palmer, MA 01069
bedrooms
Studio
bathrooms
0 Bath
$3,596
Est. Monthly

About This Property

A rare opportunity to acquire a large, buildable lot in a desirable Palmer location.  Offered at $650,000, this expansive parcel spans approximately 101 acres and features a tucked-away setting that provides exceptional depth and privacy. Electricity is available at the street, and there is space to set up a house on the first pasture. Additionally, the property offers potential income through a 10-year Chapter 61 Forestry plan that began in 2021 (buyer to perform due diligence).  Please note the following key details:  20 acres will be subdivided from the total acreage prior to closing.  All soil testing is to be paid for by the buyer. Property will be left in Chapter 61 for sale. The lot includes a building in poor condition that is not habitable. Please do not enter this structure.
Unit Size
-
Days on Market
-
Land Size
101.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$404
HOA Dues
-
Year Built
1912

Listed By

Dorrinda O'Keefe Shea
Century 21 North East

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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: 2 months ago (MLSPIN #73577597)

Price History

Date / Event Date Event Price
Sep 15, 2026 Listed by Century 21 North East $650,000
Listed by Century 21 North East

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Sloped, Wooded, Irregular Lot, Cleared, Steep Slope, Elevated
Lot Size Area: 101
Lot Size Units: Acres
Lot Size Acres: 101
Lot Size Square Feet: 4399560
Tax Lot: 1
Water Source: Private
Financial Details
Tax Map Number: 42
Tax Assessed Value: $259,500
Tax Annual Amount: $4,850
Utilities Details
Sewer : Private Sewer, Perc Test On File

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 5,290,362
  • Total Building Area: 3,198
  • Gross Building Area: 3,781
  • Building Area: 3,198
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,198
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000121450
  • Standard Land Use Code: 1008
  • County Land Use Code: 016

Neighborhood

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

Geography

  • Parcel: PALM M:42 B:17 L:1
  • Block: 17
  • Lot: 1
  • Municipality: PALMER
  • Latitude: 42.2155
  • Longitude: -72.2996

    Address

  • Full Address: 1451 Ware St
  • Address - House Number: 1451
  • Address - Street Name: Ware
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9531
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,700

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 309,380
  • High Value: 354,801
  • Low Value: 263,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,400
  • Assessed Land Value: $80,600
  • Assessed Improvements Value: $153,800
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

55

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: 2 months ago
Data Source: MLS PIN, MLS# 73577597

Frequently Asked Questions

When was property at 1451 Ware Street built and last sold?
The property at 1451 Ware Street was built in 1912 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1451 Ware Street is $656,500.
What are some comparable homes to 1451 Ware Street?
There are currently no comparable homes to 1451 Ware Street.
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