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Northampton 01053
159 Main Street
$350,000
● House - Off Market

159 Main Street

Northampton, MA 01053
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,583 Ft²
$537,005
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Income property!  Bright and spacious owner occupied 2-family in Leeds near Mill River. Enjoy the sound of the river by the front porch. Owner's unit has 4 bedrooms, 2 full baths, first floor MBR has attached bath, open floor plan living room leads to a large dining area, kitchen and a sun lit oversized family or great room open to the rear deck overlooking wonderful large, leveled, fenced-in backyard. Owner's unit has newer high efficiency Rinnai hot water heating system, replacement windows & hardwood floor. The 2 bedrooms apartment on the second floor bring in $1200 per month income. Ample parking. All on 2 acres of land. Enjoy the tranquility.  A short walk to town beach,  Northampton Country Club and bike path.
Unit Size
3,583 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$100
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1800

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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 #72377020)

Price History

Date / Event Date Event Price
Mar 15, 2019 Sold
Premium
Sold
Aug 10, 2018 Listed by 5 College REALTORS® $359,000
Listed by 5 College REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 3,583
  • Gross Building Area: 3,583
  • Building Area: 3,583
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,583
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821700

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:010D B:0021 L:0001
  • Block: 21
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3494
  • Longitude: -72.6998

    Address

  • Full Address: 159 Main St
  • Address - House Number: 159
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leeds
  • Carrier Code: R001
  • 4-Digit Zip Code: 5308
  • Zip Code: 01053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $716,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 562,843
  • High Value: 667,024
  • Low Value: 458,661

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,600
  • Assessed Land Value: $117,900
  • Assessed Improvements Value: $334,700

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4038
  • Previous Sale Recording Date: Mar 23, 2011
  • 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 Northampton

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$331

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1918 ft²

Average Home Age

78.5 years

Currently For Sale

74 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 months ago
Data Source: MLS PIN, MLS# 72377020

Frequently Asked Questions

When was property at 159 Main Street built and last sold?
The property at 159 Main Street was built in 1800 and last sold on Feb 25, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 159 Main Street is $362,290.
What are some comparable homes to 159 Main Street?
There are currently no comparable homes to 159 Main Street.
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