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Palmer Town 01069
162 Peterson Rd
$201,000
● House - Off Market

162 Peterson Rd

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$430,195
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Well maintained home, move in condition. Large open living room and kitchen/dining area. Dining area has hardwood flooring and slider to 12x18 deck. Side door entrance hall has large pantry closet and 1/2 bath with laundry. Large walk out basement with full size windows and wood stove connection would make great future family room. Separate zoned ceiling heater in basement. Oversize 2 car  garage with ceiling fan and attached open breeze-way. Nice country lot close to Mass Pike.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
2.04 acres
Price per sqft
$132
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1999

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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 #71405297)

Price History

Date / Event Date Event Price
Aug 24, 2012 Sold
Premium
Sold
Jul 5, 2012 Listed by Century 21 Toomey-Lovett, LLC $199,900
Listed by Century 21 Toomey-Lovett, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 88,862
  • Total Building Area: 1,512
  • Gross Building Area: 4,244
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002040
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:20 B:34
  • Block: 34
  • Municipality: PALMER
  • Latitude: 42.1781
  • Longitude: -72.2887

    Address

  • Full Address: 162 Peterson Rd
  • Address - House Number: 162
  • Address - Street Name: Peterson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Palmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 9847
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $601,100

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 385,609
  • High Value: 459,471
  • Low Value: 311,746

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,200
  • Assessed Land Value: $64,500
  • Assessed Improvements Value: $244,700

    Sales

  • Current Sale Recording Date: Aug 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: Apr 17, 2012
  • 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

$225

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2270 ft²

Average Home Age

67.7 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: 5 months ago
Data Source: MLS PIN, MLS# 71405297

Frequently Asked Questions

When was property at 162 Peterson Road built and last sold?
The property at 162 Peterson Road was built in 1999 and last sold on Jan 1, 1970 for $201,000.
How much is this home worth?
The estimated value of the home located at 162 Peterson Road is $210,921.
What are some comparable homes to 162 Peterson Road?
There are currently no comparable homes to 162 Peterson Road.
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