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Northampton 01060
18 Burts Pit Road
$190,000
● House - Off Market

18 Burts Pit Road

Northampton, MA 01060
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$255,966
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

The Upside Potential is Great. This one level home with 2-4 bedrooms is priced right and will appreciate greatly with your improvements. The house overlooks   Northampton Community Gardens and is 1 minute from the dog-friendly trails abutting the Mill River. and 1 minute from the Community Fields at Ray Ellerbrook Park.  You'll make this home shine and increase value along the way.  The backyard has a new fence enclosing a perfect area for children or pets.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$135
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1955

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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 #72578494)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Oct 10, 2019 Listed by The Murphys REALTORS®, Inc. $175,000
Listed by The Murphys REALTORS®, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,119
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000393
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 822200

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:038A B:0003 L:0001
  • Block: 3
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3109
  • Longitude: -72.6511

    Address

  • Full Address: 18 Burts Pit Rd
  • Address - House Number: 18
  • Address - Street Name: Burts Pit
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northampton
  • Carrier Code: C002
  • 4-Digit Zip Code: 3661
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $429,400

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 333,899
  • High Value: 404,997
  • Low Value: 262,801

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,100
  • Assessed Land Value: $120,900
  • Assessed Improvements Value: $150,200

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24932
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:

$535,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1911 ft²

Average Home Age

75.8 years

Currently For Sale

78 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# 72578494

Frequently Asked Questions

When was property at 18 Burts Pit Road built and last sold?
The property at 18 Burts Pit Road was built in 1955 and last sold on Dec 10, 2019 for $190,000.
How much is this home worth?
The estimated value of the home located at 18 Burts Pit Road is $193,146.
What are some comparable homes to 18 Burts Pit Road?
There are currently no comparable homes to 18 Burts Pit Road.
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