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Northampton 01062
18 Corticelli Street
$50,007
● House - Off Market

18 Corticelli Street

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,072 Ft²
$109,204
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Opportunity is knocking!  This cute Florence home within walking distance of the village center needs complete rehab!  Active roof leaks and mold present in all rooms.  This is not a project for amateurs thinking they can live in it while fixing it up!  Easy to show!   Offers will be reviewed on May 4th, no letters to seller or escalation clauses.  Please review attached docs with information for bidders.    Text Michael with appointment requests.
Unit Size
1,072 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$98
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1870

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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 #72959270)

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold
Premium
Sold
Sep 28, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by Borawski Real Estate $105,000
Listed by Borawski Real Estate
Aug 1, 1983 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 5
  • 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: 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: 6,077
  • Total Building Area: 1,072
  • Gross Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000140
  • Standard Land Use Code: 9000
  • County Land Use Code: 990

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821602

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:022B B:0035 L:0001
  • Block: 35
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3322
  • Longitude: -72.677

    Address

  • Full Address: 18 Corticelli St
  • Address - House Number: 18
  • Address - Street Name: Corticelli
  • Address - Suffix Type: St
  • State: MA
  • City Name: Florence
  • Carrier Code: C020
  • 4-Digit Zip Code: 1202
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,000
  • Assessed Land Value: $117,300
  • Assessed Improvements Value: $8,700

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19064
  • Previous Sale Recording Date: Sep 28, 2022
  • Previous Sale Contract Date: Sep 28, 2022
  • Previous Sale Amount: $50,007
  • 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:

$530,000

Sale Price/ft²

$332

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# 72959270

Frequently Asked Questions

When was property at 18 Corticelli Street built and last sold?
The property at 18 Corticelli Street was built in 1870 and last sold on Dec 4, 2023 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 18 Corticelli Street is $115,600.
What are some comparable homes to 18 Corticelli Street?
There are currently no comparable homes to 18 Corticelli Street.
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