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Palmer Town 01080
2008 Overlook Drive
$198,000
● House - Off Market

2008 Overlook Drive

Palmer, MA 01080
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,190 Ft²
$330,618
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Wonderful Ranch in the desirable "Sunset Acres" neighborhood! Remodeled Eat-in Kitchen features, Refrigerator, Stove, Microwave & Dishwasher. Pantry, Loads of Counter Space and Cabinets. Large Living Room with Picture Window and Lovely wood burning Fireplace. Newly remodeled Bathroom. 3 Spacious Bedrooms. And to add to your living space is a large Family Room with Fireplace, Craft Room and Bathroom in the Basement. Other features: Two Car Garage,  Fenced Yard & Hardwood Floors. Other Updates include: Roof, Heating System, Insulation & most Windows. Minutes to Ludlow, Belchertown, Area Amenities and MA Pike! This one will not last...Make your appointment today!
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$175
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1959

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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 #72218798)

Price History

Date / Event Date Event Price
Oct 20, 2017 Sold
Premium
Sold
Aug 25, 2017 Listed by Coldwell Banker Residential Brokerage - Westfield $208,000
Listed by Coldwell Banker Residential Brokerage - Westfield
Jul 7, 2016 Sold
Premium
Sold
Feb 14, 2016 Listed by Coldwell Banker Residential Brokerage - Westfield $175,000
Listed by Coldwell Banker Residential Brokerage - Westfield

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 500
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,190
  • Gross Building Area: 3,327
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:69 B:41
  • Block: 41
  • Municipality: PALMER
  • Latitude: 42.1808
  • Longitude: -72.3768

    Address

  • Full Address: 2008 Overlook Dr
  • Address - House Number: 2008
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1029
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,600

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 310,049
  • High Value: 372,792
  • Low Value: 247,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,200
  • Assessed Land Value: $56,100
  • Assessed Improvements Value: $187,100

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62148
  • Previous Sale Recording Date: Jul 07, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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:

$339,900

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2287 ft²

Average Home Age

71.7 years

Currently For Sale

29 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72218798

Frequently Asked Questions

When was property at 2008 Overlook Drive built and last sold?
The property at 2008 Overlook Drive was built in 1959 and last sold on Jan 1, 1970 for $198,000.
How much is this home worth?
The estimated value of the home located at 2008 Overlook Drive is $212,583.
What are some comparable homes to 2008 Overlook Drive?
There are currently no comparable homes to 2008 Overlook Drive.
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