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Palmer Town 01080
2167 Main
$75,000
● House - Off Market

2167 Main

Palmer, MA 01080
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$137,643
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Centrally located older home in need of cosmetics.  Perfect for ambitious person who wants to build instant equity. Newer windows and elec updates. Great flat back yard  and oversize garage make this a must see.  Short distance to downtown, Mass Pike and major shopping.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$67
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1890

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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 #71889429)

Price History

Date / Event Date Event Price
Apr 12, 2016 Sold
Premium
Sold
Aug 13, 2015 Listed by Keller Williams Realty Greater Worcester $79,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 9,876
  • Total Building Area: 1,188
  • Gross Building Area: 2,172
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:78 B:207
  • Block: 207
  • Municipality: PALMER
  • Latitude: 42.1826
  • Longitude: -72.3567

    Address

  • Full Address: 2167 Main St
  • Address - House Number: 2167
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1130
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $316,100

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 208,782
  • High Value: 245,789
  • Low Value: 171,774

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,300
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $105,300

    Sales

  • Current Sale Recording Date: Apr 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20212
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:

$337,657

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2233 ft²

Average Home Age

71.2 years

Currently For Sale

28 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# 71889429

Frequently Asked Questions

When was property at 2167 Main Street built and last sold?
The property at 2167 Main Street was built in 1890 and last sold on Jan 1, 1970 for $75,000.
How much is this home worth?
The estimated value of the home located at 2167 Main Street is $91,939.
What are some comparable homes to 2167 Main Street?
There are currently no comparable homes to 2167 Main Street.
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