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Palmer Town 01080
2175-2177 Main Street
$342,220
● House - Off Market

2175-2177 Main Street

Palmer, MA 01080
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,534 Ft²
$2,002
Est. Monthly

About This Property

Make this your new dream home! Completely renovated, absolutely gorgeous sun splashed home. Very spacious bedrooms. Gorgeous butcher block counter tops with ultra deep kitchen sink, pull out faucet, modern matte black knobs, stunning glass backsplash, top of the line Samsung stainless steel appliances with smart wi-fi connectivity stainless steel stove. Integrated wall niche around tub, gorgeous Zen look wooden vanity. Beautiful luxurious waterproof flooring throughout. Laundry hook ups. As the property is zoned Neighborhood business, this gives the new owner the flexibility of using the lower level for a home based business or for extended family.  Walk to town hall, house or worship and school.  Minutes to all. Easy access to major highways.  Range Pricing: Seller will entertain offers between 349k - 385K.
Unit Size
2,534 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$138
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1924

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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: 6 months ago (MLSPIN #73272756)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Premium
Sold
Dec 17, 2024 In contract -
In contract
Oct 28, 2024 Price Decreased $349,000
↓ $46K (11.7%)
Price Decreased
Sep 12, 2024 Price Increased $395,000
↑ $46K (13.2%)
Price Increased
Aug 1, 2024 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $349,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 5,280
  • Total Building Area: 2,534
  • Gross Building Area: 3,686
  • Building Area: 2,534
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000121
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

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

Geography

  • Parcel: PALM M:78 B:205
  • Block: 205
  • Municipality: PALMER
  • Latitude: 42.1827
  • Longitude: -72.3564

    Address

  • Full Address: 2175-2177 Main St
  • Address - House Number: 2175-2177
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,200
  • Assessed Land Value: $45,700
  • Assessed Improvements Value: $122,500

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45014
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:

$339,950

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2110 ft²

Average Home Age

72.1 years

Currently For Sale

36 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: 6 months ago
Data Source: MLS PIN, MLS# 73272756

Frequently Asked Questions

When was property at 2175-2177 Main Street built and last sold?
The property at 2175-2177 Main Street was built in 1924 and last sold on Sep 20, 2023 for $160,000.
How much is this home worth?
The estimated value of the home located at 2175-2177 Main Street is $366,292.
What are some comparable homes to 2175-2177 Main Street?
There are currently no comparable homes to 2175-2177 Main Street.
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