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Northampton 01062
220 Chestnut St
$585,000
● House - Off Market

220 Chestnut St

Northampton, MA 01062
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,088 Ft²
$467,913
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Location, Location, Location!  With over 2000 square feet of living space, this delightful cape-style home has plenty of room for everyone!  The first floor offers two spacious bedrooms, with two more bedrooms on the second floor, all with beautiful hardwood floors. The first floor also includes a large eat-in kitchen, full bathroom, breezeway with slider, and an oversized sun-filled living room with fireplace and hardwood floors.  Top it all off with a 2 car attached garage, and you've got yourself a gem!  The park-like private backyard with stone walls and deck will be a peaceful retreat after a long day.  Conveniently located within walking distance to the Rail Trail, Cooper's Corner, and many other wonderful places this quaint little town of Florence has to offer.  Make your appointment today!
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$215
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1954

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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 #73018984)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Jul 29, 2022 Listed by Coldwell Banker Realty - Longmeadow $449,900
Listed by Coldwell Banker Realty - Longmeadow
Nov 14, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 12,750
  • Total Building Area: 2,088
  • Gross Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: URA

Geography

  • Parcel: NHAM M:017A B:0145 L:0001
  • Block: 145
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3416
  • Longitude: -72.6663

    Address

  • Full Address: 220 Chestnut St
  • Address - House Number: 220
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Florence
  • Carrier Code: C015
  • 4-Digit Zip Code: 1438
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $644,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 571,729
  • High Value: 696,143
  • Low Value: 447,315

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,800
  • Assessed Land Value: $135,800
  • Assessed Improvements Value: $271,000

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19271
  • Previous Sale Recording Date: Nov 14, 1991
  • Previous Sale Amount: $25,000
  • 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# 73018984

Frequently Asked Questions

When was property at 220 Chestnut Street built and last sold?
The property at 220 Chestnut Street was built in 1954 and last sold on Sep 15, 2022 for $585,000.
How much is this home worth?
The estimated value of the home located at 220 Chestnut Street is $477,499.
What are some comparable homes to 220 Chestnut Street?
There are currently no comparable homes to 220 Chestnut Street.
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