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Northampton 01062
225 Chestnut St
$263,000
● House - Off Market

225 Chestnut St

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$380,350
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Bring your contractor and your sweat equity and make this diamond in the rough shine again.  A great solid house close to Florence center is ready for its new owners. Many improvements have been done over the years including new windows, newer roof, siding and paved driveway. With updates and improvements this house will make a great home. Long deep lot, enclosed porch to enjoy your morning coffee, oversized one car garage are some of it's features. Bring your vision and ideas and you will have a gem of a property. Showings start immediately, don't wait, this house won't last long. Open house Saturday October 27th 12-2PM, offers being presented Monday October 29th. House sold as is.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$156
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1929

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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 #72414205)

Price History

Date / Event Date Event Price
Dec 17, 2018 Sold
Premium
Sold
Oct 23, 2018 Listed by Delap Real Estate LLC $250,000
Listed by Delap Real Estate LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,820
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000409
  • 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:0138 L:0001
  • Block: 138
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3417
  • Longitude: -72.6657

    Address

  • Full Address: 225 Chestnut St
  • Address - House Number: 225
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Florence
  • Carrier Code: C015
  • 4-Digit Zip Code: 1406
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $563,700

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 437,883
  • High Value: 531,986
  • Low Value: 343,779

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,900
  • Assessed Land Value: $137,500
  • Assessed Improvements Value: $218,400

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25577
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:

$525,000

Sale Price/ft²

$331

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# 72414205

Frequently Asked Questions

When was property at 225 Chestnut Street built and last sold?
The property at 225 Chestnut Street was built in 1929 and last sold on Dec 10, 2018 for $263,000.
How much is this home worth?
The estimated value of the home located at 225 Chestnut Street is $270,209.
What are some comparable homes to 225 Chestnut Street?
There are currently no comparable homes to 225 Chestnut Street.
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