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Northampton 01060
229 Prospect Street
$298,000
● House - Off Market

229 Prospect Street

Northampton, MA 01060
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$508,292
RealtyHop Estimate
70.00%
Since Mar 1, 2006
National-US
Primary Model

About This Property

In town, renovated Ranch. Open & airy on corner lot. Private fenced yard with deck off master bedroom. All freshly painted & newly finished oak floors. Two finished rooms in basement & redone bath. Cook's kitchen, 2002, roof 2001, furnace 2003, move right in! Minutes walk to downtown,  Smith, YMCA, Solomon Schechter. Attached 1 car garage. On the bike path!
Unit Size
999 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$299
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70314428)

Price History

Date / Event Date Event Price
Aug 17, 2009 Sold
Premium
Sold
Feb 24, 2006 Sold
Premium
Sold
Jan 12, 2006 Listed by Coldwell Banker Upton-Massamont REALTORS® $299,000
Listed by Coldwell Banker Upton-Massamont REALTORS®
Sep 23, 2004 Sold
Premium
Sold
Jul 14, 2004 Listed $229,900
Listed
In Town, renovated Ranch, open & airy on corner lot. Private fenced yard with deck off master bedroom. Ample closet & storage. Hardwood floors, wood stove in living/dining. Opens up to cook's kitchen. Roof 2001, furnace 2003. Bonus 2 finished rooms in basement!
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Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 500
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 1,307
  • Gross Building Area: 1,307
  • Building Area: 1,307
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,307
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM H ORMOND
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821901

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:024D B:0004 L:0001
  • Block: 4
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3287
  • Longitude: -72.6403

    Address

  • Full Address: 229 Prospect St
  • Address - House Number: 229
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northampton
  • Carrier Code: C009
  • 4-Digit Zip Code: 2280
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $681,100

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 541,134
  • High Value: 650,960
  • Low Value: 431,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,000
  • Assessed Land Value: $195,300
  • Assessed Improvements Value: $234,700

    Sales

  • Current Sale Recording Date: Aug 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00020345
  • Previous Sale Recording Date: Feb 24, 2006
  • Previous Sale Amount: $298,000
  • 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:

$540,000

Sale Price/ft²

$339

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1937 ft²

Average Home Age

87.4 years

Currently For Sale

66 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: 5 months ago
Data Source: MLS PIN, MLS# 70314428

Frequently Asked Questions

When was property at 229 Prospect Street built and last sold?
The property at 229 Prospect Street was built in 1963 and last sold on Jan 1, 1970 for $298,000.
How much is this home worth?
The estimated value of the home located at 229 Prospect Street is $305,248.
What are some comparable homes to 229 Prospect Street?
There are currently no comparable homes to 229 Prospect Street.
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