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Northampton 01060
23 Rust Avenue
$392,000
● House - Off Market

23 Rust Avenue

Northampton, MA 01060
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$619,416
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Brand new construction coming  to Northampton summer 2016.  Custom farmhouse with 3 bedrooms, 2.5 baths, hardwood floors throughout.  Features include granite counters, stainless steel appliances, master bed with bath, central air and heat., includes 1 car garage.  There is a lovely farmer's porch for enjoying the warm weather months.  Walking distance to Cooley Dickinson hospital, Smith College, bustling downtown Northampton and to public transportation.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #72019713)

Price History

Date / Event Date Event Price
Apr 25, 2017 Sold
Premium
Sold
Jun 8, 2016 Listed by The Murphys REALTORS®, Inc. $379,900
Listed by The Murphys REALTORS®, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 300
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,197
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • 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: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 822200

Geography

  • Parcel: NHAM M:038A B:0153 L:0001
  • Block: 153
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3101
  • Longitude: -72.6504

    Address

  • Full Address: 23 Rust Ave
  • Address - House Number: 23
  • Address - Street Name: Rust
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Northampton
  • Carrier Code: C002
  • 4-Digit Zip Code: 3612
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $764,100

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 600,933
  • High Value: 722,896
  • Low Value: 478,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,400
  • Assessed Land Value: $113,400
  • Assessed Improvements Value: $369,000

    Sales

  • Current Sale Recording Date: Apr 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7672

    Financing

  • First Mortgage Financing Type: UNK
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# 72019713

Frequently Asked Questions

When was property at 23 Rust Avenue built and last sold?
The property at 23 Rust Avenue was built in 2016 and last sold on Jan 1, 1970 for $392,000.
How much is this home worth?
The estimated value of the home located at 23 Rust Avenue is $394,690.
What are some comparable homes to 23 Rust Avenue?
There are currently no comparable homes to 23 Rust Avenue.
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