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Palmer Town 01069
23 Walnut Street
$70,000
● House - Off Market

23 Walnut Street

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,238 Ft²
$192,267
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

PRICE IS RIGHT FOR THIS COZY 1800'S COLONIAL WITH MODERN CABINETS, SPACIOUS ROOMS, CONVENIENT TO DOWNTOWN AND PIKE. SELLER HAS CERTIFICATE OF COMPLIANCE.
Unit Size
1,238 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$64
Property Type
House
Property Taxes
$103
HOA Dues
-
Year Built
1865

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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: 5 months ago (MLSPIN #30595533)

Price History

Date / Event Date Event Price
Dec 13, 2002 Sold
Premium
Sold
Apr 9, 2002 Listed by Carlson GMAC Real Estate $79,000
Listed by Carlson GMAC Real Estate
Jun 1, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 5,400
  • Total Building Area: 1,238
  • Gross Building Area: 1,842
  • Building Area: 1,238
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,238
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810100

Geography

  • Parcel: PALM M:58 B:82
  • Block: 82
  • Municipality: PALMER
  • Latitude: 42.1575
  • Longitude: -72.3272

    Address

  • Full Address: 23 Walnut St
  • Address - House Number: 23
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1760
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $284,800

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 192,208
  • High Value: 226,232
  • Low Value: 158,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,500
  • Assessed Land Value: $45,800
  • Assessed Improvements Value: $100,700

    Sales

  • Current Sale Recording Date: Dec 13, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85126
  • Previous Sale Recording Date: Jun 01, 1989
  • Previous Sale Amount: $77,000
  • 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 Palmer Town

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2282 ft²

Average Home Age

76.7 years

Currently For Sale

29 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: 5 months ago
Data Source: MLS PIN, MLS# 30595533

Frequently Asked Questions

When was property at 23 Walnut Street built and last sold?
The property at 23 Walnut Street was built in 1865 and last sold on Jan 1, 1970 for $70,000.
How much is this home worth?
The estimated value of the home located at 23 Walnut Street is $90,727.
What are some comparable homes to 23 Walnut Street?
There are currently no comparable homes to 23 Walnut Street.
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