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Palmer Town 01080
2358 Main St
$350,000
● House - Off Market

2358 Main St

Palmer, MA 01080
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,890 Ft²
$381,813
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This GORGEOUS home is MOVE IN READY!  Everything has been updated in 2021; large eat in kitchen with granite counters and stainless appliances, paint, roof, windows, insulation, updated baths, on demand hot water heater, all new or refinished floors, updated plumbing, updated electrical, heating system and more! Space is not an issue with almost 2900 SQ FT and 6 possible bedrooms, storage in attic and basement too! Nice level yard lined with trees for privacy. Commuters and those needing highway access should note this stunner is right near the Mass Pike! Close to hospitals, schools, shopping, churches & more! This gem is in pristine condition and should qualify for all financing types including no down payment options (please confirm with lender). Most furnishings and some decor can be included!
Unit Size
2,890 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$125
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1915

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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 #73043949)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Nov 9, 2022 In contract -
In contract
Oct 3, 2022 Listed by 1 Worcester Homes $359,900
Listed by 1 Worcester Homes
Jul 30, 2021 Sold
Premium
Sold
May 22, 2021 Listed by 1 Worcester Homes $259,413
Listed by 1 Worcester Homes
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 11,180
  • Total Building Area: 2,890
  • Gross Building Area: 6,080
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:79 B:9
  • Block: 9
  • Municipality: PALMER
  • Latitude: 42.1854
  • Longitude: -72.3502

    Address

  • Full Address: 2358 Main St
  • Address - House Number: 2358
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1150
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,200

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 365,858
  • High Value: 432,765
  • Low Value: 298,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,800
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $209,200

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74566
  • Previous Sale Recording Date: Jul 30, 2021
  • Previous Sale Contract Date: Jul 30, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 71
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:

$339,950

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2317 ft²

Average Home Age

74.9 years

Currently For Sale

27 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: 4 months ago
Data Source: MLS PIN, MLS# 73043949

Frequently Asked Questions

When was property at 2358 Main Street built and last sold?
The property at 2358 Main Street was built in 1915 and last sold on Dec 21, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 2358 Main Street is $357,606.
What are some comparable homes to 2358 Main Street?
There are currently no comparable homes to 2358 Main Street.
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