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Northampton 01060
242 Prospect Street
$320,000
● House - Off Market

242 Prospect Street

Northampton, MA 01060
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,056 Ft²
$556,296
RealtyHop Estimate
71.17%
Since Feb 1, 2006
National-US
Primary Model

About This Property

Spacious traditional home with charm in good, in-town location.  Good layout & large bedrooms. Bedroom on first floor next to full bath is convenient as a guest room.
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$158
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1900

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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 #70286772)

Price History

Date / Event Date Event Price
Mar 8, 2011 Sold
Premium
Sold
Oct 12, 2010 Listed by Delap Real Estate LLC $385,000
Listed by Delap Real Estate LLC
Jan 31, 2006 Sold
Premium
Sold
Oct 30, 2005 Listed by Delap Real Estate LLC $325,000
Listed by Delap Real Estate LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,702
  • Total Building Area: 2,056
  • Gross Building Area: 2,056
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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:0226 L:0001
  • Block: 226
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3286
  • Longitude: -72.6412

    Address

  • Full Address: 242 Prospect St
  • Address - House Number: 242
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northampton
  • Carrier Code: C009
  • 4-Digit Zip Code: 2192
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $804,500

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 672,640
  • High Value: 808,997
  • Low Value: 536,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $507,900
  • Assessed Land Value: $193,500
  • Assessed Improvements Value: $314,400

    Sales

  • Current Sale Recording Date: Mar 08, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 31, 2006
  • Previous Sale Amount: $320,000
  • 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

$340

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1918 ft²

Average Home Age

83.6 years

Currently For Sale

65 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# 70286772

Frequently Asked Questions

When was property at 242 Prospect Street built and last sold?
The property at 242 Prospect Street was built in 1900 and last sold on Jan 1, 1970 for $369,000.
How much is this home worth?
The estimated value of the home located at 242 Prospect Street is $401,350.
What are some comparable homes to 242 Prospect Street?
There are currently no comparable homes to 242 Prospect Street.
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