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Northampton 01062
258 Old Wilson Rd / Meadow Lot
$379,000
● Land - Off Market

258 Old Wilson Rd / Meadow Lot

Northampton, MA 01062
bedrooms
Studio
bathrooms
0 Bath
$426,547
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Build your dream home at Pine Meadows! This parcel, one of 5 rare building lots, is nearly 3 acres, with a rolling hill, potential for a walkout basement, and excellent views to the north and east. All this is just a short drive to downtown Northampton. Pine Meadows offers direct access to 105 acres of city-owned protected land. This lot is ready to go. Much of the infrastructure work has been done for you. Enjoy walking, birding, biking, and hiking just outside your door. Wright Builders is the preferred builder due to their extensive involvement with the project and their experience in building beautiful and sustainable Net Zero homes. Those wishing to use a designer and builder of their choice may do so. See further info in the attachments to the listing.
Unit Size
-
Days on Market
-
Land Size
2.88 acres
Price per sqft
-
Property Type
Land
Property Taxes
$132
HOA Dues
-
Year Built
2022

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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 #72878012)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 7, 2021 Listed by Goggins Real Estate, Inc. $379,000
Listed by Goggins Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 125,453
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,415
  • Building Area: 2,415
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002880
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: NHAM M:0044 B:0139 L:0001
  • Block: 139
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.2965
  • Longitude: -72.6708

    Address

  • Full Address: 258 Old Wilson Rd
  • Address - House Number: 258
  • Address - Street Name: Old Wilson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: R004
  • 4-Digit Zip Code: 9719
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,300

    Appraisal Valuation

  • Standard Deviation: 0.0896
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 391,882
  • High Value: 427,029
  • Low Value: 356,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,300
  • Assessed Land Value: $150,200
  • Assessed Improvements Value: $98,100

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25310
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:

$530,000

Sale Price/ft²

$332

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# 72878012

Frequently Asked Questions

When was property at 258 Old Wilson Road built and last sold?
The property at 258 Old Wilson Road was built in 2022 and last sold on Oct 7, 2021 for $379,000.
How much is this home worth?
The estimated value of the home located at 258 Old Wilson Road is $382,790.
What are some comparable homes to 258 Old Wilson Road?
There are currently no comparable homes to 258 Old Wilson Road.
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