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Northampton 01062
264 Riverside Drive
Photo of 264 Riverside Drive
Sold on Aug 24, 2011

1

Map

$330,000
● House - Off Market

264 Riverside Drive

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$753,569
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Gorgeous nearly-new home on the Mill River! This sparkling, sun-filled home has an open floor plan downstairs with a granite kitchen, dining area overlooking magical yard, living room, family room. Tile entryway filled with light. 3 beds upstairs have maple floors. Great master suite with a walk in closet, master bath, gorgeous views and peaceful river sounds. Buderus heating system. Meticulously maintained, well loved, classy top to bottom. 1.42 acres of peace and serenity on the Mill River.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
1.43 acres
Price per sqft
$182
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
2008

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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 #71240067)

Price History

Date / Event Date Event Price
Aug 24, 2011 Sold
Premium
Sold
May 31, 2011 Listed by Coldwell Banker Residential Brokerage - Belchertown $340,000
Listed by Coldwell Banker Residential Brokerage - Belchertown
Oct 15, 2008 Sold
Premium
Sold
Apr 30, 2007 Listed by Berkshire Hathaway HomeServices Realty Professionals $312,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Rare find. Mill River frontage. New 1,800 square foot home. Granite kitchen counters, energy efficient construction. Hardwood floors, lots of closet space, and so much more. Enjoy the sound of rushing water. Own an island in the river.
Jun 26, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,291
  • Total Building Area: 1,888
  • Gross Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YANKEE HILL MACHINE CO SURV
  • Land Acres: 0000001430
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821602

Zoning

  • Zoning: GI

Geography

  • Parcel: NHAM M:030B B:0124 L:0001
  • Block: 124
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3213
  • Longitude: -72.6623

    Address

  • Full Address: 264 Riverside Dr
  • Address - House Number: 264
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C010
  • 4-Digit Zip Code: 2722
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $634,200

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 560,294
  • High Value: 661,321
  • Low Value: 459,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,400
  • Assessed Land Value: $127,000
  • Assessed Improvements Value: $273,400

    Sales

  • Current Sale Recording Date: Aug 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Amount: $292,000
  • 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:

$525,000

Sale Price/ft²

$331

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1911 ft²

Average Home Age

78.5 years

Currently For Sale

75 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71240067

Frequently Asked Questions

When was property at 264 Riverside Drive built and last sold?
The property at 264 Riverside Drive was built in 2008 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 264 Riverside Drive is $359,096.
What are some comparable homes to 264 Riverside Drive?
There are currently no comparable homes to 264 Riverside Drive.
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