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Palmer Town 01069
270 Boston Road
$175,000
● House - Off Market

270 Boston Road

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,178 Ft²
$543,673
RealtyHop Estimate
210.67%
Since Jan 1, 2000
National-US
Primary Model

About This Property

A PRIVATE,PICTURESQUE 9.8 ACRES SETTING WITH ABOUT 650+- FRONTAGE FOR THIS WONDERFUL RANCH WITH ABOUT 2178 SQUARE FEET OF LIVING SPACE.WOOD FLOORS,CENTRAL AIR, FABULOUS MASTER BATH,ONLY ABOUT 10 MIN.TO PALMER PIKE.
Unit Size
2,178 Ft²
Days on Market
-
Land Size
9.80 acres
Price per sqft
$80
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1966

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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 years ago (MLSPIN #30359568)

Price History

Date / Event Date Event Price
Jan 31, 2022 Sold
Premium
Sold
Dec 7, 1999 Sold
Premium
Sold
Oct 4, 1999 Listed $175,000
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 426,888
  • Total Building Area: 1,798
  • Gross Building Area: 4,815
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:21 B:4
  • Block: 4
  • Municipality: PALMER
  • Latitude: 42.1732
  • Longitude: -72.266

    Address

  • Full Address: 270 Boston Rd
  • Address - House Number: 270
  • Address - Street Name: Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Palmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 2148
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $643,100

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 363,401
  • High Value: 431,550
  • Low Value: 295,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,800
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $243,300

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6396
  • Previous Sale Recording Date: Dec 07, 1999
  • Previous Sale Amount: $175,000
  • 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:

$339,950

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2205 ft²

Average Home Age

65.9 years

Currently For Sale

32 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 years ago
Data Source: MLS PIN, MLS# 30359568

Frequently Asked Questions

When was property at 270 Boston Road built and last sold?
The property at 270 Boston Road was built in 1966 and last sold on Jan 31, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 270 Boston Road is $0.
What are some comparable homes to 270 Boston Road?
There are currently no comparable homes to 270 Boston Road.
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