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Palmer Town 01079
275 State St
Photo of 275 State St
Sold on Dec 29, 2025

5

Map

Photo of 275 State St
Photo of 275 State St
$177,000
● House - Off Market

275 State St

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,026 Ft²
$831
Est. Monthly
16.53%
Cap Rate

About This Property

Come see this charming ranch-style home featuring three bedrooms, one full bathroom, and over 1,000 square feet of living area. Upon entering, you will be greeted by hardwood floors and an abundance of natural light streaming through numerous windows, creating a warm and inviting atmosphere. The property is situated on a 1.13-acre lot, surrounded by trees that ensure privacy and serenity. A covered porch offers a delightful space for enjoying your morning coffee or hosting gatherings. The full basement provides generous additional storage options. Off-street parking is also available. Nearby attractions include Rainbow Gardens, Forest Lake, and several state parks. Schedule a showing and make this your new home today!
Unit Size
1,026 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$99
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1957

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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: 11 months ago (MLSPIN #73301869)

Price History

Date / Event Date Event Price
Dec 29, 2025 Sold
Premium
Sold
Sep 24, 2025 In contract -
In contract
Sep 18, 2025 Relisted $102,000
Relisted
Oct 23, 2024 In contract -
In contract
Oct 14, 2024 Listed by Property Works New England $128,500
Listed by Property Works New England

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 49,223
  • Total Building Area: 1,026
  • Gross Building Area: 2,896
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001130
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810200

Geography

  • Parcel: PALM M:30 B:7
  • Block: 7
  • Municipality: PALMER
  • Latitude: 42.2037
  • Longitude: -72.3177

    Address

  • Full Address: 275 State St
  • Address - House Number: 275
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9670
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,300

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 108,379
  • High Value: 117,805
  • Low Value: 98,953

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,700
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $137,700
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:

$340,000

Sale Price/ft²

$227

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2173 ft²

Average Home Age

73.7 years

Currently For Sale

36 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: 11 months ago
Data Source: MLS PIN, MLS# 73301869

Frequently Asked Questions

When was property at 275 State Street built and last sold?
The property at 275 State Street was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 275 State Street is $110,522.
What are some comparable homes to 275 State Street?
There are currently no comparable homes to 275 State Street.
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