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Pepperell 01463
3 Palmer Rd
$247,000
● House - Off Market

3 Palmer Rd

Pepperell, MA 01463
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$441,963
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Say "Hello to a Good Buy" Oversized Split Entry with 2000 sqft of living space. Large eat in kitchen with access to 3 season porch. Hardwood floors  through out the first floor. Lower level offers updated full bath, office, family room and laundry room with wet bar and refrigerator. Ideal set up for an in law or extended family. Trex deck, newer furnace and Anderson wood tilt in windows. Generator ready. Fenced in level yard with 12x8 storage shed. Great family neighborhood in a community of similar homes.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$125
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1962

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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 #71901043)

Price History

Date / Event Date Event Price
Dec 11, 2015 Sold
Premium
Sold
Sep 9, 2015 Listed by Janet Cramb & Company Real Estate $249,000
Listed by Janet Cramb & Company Real Estate
Mar 28, 1996 Sold
Premium
Sold
Jun 15, 1995 Listed $209,900
Listed
TRIPLE "A" FRONT DESIGN-WALK-UP ATTIC, BIG ROOMS,NICE NGHBD, TREED FLAT LOT, GENER. ALLOW'S. 28' KITCHEN,MUD ROOM, HW IN DR, BLDR WILL CUSTOMIZE. FAMRM W/VAULTED CEILING. ALOT OF HOUSE FOR THE MONEY.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 13,199
  • Total Building Area: 2,082
  • Gross Building Area: 2,512
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • School Tax School District: N MIDDLESEX SD
  • Census Tract: 327102

Zoning

  • Zoning: TNR

Geography

  • Parcel: PEPP M:0014 B:0179 L:00000
  • Block: 179
  • Municipality: PEPPERELL
  • Latitude: 42.6694
  • Longitude: -71.6085

    Address

  • Full Address: 3 Palmer Rd
  • Address - House Number: 3
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Pepperell
  • Carrier Code: R006
  • 4-Digit Zip Code: 1160
  • Zip Code: 01463

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,900

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 462,900
  • High Value: 542,709
  • Low Value: 383,091

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $404,100
  • Assessed Land Value: $125,900
  • Assessed Improvements Value: $278,200

    Sales

  • Current Sale Recording Date: Dec 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 210399
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 Pepperell

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2532 ft²

Average Home Age

209.3 years

Currently For Sale

3 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: 4 months ago
Data Source: MLS PIN, MLS# 71901043

Frequently Asked Questions

When was property at 3 Palmer Road built and last sold?
The property at 3 Palmer Road was built in 1962 and last sold on Jan 1, 1970 for $247,000.
How much is this home worth?
The estimated value of the home located at 3 Palmer Road is $251,782.
What are some comparable homes to 3 Palmer Road?
There are currently no comparable homes to 3 Palmer Road.
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