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Northampton 01062
31 Fairway Drive
$220,000
● House - Off Market

31 Fairway Drive

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
994 Ft²
$394,592
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

PRICE REDUCTION!! Motivated Sellers!  Get in before the holidays!!! Neat and tidy 3 bedroom ranch on quiet cul-de-sac. New flooring, new deck, partially finished basement.  Minutes from downtown Northampton. Come take a look!
Unit Size
994 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$236
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1973

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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 #72061836)

Price History

Date / Event Date Event Price
Jan 20, 2017 Sold
Premium
Sold
Sep 5, 2016 Listed by RE/MAX Compass $235,000
Listed by RE/MAX Compass
Jul 28, 2010 Sold
Premium
Sold
Mar 9, 2010 Listed by RE/MAX Compass $235,000
Listed by RE/MAX Compass

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 400
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,692
  • Total Building Area: 988
  • Gross Building Area: 994
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 988
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK HILL ACRES
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Parcel: NHAM M:0044 B:0075 L:0001
  • Block: 75
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.2985
  • Longitude: -72.6747

    Address

  • Full Address: 31 Fairway Dr
  • Address - House Number: 31
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: R004
  • 4-Digit Zip Code: 9717
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,800

    Appraisal Valuation

  • Standard Deviation: 0.2145
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 348,333
  • High Value: 423,086
  • Low Value: 273,581

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,000
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $195,500

    Sales

  • Current Sale Recording Date: Jan 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1417
  • Previous Sale Recording Date: Jul 28, 2010
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72061836

Frequently Asked Questions

When was property at 31 Fairway Drive built and last sold?
The property at 31 Fairway Drive was built in 1973 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 31 Fairway Drive is $242,387.
What are some comparable homes to 31 Fairway Drive?
There are currently no comparable homes to 31 Fairway Drive.
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