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Northampton 01060
31 Murphy Ter
$280,000
● House - Off Market

31 Murphy Ter

Northampton, MA 01060
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,353 Ft²
$377,767
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Location, location, location!   Tucked away on a dead-end street near Child's Park and the YMCA.  Level yard with trees and arbor vitae provides tranquility.  In addition, there is a screen house attached to the shed.  Although in need of updates, this house affords many possibilities.  The full bathroom on the first floor, along with two of the four bedrooms, makes first floor living a comfortable option.  The over-sized bathroom on the second floor allows for possible expansion.  There are hardwood floors in the living room and all four bedrooms.  As Per Owner: gutters (3 years old); roof (8-10 years old); boiler (10-15 years old); newer oil tank; dry basement.  This house has charm and character, and awaits its new owners to make it their own!
Unit Size
1,353 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$211
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 years ago (MLSPIN #72727312)

Price History

Date / Event Date Event Price
May 17, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed by Delap Real Estate LLC $399,000
Listed by Delap Real Estate LLC
Nov 9, 2020 Sold
Premium
Sold
Sep 16, 2020 Listed by Delap Real Estate LLC $285,000
Listed by Delap Real Estate LLC

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,692
  • Total Building Area: 1,353
  • Gross Building Area: 1,353
  • Building Area: 1,353
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,353
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821901

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:024A B:0205 L:0001
  • Block: 205
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3306
  • Longitude: -72.644

    Address

  • Full Address: 31 Murphy Ter
  • Address - House Number: 31
  • Address - Street Name: Murphy
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Northampton
  • Carrier Code: C023
  • 4-Digit Zip Code: 1610
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $638,200

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 532,084
  • High Value: 640,074
  • Low Value: 424,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,900
  • Assessed Land Value: $201,600
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11811
  • Previous Sale Recording Date: Nov 09, 2020
  • Previous Sale Contract Date: Nov 04, 2020
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: O
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72727312

Frequently Asked Questions

When was property at 31 Murphy Terrace built and last sold?
The property at 31 Murphy Terrace was built in 1955 and last sold on May 17, 2021 for $415,000.
How much is this home worth?
The estimated value of the home located at 31 Murphy Terrace is $401,751.
What are some comparable homes to 31 Murphy Terrace?
There are currently no comparable homes to 31 Murphy Terrace.
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