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Palmer Town 01069
313 River St
$149,900
● House - Off Market

313 River St

Palmer, MA 01069
bedrooms
2 Beds
bathrooms
1 Bath
square feet
636 Ft²
$151,067
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Comfortable home with lots of potential.  2 bedroom home located within minutes to shopping, schools, points of interest and commute.  Home needs a little elbow grease and a decorative touch to make it glow!  Detached garage does need roof repair/replace and home is being sold "as seen" and "as is" Seller can not make any repairs and home may not qualify for some types of lending.
Unit Size
636 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$236
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #72946411)

Price History

Date / Event Date Event Price
May 16, 2022 Sold
Premium
Sold
Feb 26, 2022 Listed by Teamwork Realty Group, LLC $149,900
Listed by Teamwork Realty Group, LLC
Jan 19, 2006 Sold
Premium
Sold
Sep 1, 2005 Listed by Teamwork Realty Group, LLC $134,500
Listed by Teamwork Realty Group, LLC
Mar 12, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 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: 20,000
  • Total Building Area: 636
  • Gross Building Area: 1,650
  • Building Area: 636
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 636
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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:75
  • Block: 75
  • Municipality: PALMER
  • Latitude: 42.1971
  • Longitude: -72.3222

    Address

  • Full Address: 313 River St
  • Address - House Number: 313
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9510
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $266,900

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 196,809
  • High Value: 238,790
  • Low Value: 154,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,300
  • Assessed Land Value: $52,400
  • Assessed Improvements Value: $84,900

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29750
  • Previous Sale Recording Date: Jan 19, 2006
  • Previous Sale Amount: $122,000
  • 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:

$340,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2320 ft²

Average Home Age

68.6 years

Currently For Sale

28 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 months ago
Data Source: MLS PIN, MLS# 72946411

Frequently Asked Questions

When was property at 313 River Street built and last sold?
The property at 313 River Street was built in 1954 and last sold on May 16, 2022 for $149,900.
How much is this home worth?
The estimated value of the home located at 313 River Street is $151,649.
What are some comparable homes to 313 River Street?
There are currently no comparable homes to 313 River Street.
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