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Northampton 01062
317 Florence Road
$345,000
● House - Off Market

317 Florence Road

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,244 Ft²
$350,587
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

MORE SPACE than meets eye!  Come check out this 3 bedroom, 1.5 bath Ranch home on over one third of an acre bordered by woods. SWEET lay-out & feel! Updated kitchen has tile backsplash & skylight. Step down into the lovely dining area with windows facing the backyard. Dining area opens to breezy, screened porch & large deck. Perfect set-up for entertaining with open space & bright light. PLUS: 2 heating/AIR CONDITIONING mini-splits, FINISHED BASEMENT consists of den, new half bath & workshop area + walk-out to backyard. PLUS: Attached 2-car garage with sub-panel & ramp, hardwood oak floors, fenced-in area for dog, excellent closet space, town water & sewer services. This sweet ranch is appealing, affordable, centrally located and as an extra Bonus - property backs up to Brookwood Marsh Conservation Area!
Unit Size
1,244 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$281
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1970

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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: 4 months ago (MLSPIN #73105140)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
May 11, 2023 In contract -
In contract
May 1, 2023 Listed by Delap Real Estate LLC $350,000
Listed by Delap Real Estate LLC
Jul 2, 2015 Sold
Premium
Sold
Apr 19, 2015 Listed by Delap Real Estate LLC $229,900
Listed by Delap Real Estate LLC
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Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,655
  • Total Building Area: 944
  • Gross Building Area: 944
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 944
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KAY-VEE REALTY CO INC SURV
  • Land Acres: 0000000359
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: URA

Geography

  • Parcel: NHAM M:030A B:0070 L:0001
  • Block: 70
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.32
  • Longitude: -72.6738

    Address

  • Full Address: 317 Florence Rd
  • Address - House Number: 317
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: C020
  • 4-Digit Zip Code: 2667
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,600

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 350,768
  • High Value: 427,996
  • Low Value: 273,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,900
  • Assessed Land Value: $77,900
  • Assessed Improvements Value: $199,000

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 9574
  • Previous Sale Recording Date: Jul 02, 2015
  • Previous Sale Amount: $227,200
  • 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:

$530,000

Sale Price/ft²

$332

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73105140

Frequently Asked Questions

When was property at 317 Florence Road built and last sold?
The property at 317 Florence Road was built in 1970 and last sold on Jun 29, 2023 for $345,000.
How much is this home worth?
The estimated value of the home located at 317 Florence Road is $352,169.
What are some comparable homes to 317 Florence Road?
There are currently no comparable homes to 317 Florence Road.
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