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Hampden
324 Palmer Road
$325,900
● House - Off Market

324 Palmer Road

Brimfield, MA 01010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,936 Ft²
$343,165
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

This beautiful 3 bedroom 2.5 bath home is ready for new owners! Conveniently located on Route 20, this home makes your commute East or West a breeze. The long driveway leads to your two car garage. Enter through the garage, or up the stairs to the front door. Step in to find a beautifully spacious Living, Kitchen and Dining area. Sliding glass doors will lead you to the back deck, and scenic yard. Down the hall, you'll find a full bathroom, 2 large carpeted bedrooms, and your carpeted Master Bedroom complete with a private full bathroom. Downstairs you'll find a large finished basement area and laundry hook ups, conveniently located in the half bath. This house is ready to be home!
Unit Size
1,936 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$168
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
2020

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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 #72913912)

Price History

Date / Event Date Event Price
Feb 1, 2022 Sold
Premium
Sold
Oct 28, 2021 Listed by Landmark, REALTORS® $325,900
Listed by Landmark, REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,176
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Total Building Area: 1,176
  • Gross Building Area: 2,464
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Brimfield School District
  • Census Tract: 813802

Zoning

  • Zoning: B

Geography

  • District: 43
  • Parcel: BRIM M:0009 B:000B L:11.1
  • Block: B
  • Lot: 11.1
  • Municipality: BRIMFIELD
  • Latitude: 42.1315
  • Longitude: -72.2544

    Address

  • Full Address: 324 Palmer Rd
  • Address - House Number: 324
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Brimfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 9689
  • Zip Code: 01010

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,200

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 395,419
  • High Value: 471,911
  • Low Value: 318,927

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $342,100
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $281,500

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6761
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 Hampden

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$228

Above Asking

0.72%

Average Days on Market

54

Average Home Size

2150 ft²

Average Home Age

78.1 years

Currently For Sale

810 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# 72913912

Frequently Asked Questions

When was property at 324 Palmer Road built and last sold?
The property at 324 Palmer Road was built in 2020 and last sold on Feb 1, 2022 for $325,900.
How much is this home worth?
The estimated value of the home located at 324 Palmer Road is $336,627.
What are some comparable homes to 324 Palmer Road?
There are currently no comparable homes to 324 Palmer Road.
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