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Hampshire 01082
332 Palmer Rd.
$154,900
● House - Off Market

332 Palmer Rd.

Ware, MA 01082
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,116 Ft²
$263,754
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Cute ranch with all the amenities. Move-in condition. Why wait. Get starter home, in time to get everyone settled before the Fall season, and enjoy Summer in the great porch and back yard. Eat in dining room/kitchen combination. Screened porch adds to your living space in 3 seasons. Nice yard with pretty flowers. Newer roof and newer windows. Driveway and garage on corner where side street is. On bus line. Some hardwood floors. Kitchen appliances left for owners enjoyment, washer and dryer may be negotiable . Full basement and roomy garage complete this home.
Unit Size
1,116 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1964

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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 #72170458)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
May 22, 2017 Listed by Thompson Real Estate Group $165,000
Listed by Thompson Real Estate Group
Sep 10, 2015 Sold
Premium
Sold
May 8, 2015 Listed by Thompson Real Estate Group $145,000
Listed by Thompson Real Estate Group

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,116
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,116
  • Gross Building Area: 2,768
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ware School District
  • School Tax School District: WARE SD
  • Census Tract: 820101

Zoning

  • Zoning: RB

Geography

  • Account Number: 2636
  • Parcel: WARE M:00009 B:00000 L:00161
  • Lot: 161
  • Municipality: WARE
  • Latitude: 42.241
  • Longitude: -72.2775

    Address

  • Full Address: 332 Palmer Rd
  • Address - House Number: 332
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ware
  • Carrier Code: R003
  • 4-Digit Zip Code: 9740
  • Zip Code: 01082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,700

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 273,231
  • High Value: 336,753
  • Low Value: 209,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,900
  • Assessed Land Value: $39,000
  • Assessed Improvements Value: $165,900

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15093
  • Previous Sale Recording Date: Sep 10, 2015
  • Previous Sale Amount: $145,000
  • 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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2087 ft²

Average Home Age

70.3 years

Currently For Sale

354 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: 4 months ago
Data Source: MLS PIN, MLS# 72170458

Frequently Asked Questions

When was property at 332 Palmer Road built and last sold?
The property at 332 Palmer Road was built in 1964 and last sold on Jan 1, 1970 for $154,900.
How much is this home worth?
The estimated value of the home located at 332 Palmer Road is $176,796.
What are some comparable homes to 332 Palmer Road?
There are currently no comparable homes to 332 Palmer Road.
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