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Northampton 01062
337 Riverside Drive
$341,600
● House - Off Market

337 Riverside Drive

Northampton, MA 01062
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$537,005
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Come to view this charming older farmhouse on an open 1/2 acre lot in the Center of Bay State Village. This seven room two bath home has been well maintained and will sparkle will some key updates.  Recent work includes new asphalt roof, newer boiler with oil heat, a new electric panel with all knob and tube wiring removed and a   bone dry basement with new bulkhead...NOW FOR THE ADDED BONUS. THIS PROPERTY INCLUDES A LEGAL BUILDING LOT WHICH  COULD HOUSE ELDERLY PARENTS, ETC. OR SOLD OFF TO A BUILDER.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$246
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1890

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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 #72397665)

Price History

Date / Event Date Event Price
Mar 8, 2019 Sold
Premium
Sold
Sep 18, 2018 Listed by The Murphys REALTORS®, Inc. $359,000
Listed by The Murphys REALTORS®, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 18,905
  • Total Building Area: 1,460
  • Gross Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHAMPTON
  • Land Acres: 0000000434
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821602

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:030A B:0030 L:0001
  • Block: 30
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3212
  • Longitude: -72.6651

    Address

  • Full Address: 337 Riverside Dr
  • Address - House Number: 337
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C010
  • 4-Digit Zip Code: 2727
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,600

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 505,875
  • High Value: 628,569
  • Low Value: 383,181

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,700
  • Assessed Land Value: $170,900
  • Assessed Improvements Value: $246,800

    Sales

  • Current Sale Contract Date: Mar 05, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3650

    Financing

  • First Mortgage Financing Type: ADJ
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: 4 months ago
Data Source: MLS PIN, MLS# 72397665

Frequently Asked Questions

When was property at 337 Riverside Drive built and last sold?
The property at 337 Riverside Drive was built in 1890 and last sold on Mar 5, 2019 for $341,600.
How much is this home worth?
The estimated value of the home located at 337 Riverside Drive is $367,877.
What are some comparable homes to 337 Riverside Drive?
There are currently no comparable homes to 337 Riverside Drive.
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