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Northampton 01062
38 Matthew Drive
$215,000
● House - Off Market

38 Matthew Drive

Northampton, MA 01062
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,040 Ft²
$414,761
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Beautifully updated 2 bedroom 2 bathroom ranch in desirable Florence neighborhood.  Yellow birch hardwood floors and tile throughout.  Large master suite with bath and walk-in closet.  Master bath has 5' stand-up, tiled shower with dual shower heads and large glass door.  Large 2nd bedroom with ample closet space.  Granite tiled 2nd bathroom with new fiberglass tub.  Granite tile kitchen countertop.  Quadrafire wood stove in living room adds warmth and ambiance and reduces energy costs.  Shed offers room for outside storage and full, dry basement allows for ample additional storage and room to expand living space.  Efficient forced air gas heating system when not utilizing wood stove.  Mature perennials beautify the exterior in the summer months.  all appliances to remain.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$214
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1987

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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 #71709813)

Price History

Date / Event Date Event Price
Oct 31, 2014 Sold
Premium
Sold
Jul 7, 2014 Listed by RE/MAX Hill & Valley $222,500
Listed by RE/MAX Hill & Valley
Dec 17, 2009 Sold
Premium
Sold
Sep 13, 2009 Listed by RE/MAX Hill & Valley $205,000
Listed by RE/MAX Hill & Valley

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 5,998
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821700

Zoning

  • Zoning: URA

Geography

  • Parcel: NHAM M:0029 B:0507 L:0001
  • Block: 507
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3205
  • Longitude: -72.6943

    Address

  • Full Address: 38 Matthew Dr
  • Address - House Number: 38
  • Address - Street Name: Matthew
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C024
  • 4-Digit Zip Code: 3456
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,500

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 408,550
  • High Value: 487,908
  • Low Value: 329,192

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,900
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $176,900

    Sales

  • Current Sale Recording Date: Oct 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20460
  • Previous Sale Recording Date: Dec 17, 2009
  • Previous Sale Amount: $204,000
  • 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 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# 71709813

Frequently Asked Questions

When was property at 38 Matthew Drive built and last sold?
The property at 38 Matthew Drive was built in 1987 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 38 Matthew Drive is $233,605.
What are some comparable homes to 38 Matthew Drive?
There are currently no comparable homes to 38 Matthew Drive.
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