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Northampton 01062
497 Riverside Dr
Photo of 497 Riverside Dr
Sold on Jun 17, 2025

41

Map

Photo of 497 Riverside Dr
Photo of 497 Riverside Dr
$560,000
● House - Off Market

497 Riverside Dr

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,792 Ft²
$3,104
Est. Monthly
3.72%
Cap Rate

About This Property

Spectacular vinyl sided colonial located in sought after Florence section of Northampton.  Wonderful private treed lot with seasonal views of the river. Lovely porch to enjoy an afternoon ice tea, along with a grilling deck for evening meals. This home welcomes friends and family with it's open floor plan and 2 gas fireplaces -one in the livingroom and one in the lower level for casual entertaining. 3 spacious bedrooms,1.5 bathrooms plus a finished lower level for additional entertaining makes this home a must have. Only minutes to downtown, schools ( Leeds Elementary), shopping and highways. Don't wait- schedule a private tour today  Subject to Seller finding suitable housing.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
-
Price per sqft
$295
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
2005

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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: 2 years ago (MLSPIN #73345436)

Price History

Date / Event Date Event Price
Jun 17, 2025 Sold
Premium
Sold
Mar 20, 2025 In contract -
In contract
Mar 13, 2025 Listed $527,900
Listed
Jan 26, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,465
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000906
  • 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:023C B:0108 L:0001
  • Block: 108
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3266
  • Longitude: -72.6673

    Address

  • Full Address: 497 Riverside Dr
  • Address - House Number: 497
  • 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: $586,400

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 484,838
  • High Value: 583,282
  • Low Value: 386,394

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,200
  • Assessed Land Value: $120,300
  • Assessed Improvements Value: $249,900

    Sales

  • Current Sale Recording Date: Jan 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00002196
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

$330

Below Asking

0.01%

Average Days on Market

55

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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73345436

Frequently Asked Questions

When was property at 497 Riverside Drive built and last sold?
The property at 497 Riverside Drive was built in 2005 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 497 Riverside Drive is $0.
What are some comparable homes to 497 Riverside Drive?
There are currently no comparable homes to 497 Riverside Drive.
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