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Northampton 01062
498 Park Hill Rd
$565,000
● House - Off Market

498 Park Hill Rd

Northampton, MA 01062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,528 Ft²
$882,412
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Enjoy your own private estate on nearly 5 secluded acres with this Victorian Farmhouse-style Colonial! Wonderful flowing floor plan, complete with spacious mudroom, eat-in kitchen, formal dining room, family room and formal living room comprising the first floor. The second floor boasts 4 spacious bedrooms, including a large Master Suite with a beautiful Master bathroom including jetted tub, shower, and dual vanity. Beautiful sun-filled, meticulous rooms throughout. Other perks include hardwood and tile flooring, central air and a huge 3-car garage. You'll love the wrap-around covered porch, as well as the potential mountain range views from the back of the property. The best of country living just minutes to downtown Northampton and Easthampton!
Unit Size
2,528 Ft²
Days on Market
-
Land Size
4.92 acres
Price per sqft
$229
Property Type
House
Property Taxes
$714
HOA Dues
-
Year Built
1999

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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 #72358686)

Price History

Date / Event Date Event Price
Dec 12, 2018 Sold
Premium
Sold
Jul 9, 2018 Listed by Canon Real Estate, Inc. $580,000
Listed by Canon Real Estate, Inc.
Mar 24, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 214,272
  • Total Building Area: 2,528
  • Gross Building Area: 2,528
  • Building Area: 2,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,528
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 822200

Zoning

  • Zoning: SR

Geography

  • Parcel: NHAM M:0043 B:0171 L:0001
  • Block: 171
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.2901
  • Longitude: -72.6914

    Address

  • Full Address: 498 Park Hill Rd
  • Address - House Number: 498
  • Address - Street Name: Park Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: R004
  • 4-Digit Zip Code: 9750
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,029,000

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 800,997
  • High Value: 945,202
  • Low Value: 656,792

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649,600
  • Assessed Land Value: $122,100
  • Assessed Improvements Value: $527,500

    Sales

  • Current Sale Contract Date: Dec 11, 2018
  • Current Sale Recording Date: Dec 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25188
  • Previous Sale Recording Date: Mar 24, 2000
  • Previous Sale Amount: $332,500
  • 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:

$530,000

Sale Price/ft²

$332

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# 72358686

Frequently Asked Questions

When was property at 498 Park Hill Road built and last sold?
The property at 498 Park Hill Road was built in 1999 and last sold on Dec 11, 2018 for $565,000.
How much is this home worth?
The estimated value of the home located at 498 Park Hill Road is $598,594.
What are some comparable homes to 498 Park Hill Road?
There are currently no comparable homes to 498 Park Hill Road.
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