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Palmer Town 01080
5 Ruggles St
Photo of 5 Ruggles St
Sold on Apr 24, 2025

30

Map

Photo of 5 Ruggles St
Photo of 5 Ruggles St
$240,000
● House - Off Market

5 Ruggles St

Palmer, MA 01080
bedrooms
2 Beds
bathrooms
1 Bath
square feet
876 Ft²
$1,439
Est. Monthly
7.52%
Cap Rate

About This Property

BUYER WITHDREW BEFORE INSPECTION!!  This adorable 2 bedroom bungalow is flooded with natural light and move-in ready! This well-maintained property boasts 9 ft ceilings with the beautiful wood floors adding warmth and character.  The home includes a spacious walk-up attic that offers additional storage space if needed, along with a full basement featuring a bulkhead and washer and dryer. The large garage provides ample space for parking and storage. The exterior is maintenance-free with durable aluminum siding, making upkeep a breeze.  In addition, there are two porches, a large front porch and a smaller side porch.  Located in a prime spot in Palmer, you'll have easy access to all amenities and quick entry to the Mass Pike. Don't miss out on this affordable opportunity!
Unit Size
876 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$262
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1915

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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 #73344150)

Price History

Date / Event Date Event Price
Apr 24, 2025 Sold
Premium
Sold
Mar 26, 2025 In contract -
In contract
Mar 15, 2025 In contract -
In contract
Mar 11, 2025 Listed $229,900
Listed
Jun 15, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,340
  • Total Building Area: 876
  • Gross Building Area: 1,941
  • Building Area: 876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:78 B:145
  • Block: 145
  • Municipality: PALMER
  • Latitude: 42.1831
  • Longitude: -72.3571

    Address

  • Full Address: 5 Ruggles St
  • Address - House Number: 5
  • Address - Street Name: Ruggles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1135
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362,500

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 264,538
  • High Value: 320,484
  • Low Value: 208,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,800
  • Assessed Land Value: $52,600
  • Assessed Improvements Value: $131,200

    Sales

  • Current Sale Recording Date: Jun 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33009
  • Previous Sale Recording Date: Feb 23, 2007
  • Previous Sale Amount: $147,900
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2317 ft²

Average Home Age

74.9 years

Currently For Sale

27 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: 4 months ago
Data Source: MLS PIN, MLS# 73344150

Frequently Asked Questions

When was property at 5 Ruggles Street built and last sold?
The property at 5 Ruggles Street was built in 1915 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 5 Ruggles Street is $226,998.
What are some comparable homes to 5 Ruggles Street?
There are currently no comparable homes to 5 Ruggles Street.
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