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Northampton 01062
503 Riverside Dr
$260,000
● House - Off Market

503 Riverside Dr

Northampton, MA 01062
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$456,618
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Quaint, quiet family home in desirable Florence / Northampton location on Riverside Drive.  Featuring updated great room with fireplace and extended porch, this 2 bed, 1.5 bath home is ready for you and your family to move right in.  Large 1800 sq ft. with potential for 3rd bedroom.  Step outside an enjoy private river access and public parks, or drive 5 minutes to downtown Northampton.  This beautiful home will not last long.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$149
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1900

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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 #71980456)

Price History

Date / Event Date Event Price
Jun 27, 2016 Sold
Premium
Sold
Mar 31, 2016 Listed by Keller Williams Realty $269,000
Listed by Keller Williams Realty
May 10, 2006 Sold
Premium
Sold
Dec 12, 2005 Listed by Keller Williams Realty $259,000
Listed by Keller Williams Realty
Jun 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,235
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EQUITY BUILDERS INC
  • Land Acres: 0000000212
  • 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:0027 L:0001
  • Block: 27
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3263
  • Longitude: -72.6676

    Address

  • Full Address: 503 Riverside Dr
  • Address - House Number: 503
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C010
  • 4-Digit Zip Code: 2748
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,200

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 402,867
  • High Value: 481,767
  • Low Value: 323,967

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,300
  • Assessed Land Value: $107,500
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12305
  • Previous Sale Recording Date: May 10, 2006
  • Previous Sale Amount: $250,000
  • 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:

$535,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1911 ft²

Average Home Age

75.8 years

Currently For Sale

78 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71980456

Frequently Asked Questions

When was property at 503 Riverside Drive built and last sold?
The property at 503 Riverside Drive was built in 1900 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 503 Riverside Drive is $291,654.
What are some comparable homes to 503 Riverside Drive?
There are currently no comparable homes to 503 Riverside Drive.
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