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Northampton 01062
54 Emerson Way
$135,000
● Land - Off Market

54 Emerson Way

Northampton, MA 01062
bedrooms
Studio
bathrooms
0 Bath
$178,942
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

LAST REMAINING LOT! Corner lot in Northampton's newest destination neighborhood! This exciting community offers you the opportunity to build the home of your dreams in a beautiful natural setting less than three miles from downtown Northampton. The lots are generously-sized but manageable for your busy lifestyle, and aesthetic building covenants insure that the neighborhood upholds a vision of quality and integrity throughout. The homes, designed in contemporary Craftsman and Farmhouse styles, are sited on a circular private lane with sidewalks and street lamps. Nearly complete, Emerson Way is comprised of 55 residences set among 33 acres of common woodlands. Gas utilities and public water and sewer!
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$146
HOA Dues
$800
Year Built
2021

Payment Calculator

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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 #72640044)

Price History

Date / Event Date Event Price
Nov 9, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by Coldwell Banker Community REALTORS® $135,000
Listed by Coldwell Banker Community REALTORS®

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 645
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,369
  • Total Building Area: 3,154
  • Building Area: 3,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,154
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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:0036 B:0403 L:0001
  • Block: 403
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3115
  • Longitude: -72.6779

    Address

  • Full Address: 54 Emerson Way
  • Address - House Number: 54
  • Address - Street Name: Emerson
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Florence
  • Carrier Code: C010
  • 4-Digit Zip Code: 9208
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,151,600

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 870,749
  • High Value: 1,004,117
  • Low Value: 737,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $727,000
  • Assessed Land Value: $135,300
  • Assessed Improvements Value: $591,700

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23689
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:

$540,000

Sale Price/ft²

$330

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1908 ft²

Average Home Age

76 years

Currently For Sale

76 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# 72640044

Frequently Asked Questions

When was property at 54 Emerson Way built and last sold?
The property at 54 Emerson Way was built in 2021 and last sold on Nov 5, 2020 for $135,000.
How much is this home worth?
The estimated value of the home located at 54 Emerson Way is $136,350.
What are some comparable homes to 54 Emerson Way?
There are currently no comparable homes to 54 Emerson Way.
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