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Northampton 01062
56 West Parsons Lane
$354,000
● House - Off Market

56 West Parsons Lane

Northampton, MA 01062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$817,564
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

A wonderful home tucked away on a quiet cul-de-sac just minutes to downtown Northampton and Florence.  The roof, furnace and tankless hot-water heater are all  updated.  On a warm summer day cool down in the backyard on the oversized deck or head inside and enjoy the central air or whole house fan.  In the winter there's a wood burning fireplace and radiant heated tile floor.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$190
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1991

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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: 5 months ago (MLSPIN #71376156)

Price History

Date / Event Date Event Price
Aug 1, 2012 Sold
Premium
Sold
May 2, 2012 Listed by Goggins Real Estate, Inc. $379,900
Listed by Goggins Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 46,609
  • Total Building Area: 2,056
  • Gross Building Area: 2,056
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARSONS WOODS
  • Land Acres: 0000001070
  • 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:0035 B:0261 L:0001
  • Block: 261
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.31
  • Longitude: -72.6992

    Address

  • Full Address: 56 W Parsons Ln
  • Address - House Number: 56
  • Street Direction: W
  • Address - Street Name: Parsons
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Florence
  • Carrier Code: C016
  • 4-Digit Zip Code: 3668
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $763,600

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 607,857
  • High Value: 731,280
  • Low Value: 484,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,100
  • Assessed Land Value: $122,600
  • Assessed Improvements Value: $359,500

    Sales

  • Current Sale Recording Date: Aug 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
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:

$545,000

Sale Price/ft²

$339

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1937 ft²

Average Home Age

84.4 years

Currently For Sale

65 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: 5 months ago
Data Source: MLS PIN, MLS# 71376156

Frequently Asked Questions

When was property at 56 West Parsons Lane built and last sold?
The property at 56 West Parsons Lane was built in 1991 and last sold on Jan 1, 1970 for $354,000.
How much is this home worth?
The estimated value of the home located at 56 West Parsons Lane is $396,219.
What are some comparable homes to 56 West Parsons Lane?
There are currently no comparable homes to 56 West Parsons Lane.
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