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Franklin 01360
563 Pine Meadow
$240,000
● House - Off Market

563 Pine Meadow

Northfield, MA 01360
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$417,799
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Open concept living in this spacious, beautifully maintained home. a large sunroom you have to see for yourself. Tile floors, central air and radiant heat in the sunroom that is the heart of this home. The living room has hardwood flooring and a fireplace with a gas insert. The living room flows nicely into a dining area, and an open kitchen with a breakfast nook. Large master bedroom, with a master bath and two additional bedrooms.  Great screened in three season porch to enjoy the country setting. Additionally, there is a great gazebo and mature landscaping in the large yard. The basement is unfinished, but is a large area that is heated and adds to the usable space in this home.  Generator, new refrigerator, microwave, carpet, and it has all been freshly painted. Don't miss out on this beautiful home.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$119
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1992

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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 #72181938)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Terri Phelps Real Estate $262,000
Listed by Terri Phelps Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 52,708
  • Total Building Area: 1,852
  • Gross Building Area: 2,672
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pioneer Valley School District
  • School Tax School District: PIONEER VLY SD
  • Census Tract: 040300

Zoning

  • Zoning: RA

Geography

  • District: 217
  • Parcel: NFLD M:054 B:000B2 L:1
  • Block: B2
  • Lot: 1
  • Municipality: NORTHFIELD
  • Latitude: 42.6363
  • Longitude: -72.4816

    Address

  • Full Address: 563 Pine Meadow Rd
  • Address - House Number: 563
  • Address - Street Name: Pine Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9635
  • Zip Code: 01360

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $469,500

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 373,436
  • High Value: 466,991
  • Low Value: 279,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $345,700
  • Assessed Land Value: $51,400
  • Assessed Improvements Value: $294,300

    Sales

  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9354
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 Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2181 ft²

Average Home Age

95.2 years

Currently For Sale

156 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: 5 months ago
Data Source: MLS PIN, MLS# 72181938

Frequently Asked Questions

When was property at 563 Pine Meadow Road built and last sold?
The property at 563 Pine Meadow Road was built in 1992 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 563 Pine Meadow Road is $275,636.
What are some comparable homes to 563 Pine Meadow Road?
There are currently no comparable homes to 563 Pine Meadow Road.
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