589 Florence Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Delap Real Estate LLC | $545,000 | |
| Listed by Delap Real Estate LLC | |||
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*Offers due Tuesday 3/17 at 6 pm* Welcome to your Western MA dream home! This recently remodeled farmhouse blending original character with modern comforts.The first floor offers a large primary bedroom, full bathroom with walk in shower, living and dining room with refinished hardwood floors, a bright and airy kitchen with new appliances and quartz countertops. Off the kitchen, you'll find the perfect laundry/pantry/mudroom with plenty of storage.The bright family room doubles as a home theater with black out blinds.Upstairs you'll find two bedrooms, a full bathroom and a home office, perfect for remote work.Owned solar panels, mini-splits and triple paned windows are just a few of the smart green updates. The real show stopper is the 1.4 acre yard (composed of 2 lots) a deck to sit on and enjoy your fenced in garden and watch the chickens roam.Perfectly situated between downtown Northampton and Easthampton.Come see it in person, too many updates to list.
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| Nov 10, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017