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Palmer Town 01069
591 Old Warren Rd
$223,000
● House - Off Market

591 Old Warren Rd

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,498 Ft²
$384,518
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Super energy efficient home ...very privately set on large lot.  Open LR DR Kitchen with soaring ceilings and a wall of glass....with views of rolling hills.  Country feel but minutes to downtown. Family room and bar area finished in basement...huge laundry room and half bath.  Fully applianced kitchen, open plan styling...a unique home a must see.
Unit Size
1,498 Ft²
Days on Market
-
Land Size
1.45 acres
Price per sqft
$153
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
2007

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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 #72049592)

Price History

Date / Event Date Event Price
Jan 4, 2017 Sold
Premium
Sold
Aug 5, 2016 Listed by MA Homes, LLC $229,000
Listed by MA Homes, LLC
Jul 7, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 63,162
  • Total Building Area: 1,498
  • Gross Building Area: 4,352
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001450
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810100

Geography

  • Parcel: PALM M:21 B:7 L:8
  • Block: 7
  • Lot: 8
  • Municipality: PALMER
  • Latitude: 42.1958
  • Longitude: -72.267

    Address

  • Full Address: 591 Old Warren Rd
  • Address - House Number: 591
  • Address - Street Name: Old Warren
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Palmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 9642
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $578,300

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 368,228
  • High Value: 438,762
  • Low Value: 297,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,500
  • Assessed Land Value: $61,900
  • Assessed Improvements Value: $235,600

    Sales

  • Current Sale Recording Date: Jan 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 573
  • Previous Sale Recording Date: Jul 07, 2004
  • Previous Sale Amount: $230,000
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2282 ft²

Average Home Age

76.7 years

Currently For Sale

29 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72049592

Frequently Asked Questions

When was property at 591 Old Warren Road built and last sold?
The property at 591 Old Warren Road was built in 2007 and last sold on Jan 1, 1970 for $223,000.
How much is this home worth?
The estimated value of the home located at 591 Old Warren Road is $238,436.
What are some comparable homes to 591 Old Warren Road?
There are currently no comparable homes to 591 Old Warren Road.
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