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Northampton 01062
617 Florence Rd
$288,500
● House - Off Market

617 Florence Rd

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,149 Ft²
$416,377
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

***OPEN HOUSE SUNDAY AUGUST 19th 11-3*** WOW, WOW, WOW! Completely remodeled from top to bottom. Absolutely nothing to do but move right in! Fantastic open floor plan with gleaming hardwood floors throughout. Gorgeous kitchen with granite counters and SS appliances. Expand your living area by 450 SF with the completely finished basement with new half bath/laundry. Keep AC bills down with the EMI mini split. Overlook the wooded backyard on your new deck. Other brand new upgrades include: architectural roof, vinyl siding, propane boiler/hot water combo unit, baseboards in all rooms, septic system, (Title 5 certificate in hand) 200 amp electrical service, new construction windows, and driveway. You name it...it's been done! Come see your new home today!
Unit Size
1,149 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$239
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1961

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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 #72380794)

Price History

Date / Event Date Event Price
Nov 2, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Lisa Berry Properties $349,800
Listed by Lisa Berry Properties
Oct 10, 2018 Sold
Premium
Sold
Aug 17, 2018 Listed by Lisa Berry Properties $274,900
Listed by Lisa Berry Properties
Nov 17, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 450
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,951
  • Total Building Area: 1,149
  • Gross Building Area: 1,149
  • Building Area: 1,149
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,149
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000619
  • 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:0037 B:0009 L:0001
  • Block: 9
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3108
  • Longitude: -72.6739

    Address

  • Full Address: 617 Florence Rd
  • Address - House Number: 617
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: C020
  • 4-Digit Zip Code: 3672
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $529,800

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 429,811
  • High Value: 511,934
  • Low Value: 347,688

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,500
  • Assessed Land Value: $81,800
  • Assessed Improvements Value: $252,700

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27427
  • Previous Sale Recording Date: Oct 10, 2018
  • Previous Sale Amount: $288,500
  • Previous Sale Document Type: O
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:

$530,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1918 ft²

Average Home Age

78.5 years

Currently For Sale

74 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: 4 months ago
Data Source: MLS PIN, MLS# 72380794

Frequently Asked Questions

When was property at 617 Florence Road built and last sold?
The property at 617 Florence Road was built in 1961 and last sold on Oct 18, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 617 Florence Road is $349,318.
What are some comparable homes to 617 Florence Road?
There are currently no comparable homes to 617 Florence Road.
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