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Northampton 01060
64 Lyman Road
$625,000
● House - Off Market

64 Lyman Road

Northampton, MA 01060
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$745,322
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Classic Victorian on a storied street and a short stroll to the vibrant downtown center and Smith College campus. The current owner has generational residency that dates back to the 1950ties .. and the time is right to find new stewards of the property. As one might expect, there is no end to the period features found throughout the house. Fireplaces, flooring, grand entry hall and winding staircase, stained window panel, ceiling heights and craftsmanship details not found today. The two porches harken to the days of leisure and entertaining friends and family .. and both are large and covered. Updates are reasonable expectations, but the finished product will enhance both the neighborhood value ... and years of enjoyment of a very special home.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$375
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1890

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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 #73129328)

Price History

Date / Event Date Event Price
Sep 25, 2023 Sold
Premium
Sold
Jul 20, 2023 In contract -
In contract
Jun 28, 2023 Withdrawn -
Withdrawn
Jun 24, 2023 Listed by Denny Nolan Real Estate $750,000
Listed by Denny Nolan Real Estate
Oct 5, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 1,977
  • Gross Building Area: 1,977
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821903

Zoning

  • Zoning: URB

Geography

  • Parcel: NHAM M:039A B:0056 L:0001
  • Block: 56
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3112
  • Longitude: -72.6298

    Address

  • Full Address: 64 Lyman Rd
  • Address - House Number: 64
  • Address - Street Name: Lyman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northampton
  • Carrier Code: C001
  • 4-Digit Zip Code: 4228
  • Zip Code: 01060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $721,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2423
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 655,978
  • High Value: 814,953
  • Low Value: 497,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,700
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $254,300

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Sep 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14954
  • Previous Sale Recording Date: Oct 05, 1995
  • Previous Sale Amount: $168,000
  • 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 Northampton

Stats & Trends

Median Asking:

$535,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1911 ft²

Average Home Age

75.8 years

Currently For Sale

78 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# 73129328

Frequently Asked Questions

When was property at 64 Lyman Road built and last sold?
The property at 64 Lyman Road was built in 1890 and last sold on Sep 25, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 64 Lyman Road is $742,900.
What are some comparable homes to 64 Lyman Road?
There are currently no comparable homes to 64 Lyman Road.
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