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Palmer Town 01069
65 Riverview Pkwy
$180,000
● House - Off Market

65 Riverview Pkwy

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$328,358
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Beautiful 3 bedroom ranch on a lovely dead end street.  House features hardwood floors throughout, updated kitchen with tile flooring.  The house is freshly painted and has many new features such as: replacement windows, new roof within 5 years, new siding within 3 years, new exterior doors; oil burner and water heater replaced within last 8 years. There is also a large fenced in back yard for outside enjoyment. This is a lovely turn-key property that is just waiting for you to call it home.  Easy to show - make your appointment today!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$159
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1960

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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 #71812640)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by Gallagher Real Estate $251,500
Listed by Gallagher Real Estate
Jul 17, 2015 Sold
Premium
Sold
Apr 7, 2015 Listed by Gallagher Real Estate $184,900
Listed by Gallagher Real Estate
Jul 26, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 14,530
  • Total Building Area: 1,160
  • Gross Building Area: 2,368
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:54 B:26
  • Block: 26
  • Municipality: PALMER
  • Latitude: 42.1488
  • Longitude: -72.3182

    Address

  • Full Address: 65 Riverview Pkwy
  • Address - House Number: 65
  • Address - Street Name: Riverview
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Palmer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1831
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,200

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 293,930
  • High Value: 353,735
  • Low Value: 234,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,300
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $189,800

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44784
  • Previous Sale Recording Date: Jul 17, 2015
  • Previous Sale Amount: $180,000
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2255 ft²

Average Home Age

73.1 years

Currently For Sale

30 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# 71812640

Frequently Asked Questions

When was property at 65 Riverview Parkway built and last sold?
The property at 65 Riverview Parkway was built in 1960 and last sold on Jun 28, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 65 Riverview Parkway is $252,390.
What are some comparable homes to 65 Riverview Parkway?
There are currently no comparable homes to 65 Riverview Parkway.
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