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Northampton 01060
68 Lyman Road
$515,000
● House - Off Market

68 Lyman Road

Northampton, MA 01060
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$928,936
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Built in 1890 for a judge, this home has been well loved and cared for ever since. Large expansive rooms filled with light will invite you to make this home your own. The southern exposure shows off the gleaming wood floors found in each room, and you will be impressed with the care that has been taken with this home over the years.  Enter though the wrap around three season sun porch, into a huge foyer and prepare to be impressed. In addition, up a separate staircase, is a large room suitable for a studio, home office, child's playroom or anything you choose! The large level yard is a rare find this close to downtown, as is an oversize brick carriage house style two car garage. Replacement windows, a recent roof and high efficiency natural gas Buderus boiler will help you run this house economically.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$239
Property Type
House
Property Taxes
$584
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 #71892583)

Price History

Date / Event Date Event Price
Aug 1, 2016 Sold
Premium
Sold
Aug 20, 2015 Listed by The Murphys REALTORS®, Inc. $550,000
Listed by The Murphys REALTORS®, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 23
  • Exterior Walls Type: 12
  • 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: 11,038
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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:0055 L:0001
  • Block: 55
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.311
  • Longitude: -72.6296

    Address

  • Full Address: 68 Lyman Rd
  • Address - House Number: 68
  • 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: $1,057,000

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 779,259
  • High Value: 967,717
  • Low Value: 590,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $667,300
  • Assessed Land Value: $202,600
  • Assessed Improvements Value: $464,700

    Sales

  • Current Sale Recording Date: Aug 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15506
  • Previous Sale Recording Date: Jun 10, 2008
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71892583

Frequently Asked Questions

When was property at 68 Lyman Road built and last sold?
The property at 68 Lyman Road was built in 1890 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 68 Lyman Road is $563,554.
What are some comparable homes to 68 Lyman Road?
There are currently no comparable homes to 68 Lyman Road.
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