For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Palmer Town 01080
71 Bourne St
$220,000
● House - Off Market

71 Bourne St

Palmer, MA 01080
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,508 Ft²
$214,848
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome Home! The perfect blend of comfortable living, choice location and affordable price. This Colonial has been remodeled throughout.   The main level features a newer kitchen w/eat in dining area, a formal dining room with a wet bar and a 1st level full bathroom.   The 2nd level offers three spaces bedrooms with laminate Pergo floors, a laundry room and a full bathroom. The oversize barn with 2 levels for all your bikes, tools and toys your own!   Updates include: newer plumbing, hot water tank 2014 and pellet stove & mini splits for heat and air installed in 2021 approx.   NOT A DRIVE BY THIS HOME IS A MUST SEE!  Set up your private showings.
Unit Size
1,508 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$139
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1900

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72982163)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
May 16, 2022 Listed by RE/MAX IGNITE $210,000
Listed by RE/MAX IGNITE
Jun 1, 2017 Sold
Premium
Sold
Jan 6, 2017 Listed by RE/MAX IGNITE $129,000
Listed by RE/MAX IGNITE
Nov 21, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 852
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,975
  • Total Building Area: 1,578
  • Gross Building Area: 1,690
  • Building Area: 1,578
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,578
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:71 B:76
  • Block: 76
  • Municipality: PALMER
  • Latitude: 42.1814
  • Longitude: -72.3576

    Address

  • Full Address: 71 Bourne St
  • Address - House Number: 71
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1335
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $352,600

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 257,634
  • High Value: 312,347
  • Low Value: 202,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,800
  • Assessed Land Value: $52,400
  • Assessed Improvements Value: $126,400

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41508
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Amount: $114,995
  • 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:

$337,657

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2317 ft²

Average Home Age

74.9 years

Currently For Sale

27 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72982163

Frequently Asked Questions

When was property at 71 Bourne Street built and last sold?
The property at 71 Bourne Street was built in 1900 and last sold on Jul 8, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 71 Bourne Street is $216,905.
What are some comparable homes to 71 Bourne Street?
There are currently no comparable homes to 71 Bourne Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Palmer Town Homes for Sale
Palmer Town Houses for Sale
Palmer Town Condos for Sale
Palmer Town Multifamily for Sale
Palmer Town Land for Sale
Palmer Town Commercial for Sale
Palmer Town Homes with Basements
Palmer Town Homes with Pools
Nearby Cities
Springfield Homes for Sale
Chicopee Homes for Sale
Longmeadow Homes for Sale
Ware Homes for Sale
Wilbraham Homes for Sale
Belchertown Homes for Sale
Fiskdale Homes for Sale
Sturbridge Homes for Sale
Nearby Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Tolland County, CT Property Records
Worcester County, MA Property Records
Franklin County, MA Property Records
Windham County, CT Property Records
Hartford County, CT Property Records
Berkshire County, MA Property Records
Neighborhoods
Forest Park Real Estate
Sixteen Acres Real Estate
East Forest Park Real Estate
Pine Point Real Estate
East Springfield Real Estate
Indian Orchard Real Estate
Boston Road Real Estate
Upper Hill Real Estate
Nearby Counties
Springfield Homes for Sale
Chicopee Homes for Sale
Longmeadow Homes for Sale
Ludlow Homes for Sale
East Longmeadow Homes for Sale
Belchertown Homes for Sale
Wilbraham Homes for Sale
Sturbridge Homes for Sale
Top Real Estate Agents
Top Agents in Palmer Town
Top Agents in Springfield
Top Agents in Springfield
Top Agents in Chicopee
Top Agents in Chicopee
Top Agents in 01108
Top Agents in Forest Park
Top Agents in Sixteen Acres