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Northampton 01062
731 Florence Road
$202,000
● House - Off Market

731 Florence Road

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,336 Ft²
$369,250
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

You'll feel right at home in this adorable raised ranch in Florence just minutes from the village center.  Open concept living room and kitchen with custom cabinets and breakfast bar, barn board accents and Mason Jar hanging lights make this the room you will never want to leave.  Sunny living room has big windows with natural light.  Hardwood floors throughout.   Beautiful tile bathroom with tiled storage in shower.  Wonderful vessel sink with antique vanity.  Large master bedroom in lower level with walk in closet, home office and laundry room.  Private terraced back yard with stone retaining wall and patio for outdoor entertaining.
Unit Size
1,336 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$157
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1971

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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 #71921653)

Price History

Date / Event Date Event Price
Feb 4, 2016 Sold
Premium
Sold
Oct 20, 2015 Listed by Borawski Real Estate $209,900
Listed by Borawski Real Estate
Jun 15, 2007 Sold
Premium
Sold
May 2, 2007 Listed by Borawski Real Estate $199,900
Listed by Borawski Real Estate
Oct 19, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 500
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,248
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 768
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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:0036 B:0171 L:0001
  • Block: 171
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3066
  • Longitude: -72.6753

    Address

  • Full Address: 731 Florence Rd
  • Address - House Number: 731
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: C020
  • 4-Digit Zip Code: 3654
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,800

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 313,805
  • High Value: 383,007
  • Low Value: 244,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,500
  • Assessed Land Value: $77,400
  • Assessed Improvements Value: $161,100

    Sales

  • Current Sale Recording Date: Feb 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2044
  • Previous Sale Recording Date: Jun 15, 2007
  • Previous Sale Amount: $187,000
  • 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:

$525,000

Sale Price/ft²

$331

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# 71921653

Frequently Asked Questions

When was property at 731 Florence Road built and last sold?
The property at 731 Florence Road was built in 1971 and last sold on Jan 1, 1970 for $202,000.
How much is this home worth?
The estimated value of the home located at 731 Florence Road is $226,861.
What are some comparable homes to 731 Florence Road?
There are currently no comparable homes to 731 Florence Road.
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