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Northampton 01062
78 Overlook Dr
$345,000
● House - Off Market

78 Overlook Dr

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,538 Ft²
$369,250
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Tastefully finished ranch in desirable Florence has everything you're looking for. All new kitchen has been completed with only the highest quality materials such as quartz counter tops, tile backsplash, and all new appliances. The hardwood floors have been refinished and look brand new! Enjoy a new bathroom with walk-in shower. Sliding doors off the kitchen lead to a partially enclosed deck where you still have time to enjoy meals outside. The basement has been finished off with a massive great room and also a flex room that has many possibilities!  The end of the driveway boasts an oversized shed with a new roof that you can fill with all of your lawn tools, or even a small vehicle. This home and location are perfect, come see it for yourself!
Unit Size
1,538 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$228
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1969

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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 #73026595)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Nov 7, 2022 In contract -
In contract
Oct 12, 2022 Price Decreased $349,900
↓ $10K (2.8%)
Price Decreased
Oct 2, 2022 Price Increased $359,900
↑ $10K (2.9%)
Price Increased
Aug 25, 2022 Listed by Lock and Key Realty Inc. $349,900
Listed by Lock and Key Realty Inc.
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,011
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 864
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 822200

Zoning

  • Zoning: URA

Geography

  • Parcel: NHAM M:0029 B:0244 L:0001
  • Block: 244
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.315
  • Longitude: -72.6907

    Address

  • Full Address: 78 Overlook Dr
  • Address - House Number: 78
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Florence
  • Carrier Code: C016
  • 4-Digit Zip Code: 3548
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 299,682
  • High Value: 358,373
  • Low Value: 240,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,900
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $106,800

    Sales

  • Current Sale Contract Date: Nov 19, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24448
  • Previous Sale Recording Date: May 12, 2022
  • Previous Sale Contract Date: May 12, 2022
  • Previous Sale Amount: $205,000
  • 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 Northampton

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$330

Below Asking

0.01%

Average Days on Market

55

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73026595

Frequently Asked Questions

When was property at 78 Overlook Drive built and last sold?
The property at 78 Overlook Drive was built in 1969 and last sold on Nov 19, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 78 Overlook Drive is $363,948.
What are some comparable homes to 78 Overlook Drive?
There are currently no comparable homes to 78 Overlook Drive.
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