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Palmer Town 01069
8 Cedar Hill St
$227,500
● House - Off Market

8 Cedar Hill St

Palmer, MA 01069
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,951 Ft²
$425,787
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

WONDERFUL PRICE REDUCTION OF $10,000!!!   This Wonderful  4 bedroom Colonial, set on a corner lot in serene BRETON ESTATES, has been lovingly remodeled in the past year. Sellers removed wall to have an open concept, installed hardwood floors on the main level, brand new kitchen includes new cabinets & sink, brand new Samsung appliances, all new lighting fixtures throughout, new carpeting on 2nd floor & interior completely painted. Finished rec rm with room to expand it.1st floor laundry room has built-ins, closet & entry into the 2-car  garage.   LOOKS FABULOUS!!  Easy to show.
Unit Size
1,951 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$123
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #71792894)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
Mar 7, 2021 Listed by Coldwell Banker Residential Brokerage - Longmeadow $324,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Aug 6, 2015 Sold
Premium
Sold
Feb 17, 2015 Listed by Coldwell Banker Residential Brokerage - Longmeadow $239,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Feb 28, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 22,220
  • Total Building Area: 1,917
  • Gross Building Area: 3,764
  • Building Area: 1,917
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,917
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:2 B:32
  • Block: 32
  • Municipality: PALMER
  • Latitude: 42.149
  • Longitude: -72.2923

    Address

  • Full Address: 8 Cedar Hill St
  • Address - House Number: 8
  • Address - Street Name: Cedar Hill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 2203
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $577,800

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 371,793
  • High Value: 440,289
  • Low Value: 303,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,200
  • Assessed Land Value: $63,800
  • Assessed Improvements Value: $233,400

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45958
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Amount: $227,500
  • 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:

$349,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2198 ft²

Average Home Age

67.9 years

Currently For Sale

31 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: 6 months ago
Data Source: MLS PIN, MLS# 71792894

Frequently Asked Questions

When was property at 8 Cedar Hill Street built and last sold?
The property at 8 Cedar Hill Street was built in 1970 and last sold on Jul 1, 2021 for $324,900.
How much is this home worth?
The estimated value of the home located at 8 Cedar Hill Street is $331,627.
What are some comparable homes to 8 Cedar Hill Street?
There are currently no comparable homes to 8 Cedar Hill Street.
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