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Palmer Town 01069
8 Lauren Drive
$165,000
● House - Off Market

8 Lauren Drive

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,482 Ft²
$261,771
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Well maintained 6 room Cape located on a corner lot of Countryside Acres subdivision.Fabulous home ready for you! This 3 bedroom 2 full baths and many closet space needs a little TLC to make it your own. Bring your ideas to finish the kitchen remodeling. Laundry room on first floor. Partially finished basement with  extra room for additional entertainment. Party outside on the deck  and large yard with above ground pool.  Sits on almost 3/4 of an acre w/above ground pool, shed and solar panels.
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$118
Property Type
House
Property Taxes
$325
HOA Dues
$13
Year Built
1991

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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: 5 months ago (MLSPIN #72379859)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Aug 16, 2018 Listed by Coldwell Banker Residential Brokerage - Longmeadow $175,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
May 30, 2006 Sold
Premium
Sold
Feb 17, 2006 Listed by Coldwell Banker Residential Brokerage - Longmeadow $244,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 0
  • Building Style: 4
  • 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: 30,711
  • Total Building Area: 1,482
  • Gross Building Area: 3,494
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000705
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:37 B:14 L:13
  • Block: 14
  • Lot: 13
  • Municipality: PALMER
  • Latitude: 42.2137
  • Longitude: -72.3041

    Address

  • Full Address: 8 Lauren Dr
  • Address - House Number: 8
  • Address - Street Name: Lauren
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Palmer
  • Carrier Code: R002
  • 4-Digit Zip Code: 9668
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,100

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 307,456
  • High Value: 366,348
  • Low Value: 248,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,700
  • Assessed Land Value: $56,100
  • Assessed Improvements Value: $163,600

    Sales

  • Current Sale Contract Date: Mar 06, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15347
  • Previous Sale Recording Date: May 30, 2006
  • Previous Sale Amount: $240,000
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2280 ft²

Average Home Age

69.2 years

Currently For Sale

30 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: 5 months ago
Data Source: MLS PIN, MLS# 72379859

Frequently Asked Questions

When was property at 8 Lauren Drive built and last sold?
The property at 8 Lauren Drive was built in 1991 and last sold on Mar 6, 2019 for $165,000.
How much is this home worth?
The estimated value of the home located at 8 Lauren Drive is $189,082.
What are some comparable homes to 8 Lauren Drive?
There are currently no comparable homes to 8 Lauren Drive.
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