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Northampton 01053
83 Grove Avenue
$521,000
● House - Off Market

83 Grove Avenue

Northampton, MA 01053
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,888 Ft²
$775,319
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

A unique hilltop retreat!  Located near the Mill River and the bike path it is an ideal location for anyone who wants to be close to town while still in nature. A beautiful Goshen stone patio graces the back and the start of perennial plantings adorn garden beds surrounding.  Inside the open floor plan and the numerous windows with deep windowsills, handcrafted plaster walls, and repurposed materials give an extraordinary feel to this interior. This three-story house hosts an auxiliary apartment which can be rented out or opened to incorporate all the living space into one. Respecting both the land and the environment, with a HERS score of 38, state-of-the-art HVAC system and powered by a full solar array this listing is at the eco-conscious cutting edge.
Unit Size
2,888 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$183
Property Type
House
Property Taxes
$655
HOA Dues
-
Year Built
2018

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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: 5 months ago (MLSPIN #72520568)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Jun 18, 2019 Listed by The Murphys REALTORS®, Inc. $529,000
Listed by The Murphys REALTORS®, Inc.
Apr 21, 2017 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,189
  • Total Building Area: 2,808
  • Gross Building Area: 2,888
  • Building Area: 2,808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,808
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821700

Zoning

  • Zoning: URA

Geography

  • Parcel: NHAM M:0005 B:0010 L:0001
  • Block: 10
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3575
  • Longitude: -72.6988

    Address

  • Full Address: 83 Grove Ave
  • Address - House Number: 83
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Leeds
  • Carrier Code: R001
  • 4-Digit Zip Code: 9740
  • Zip Code: 01053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $970,400

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 763,512
  • High Value: 899,855
  • Low Value: 627,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,600
  • Assessed Land Value: $90,200
  • Assessed Improvements Value: $522,400

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17695
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Amount: $99,900
  • 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:

$545,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1918 ft²

Average Home Age

83.6 years

Currently For Sale

65 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72520568

Frequently Asked Questions

When was property at 83 Grove Avenue built and last sold?
The property at 83 Grove Avenue was built in 2018 and last sold on Sep 5, 2019 for $521,000.
How much is this home worth?
The estimated value of the home located at 83 Grove Avenue is $555,718.
What are some comparable homes to 83 Grove Avenue?
There are currently no comparable homes to 83 Grove Avenue.
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