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Northampton 01062
837 Florence Road
$667,500
● House - Off Market

837 Florence Road

Northampton, MA 01062
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
1,700 Ft²
$908,869
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

This private resort like property with a 1/2 acre pond with beach,water slide and fountain has been in the family for over 50 years. Perfect for entertaining large groups with an outdoor kitchen, dining patio and large 27x12 gazebo all at beach side. This ranch unit near the pond is above the commercial building. The grounds are stunning with professional landscaping, perennials and vegetable gardens and a lawn sprinkler system. The commercial building is over 5000 sq ft with 4 bays, warehouse and retail space with 2 1/2 baths. A separate multifamily with monthly income of $3100 will help with your mortgage payment. Both units are 4 rooms, 1 bath and includes utilities.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
4.01 acres
Price per sqft
$412
Property Type
House
Property Taxes
$884
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #72629498)

Price History

Date / Event Date Event Price
Jan 4, 2021 Sold
Premium
Sold
Mar 6, 2020 Listed by Coldwell Banker Community REALTORS® $699,900
Listed by Coldwell Banker Community REALTORS®

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 174,676
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000004010
  • Standard Land Use Code: 2044
  • County Land Use Code: 031

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Parcel: NHAM M:0036 B:0092 L:0001
  • Block: 92
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.3032
  • Longitude: -72.676

    Address

  • Full Address: 837 Florence Rd
  • Address - House Number: 837
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: C020
  • 4-Digit Zip Code: 3667
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $677,300
  • Assessed Land Value: $214,900
  • Assessed Improvements Value: $462,400

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 94
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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72629498

Frequently Asked Questions

When was property at 837 Florence Road built and last sold?
The property at 837 Florence Road was built in and last sold on Dec 28, 2020 for $667,500.
How much is this home worth?
The estimated value of the home located at 837 Florence Road is $0.
What are some comparable homes to 837 Florence Road?
There are currently no comparable homes to 837 Florence Road.
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