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Palmer Town 01080
86 Bourne St.
Photo of 86 Bourne St.
Sold on Oct 26, 2006

1

Map

$190,000
● House - Off Market

86 Bourne St.

Palmer, MA 01080
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,413 Ft²
$338,196
RealtyHop Estimate
69.18%
Since Nov 1, 2006
National-US
Primary Model

About This Property

Large four bedroom Cape with a 2 car attached garage, roof approx. 10 years old APO, remodeled kitchen, family room with fireplace in basement, replacement windows throughout, updated electric, large enclosed porch on a lovely large corner lot with a gazebo, fireplace, and wishing well in the back yard.  Needs some cosmetics but well worth it.
Unit Size
1,413 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$141
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1945

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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 #70420295)

Price History

Date / Event Date Event Price
Oct 26, 2006 Sold
Premium
Sold
Jul 9, 2006 Listed $199,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 27,213
  • Total Building Area: 1,413
  • Gross Building Area: 4,028
  • Building Area: 1,413
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,413
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000625
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:71 B:139
  • Block: 139
  • Municipality: PALMER
  • Latitude: 42.1819
  • Longitude: -72.3559

    Address

  • Full Address: 86 Bourne St
  • Address - House Number: 86
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1308
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,500

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 302,639
  • High Value: 360,164
  • Low Value: 245,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,800
  • Assessed Land Value: $63,100
  • Assessed Improvements Value: $155,700

    Sales

  • Current Sale Recording Date: Oct 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 144347
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:

$340,000

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2244 ft²

Average Home Age

76.3 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70420295

Frequently Asked Questions

When was property at 86 Bourne Street built and last sold?
The property at 86 Bourne Street was built in 1945 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 86 Bourne Street is $206,249.
What are some comparable homes to 86 Bourne Street?
There are currently no comparable homes to 86 Bourne Street.
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