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Palmer Town 01095
88 Laurel Rd
$210,700
● House - Off Market

88 Laurel Rd

Palmer, MA 01095
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,808 Ft²
$342,850
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Wonderfully updated property privately located on large wooded lot. Home features an expansive newer maple kitchen with solid surface counters. Dining area opens up to large enclosed three-season deck addition perfect for relaxing and enjoying summer evenings. Walls have been freshly painted throughout as well as new carpeting and ceramic tile flooring. All new main floor windows currently being installed. There are 3 bedrooms and a full bath on the main floor and 2 enormous finished rooms on the lower level currently being used as the master bedroom, office, and family room area. Large laundry room contains a half bath and cabinetry/folding area with additional storage. Great backyard has an above-ground pool and storage shed. Title 5 in hand. This beautiful property won't last long. Make your appointment today.
Unit Size
1,808 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$119
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1974

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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: 4 months ago (MLSPIN #72171306)

Price History

Date / Event Date Event Price
Aug 10, 2017 Sold
Premium
Sold
May 25, 2017 Listed by Century 21 A-1 Nolan Realty $215,000
Listed by Century 21 A-1 Nolan Realty
Jun 14, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 21,150
  • Total Building Area: 1,108
  • Gross Building Area: 2,468
  • Building Area: 1,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000486
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:10 B:16
  • Block: 16
  • Municipality: PALMER
  • Latitude: 42.1649
  • Longitude: -72.3867

    Address

  • Full Address: 88 Laurel Rd
  • Address - House Number: 88
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilbraham
  • Carrier Code: R004
  • 4-Digit Zip Code: 9708
  • Zip Code: 01095

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $526,100

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 328,548
  • High Value: 394,021
  • Low Value: 263,075

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,800
  • Assessed Land Value: $63,300
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Recording Date: Aug 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 211613
  • Previous Sale Recording Date: Jun 14, 2004
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: 48
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:

$337,657

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2317 ft²

Average Home Age

74.9 years

Currently For Sale

27 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: 4 months ago
Data Source: MLS PIN, MLS# 72171306

Frequently Asked Questions

When was property at 88 Laurel Road built and last sold?
The property at 88 Laurel Road was built in 1974 and last sold on Jan 1, 1970 for $210,700.
How much is this home worth?
The estimated value of the home located at 88 Laurel Road is $224,612.
What are some comparable homes to 88 Laurel Road?
There are currently no comparable homes to 88 Laurel Road.
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