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Palmer Town 01069
9 Cabot St
$283,000
● House - Off Market

9 Cabot St

Palmer, MA 01069
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,018 Ft²
$273,877
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome Home! This tastefully updated 3 bedroom, 1 bath Cape style home is one you don't want to miss! This home boasts a contemporary style kitchen with granite countertops, tile floors and stainless steel appliances. The home also features two bedrooms on the first floor as well as a third bedroom and bonus area on the second floor. Stepping outside you'll appreciate the covered side porch that leads to both the single car garage and tastefully landscaped fenced backyard.  Book your appointment today or join us at the Open House on Saturday September 9th 12PM-1:30PM
Unit Size
1,018 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$270
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1950

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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 #73155574)

Price History

Date / Event Date Event Price
Oct 25, 2023 Sold
Premium
Sold
Sep 20, 2023 In contract -
In contract
Sep 6, 2023 Listed by Naples Realty Group $274,900
Listed by Naples Realty Group
Apr 6, 2020 Sold
Premium
Sold
Feb 4, 2020 Listed by Naples Realty Group $214,900
Listed by Naples Realty Group
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 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: 1,062
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,176
  • Total Building Area: 1,018
  • Gross Building Area: 2,596
  • Building Area: 1,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,018
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: PALM M:56 B:67
  • Block: 67
  • Municipality: PALMER
  • Latitude: 42.1522
  • Longitude: -72.3122

    Address

  • Full Address: 9 Cabot St
  • Address - House Number: 9
  • Address - Street Name: Cabot
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: C002
  • 4-Digit Zip Code: 1907
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $442,300

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 273,882
  • High Value: 333,947
  • Low Value: 213,817

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,500
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $179,500

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50779
  • Previous Sale Recording Date: Apr 06, 2020
  • Previous Sale Contract Date: Apr 04, 2020
  • Previous Sale Amount: $221,900
  • 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 Palmer Town

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2229 ft²

Average Home Age

69.6 years

Currently For Sale

29 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73155574

Frequently Asked Questions

When was property at 9 Cabot Street built and last sold?
The property at 9 Cabot Street was built in 1950 and last sold on Oct 25, 2023 for $283,000.
How much is this home worth?
The estimated value of the home located at 9 Cabot Street is $272,436.
What are some comparable homes to 9 Cabot Street?
There are currently no comparable homes to 9 Cabot Street.
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