CCertihomes
40 Forest Lake Rd, Palmer, MA 01069

$449,000

3 beds 2 baths 1,744 sqft Built 19507 days on marketActive

About this home

Four season fun in this 2 story waterfront Cape with direct access and a  beautiful view of Forest Lake. A lake lover's delight with an open floor plan & Cathedral ceilings. First floor bedroom & bath. Upstairs is a  loft with 2 bedrooms and 1/2 bath. Loft area makes a great office space. Walk out basement with laundry area. Plenty of room on the patio to entertain and outdoor cooking in the fireplace while overlooking the lake. Large dock for you to sit on or  tie your boat or kayaks and be ready for your spin around the lake or fishing. Relax in the open living room area to eat a meal or just enjoy your peaceful lake view.  Place your treadmill in the window for a scenic stroll! The living room is a great place to read or just relax with family and friends. What a way to start your day, sipping your morning coffee and enjoy the lake view. Great memories will be made here for sure!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$4,375/mo

Real estate (PITI + HOA + PMI)
$4,087
Principal + interest$2,895
Property tax + insurance$1,024
PMI / 2nd mortgage$168
Utilities
$505
Heating + cooling$98
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$107
Car insurance + maintenance$107
Other (entertainment)
$143
$4,375/mo TLC
Budget$5,000/mo
Remaining after TLC$625/mo
Purchase price
$449,000
Down payment
$22,450 (5%)
Loan amount
$426,550
APR
7.2%

Quick facts

Type
Single Family Residence
Style
Cape
Year built
1950
Lot size
0.47 ac
Stories
0
Heating
Electric Baseboard, Radiant, Electric
Cooling
None
Water
Private
HOA
Annual tax
$6,611
MLS #
73236802
County
Hampden

At a glance

Fireplace
Basement
Garage (1)
Waterfront

Home features

Appliances
Electric Water HeaterWater HeaterRange
Interior
Loft
Exterior
PatioRain GuttersScreensStone Wall
Community
ShoppingParkMedical FacilityLaundromatHighway AccessHouse of WorshipPublic School
Parking
DetachedOff StreetTandemUnpaved
Fireplace
Living Room
Kitchen
Flooring - Stone/Ceramic TileDining AreaCountertops - UpgradedExterior Access
Flooring
Tile, Hardwood, Flooring - Hardwood
Roof
Shingle
Sewer
Private Sewer

Lot features

Easements, Cleared, Level, Sloped

Schools

Middle
Palmer
High
Palmer

Neighborhood — 01069

MetricThis ZIPCountyUSA
Population15,6676,444,931299,088,112
Population Change Since19907.00%7.00%20.00%
Population Density501786
Male7,6343,127,134147,432,321
Female8,0333,317,797151,655,844
Never Married3,2661,612,88563,775,926
Married6,5932,586,314123,120,365
Separated389247,85712,639,686
Widowed1,231363,59415,467,586
Divorced1,255436,88823,075,029
Number Of House Hold6,2922,431,591111,826,380
Average House Hold Size2.462.562.60
Medial Age38.5537.2535.46
Median House Hold Income$47,325$57,698$48,276
Average House Hold Income$49,801$75,023$63,629
P C I$20,444$29,196$24,529
M D I$40,523$48,105$41,133
A T H E$43,593$57,083$50,898
S T R5.00%5.00%
W C J75.26%81.38%77.74%
(Zip) Code
1069

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/13/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.