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Middlesex
1 Michael Way
Photo of 1 Michael Way
Sold on May 23, 2005

1

Map

$385,500
● House - Off Market

1 Michael Way

Townsend, MA 01474
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,025 Ft²
$704,164
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

This Colonial Garrison features 1 acre of fenced in Prof.landscaped yard on a corner lot with a built in pool area & gazebo. 36x6 front farmers porch & 36x10 3 season enclosed back porch. Master suite w/Full bath. Walk/up stairway to attic. Laundry on 1st level in mud room area W/ 1/2 bath. slate flooring wide pine floors carpet. Great oak kitchen with counter bar and dining area Beautiful neighborhood all homeowners in this development own 27 acres around the development to use as their own.
Unit Size
2,025 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$193
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1987

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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: 6 months ago (MLSPIN #70148702)

Price History

Date / Event Date Event Price
May 24, 2005 Sold
Premium
Sold
Feb 22, 2005 Listed $389,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 572
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,026
  • Gross Building Area: 3,868
  • Building Area: 2,026
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOK S XING
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301101

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:0013 B:0008 L:0024
  • Block: 8
  • Lot: 24
  • Municipality: TOWNSEND
  • Latitude: 42.7031
  • Longitude: -71.7526

    Address

  • Full Address: 1 Michael Way
  • Address - House Number: 1
  • Address - Street Name: Michael
  • Address - Suffix Type: Way
  • State: MA
  • City Name: West Townsend
  • Carrier Code: R004
  • 4-Digit Zip Code: 1051
  • Zip Code: 01474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $690,100

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 592,562
  • High Value: 684,019
  • Low Value: 501,105

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,900
  • Assessed Land Value: $95,800
  • Assessed Improvements Value: $383,100

    Sales

  • Current Sale Recording Date: May 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00104043
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 Middlesex

Stats & Trends

Median Asking:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 70148702

Frequently Asked Questions

When was property at 1 Michael Way built and last sold?
The property at 1 Michael Way was built in 1987 and last sold on Jan 1, 1970 for $385,500.
How much is this home worth?
The estimated value of the home located at 1 Michael Way is $420,174.
What are some comparable homes to 1 Michael Way?
There are currently no comparable homes to 1 Michael Way.
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