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Bristol
1 Michelle Lee Dr
$435,000
● House - Off Market

1 Michelle Lee Dr

Berkley, MA 02779
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$698,209
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Open Floor Plan, 4 BR, 2.5 BA, 2nd floor Laundry Room and Finished Basement. Master Suite with vaulted ceilings, Walk-In Closet, Jetted Tub and separate Shower. Granite in Kitchen with Pantry Open to Fireplaced Living Room with Sliders to Large Deck. Hardwoods throughout 1st Floor. Central Air and less than 3 miles to HWY, Great Subdivision with Underground Electric and Sidewalks and Option to be a Member of Bayview Shores Association for Access to River. New Roof 2016
Unit Size
2,300 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$189
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
2001

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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: 4 months ago (MLSPIN #72113784)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Jan 30, 2017 Listed by Rezendes Real Estate $434,900
Listed by Rezendes Real Estate
Jul 28, 2006 Sold
Premium
Sold
Apr 11, 2006 Listed by Rezendes Real Estate $459,900
Listed by Rezendes Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 836
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,132
  • Total Building Area: 1,914
  • Gross Building Area: 2,750
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001610
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Berkley School District
  • School Tax School District: BERKLEY SD
  • Census Tract: 616100

Zoning

  • Zoning: R1

Geography

  • Parcel: BERK M:007.0 B:0095 L:0004.0
  • Block: 95
  • Lot: 4.0
  • Municipality: BERKLEY
  • Latitude: 41.799
  • Longitude: -71.1097

    Address

  • Full Address: 1 Michelle Lee Dr
  • Address - House Number: 1
  • Address - Street Name: Michelle Lee
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Berkley
  • Carrier Code: R001
  • 4-Digit Zip Code: 2224
  • Zip Code: 02779

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,800

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 640,277
  • High Value: 744,465
  • Low Value: 536,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,700
  • Assessed Land Value: $112,600
  • Assessed Improvements Value: $410,100

    Sales

  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23740
  • Previous Sale Recording Date: Jul 28, 2006
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 27
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2274 ft²

Average Home Age

70.8 years

Currently For Sale

1138 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: 4 months ago
Data Source: MLS PIN, MLS# 72113784

Frequently Asked Questions

When was property at 1 Michelle Lee Drive built and last sold?
The property at 1 Michelle Lee Drive was built in 2001 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 1 Michelle Lee Drive is $448,126.
What are some comparable homes to 1 Michelle Lee Drive?
There are currently no comparable homes to 1 Michelle Lee Drive.
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