$175,500
●
Condo -
Off Market
11 Michael Drive #11
Palmer, MA 01079
2 Beds
2 Baths
1,313 Ft²
$401,521
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model
About This Property
Relax on your spacious and private deck overlooking nature, and
listen to the birds! One floor living with privacy and space,
yet convenient to MA pike and area amenities. Put away your
shovels, mowers and rakes, and let someone else do the work!
Unit Size
1,313 Ft²
Days on Market
-
Land Size
-
Price per sqft
$146
Property Type
Condo
Property Taxes
$240
HOA Dues
$200
Year Built
2003
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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 years ago (MLSPIN #70802000)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2009 | Sold | ||
| Sold | |||
| Aug 4, 2008 | Listed by CR Premier Properties | $191,500 | |
| Listed by CR Premier Properties | |||
| Jun 13, 2005 | Sold | ||
| Sold | |||
| Jan 14, 2005 | Listed by EastWest Realty | $215,900 | |
| Listed by EastWest Realty | |||
| | |||
|
Brand new 4 rm, 2bdrm, 2bth ranch style condo in a lovely 55+ adult community. 1 car garage, all appliances and amenities. Open floor plan and full basement. Carefree living at it's best!!
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 12
Length: 25
Features: Flooring - Stone/Ceramic Tile
Area: 300
Level: First
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 9
Length: 13
Area: 117
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Length: 21
Level: First
Area: 273
Features: Cathedral Ceiling(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet
Width: 13
Features: Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 13
Width: 11
Area: 143
Features: Yes
Full Bathrooms: 2
Appliances: Gas Water Heater, Tank Water Heater
Rooms: 4
Basement: Y
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: unknown
Parcel Number: 4460034
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $219,300
Tax Annual Amount: $2,877
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $200
Community Features: Adult Community
Pets Allowed: Yes w/ Restrictions
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/04/2008
|
2 Bed
|
2 Bath
|
1313 ft²
|
$191,500
2 Bed
2 Bath
1313 ft²
|
$175,500
-8.36%
04/30/2009
|
Suzanne Moore
Berkshire Hathaway HomeServices Realty Professionals
| |
|
01/14/2005
|
2 Bed
|
2 Bath
|
1475 ft²
|
$215,900
2 Bed
2 Bath
1475 ft²
|
$225,900
+4.63%
06/13/2005
|
Dee Cyr
Park Square Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017