$235,000
●
Condo -
Off Market
17 Michael Drive #17
Palmer, MA 01079
2 Beds
2 Baths
1,329 Ft²
$336,413
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Best and Final offers due Monday 11/11 by 6pm. Mill Pond Estates -
Garden Style condo offering one level living with attached garage.
Welcoming covered front porch leading to foyer with double closet.
Open floor plan with vaulted ceilings gives a spacious and grand
feel. Massive kitchen with tile flooring, breakfast bar and no
shortage on counter space and storage. Family room with gas burning
fireplace and slider to private back patio. Vaulted ceilings
continue in the master bedroom with walk-in closet and en suite
bathroom with step in shower. Second bedroom with Palladian-style
window at the front of the condo makes for a great space for
guests, craft room or office. A second full guest bath located
across from second bedroom. Full basement just waiting to be
finished. Mill Pond is a 55+ Condo Association. Additional
amenities include: central air, natural gas, main level laundry and
central vac.
Unit Size
1,329 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
Condo
Property Taxes
$405
HOA Dues
$230
Year Built
2005
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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 years ago (MLSPIN #72588587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2019 | Sold | ||
| Sold | |||
| Nov 5, 2019 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $230,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
| Sep 3, 2004 | Sold | ||
| Sold | |||
| May 18, 2004 | Listed by H & H Realty | $209,900 | |
| Listed by H & H Realty | |||
| | |||
|
55 and over adult community newly constructed. Phase 1 sold out and all the bells and whistles, convenient location, call office for details
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 12
Length: 13
Features: Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting
Area: 156
Level: First
Area: 63
Width: 7
Features: Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Length: 9
Area: 40
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Length: 8
Level: First
Width: 5
Level: First
Features: Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
Width: 11
Length: 13
Area: 143
Width: 11
Features: Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Open Floorplan
Length: 12
Level: First
Area: 132
Length: 21
Level: First
Features: Vaulted Ceiling(s), Flooring - Wall to Wall Carpet
Width: 13
Area: 273
Features: Bathroom - 3/4, Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Main
Length: 15
Width: 14
Area: 210
Features: Yes
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Tile, Carpet
Laundry Features: Main Level, Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Mill Pond Estates
Structure Type: Garden, Attached
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RR
Parcel Number: M:24 B:52 L:17, 4460040
Water Source: Public
Financial Details
Tax Map Number: 24
Tax Assessed Value: $204,200
Tax Annual Amount: $4,856
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $230
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, 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 |
|---|---|---|---|---|---|---|---|
|
11/05/2019
|
2 Bed
|
2 Bath
|
1329 ft²
|
$230,000
2 Bed
2 Bath
1329 ft²
|
$235,000
+2.17%
12/17/2019
|
Ryan Witkos
Berkshire Hathaway HomeServices Realty Professionals
| |
|
05/18/2004
|
2 Bed
|
2 Bath
|
1400 ft²
|
$209,900
2 Bed
2 Bath
1400 ft²
|
$209,900
09/03/2004
|
Patricia Hebert
Dewolfe-Westfield
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017