1
Map
$198,900
●
Condo -
Off Market
20 Michael Drive #20
Palmer, MA 01079
3 Beds
2 Baths,
1
Half Bath
1,448 Ft²
$336,401
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model
About This Property
Adult community (55+) at Mill Pond Estates conveniently located to
the Mass Pike yet situated in a country setting. Relax and
enjoy life in this quality built townhouse style condo that has all
the extras including hardwood and ceramic tile floors, all
appliances included, oversized garage, mud room and storage room,
central air and central vac.
Unit Size
1,448 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
Condo
Property Taxes
-
HOA Dues
$160
Year Built
2005
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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 #70279792)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Relisted | $317,500 | |
| Relisted | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $325,000 | |
| Listed | |||
   | |||
|
Welcome to Mill Pond Estates!!! Located in a peaceful, highly sought after, wooded, 55+ adult complex. This beautiful 3BR, 2.5BA end-unit condo is a must see. These units do not become available often, and this end unit is special. All appliances remain. Enjoy the convenience of a 1st-floor master suite, a 1-car garage, and a partially finished walkout basement. The 2nd floor features 2 spacious bedrooms and a full bath. Beautiful hardwood floors on the first floor. Relax outdoors on your patio off the kitchen/dining room. Take advantage of the condo living experience and enjoy low-maintenance living. Do not miss this opportunity.
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Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Storage, Workshop in Garage, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Bathroom - Full, Bathroom, Mud Room
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Door Features: Insulated Doors
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor
Rooms: 5
Basement: Y
Exterior Details
Square Footage: 1448
Square Footage Source: $0
Year Built Source: Builder
Year Built: 2005
Building Name: Mill Pond Estates
Building Area Total: 1448
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Trash, Road Maintenance
HOA Fee: $160
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 |
|---|---|---|---|---|---|---|---|
|
03/27/2025
|
3 Bed
|
2 Bath
|
1270 ft²
|
$325,000
3 Bed
2 Bath
1270 ft²
|
$320,000
-1.54%
07/11/2025
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
05/04/2023
|
3 Bed
|
3 Bath
|
1270 ft²
|
$317,500
3 Bed
3 Bath
1270 ft²
|
$317,500
06/16/2023
|
Karen King Group
RE/MAX Connections
| |
|
03/19/2019
|
3 Bed
|
3 Bath
|
1272 ft²
|
$225,000
3 Bed
3 Bath
1272 ft²
|
$216,000
-4.00%
06/12/2019
|
Deborah Warner
Berkshire Hathaway Home Service New England Properties
| |
|
10/14/2005
|
3 Bed
|
2 Bath
|
1448 ft²
|
$199,900
3 Bed
2 Bath
1448 ft²
|
$198,900
-0.50%
06/12/2006
|
Kim Landry
Keller Williams - Pioneer Valley
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017