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Hampshire
23 Michael Drive
Photo of 23 Michael Drive
Sold on Dec 7, 2006

1

Map

$300,000
● House - Off Market

23 Michael Drive

South Hadley, MA 01075
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$523,678
RealtyHop Estimate
70.03%
Since Jan 1, 2007
National-US
Primary Model

About This Property

Gorgeous open floor plan with newer kitchen, complete with stainless appliances to remain. Oversized family room with cathedral ceilings, brick walls, Vermont casting gas stove and views of sparkling inground pool. Full finished basement with fireplace, bar and full bath. Luscious landscaping and fruit trees fill the 1/2 acre plus private yard with well water for buyer's enjoyment. Newer central air, central vac & hardwood floors.  First floor laundry completes this executive ranch home.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$171
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1968

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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: 5 months ago (MLSPIN #70432610)

Price History

Date / Event Date Event Price
Dec 7, 2006 Sold
Premium
Sold
Jul 31, 2006 Listed $308,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 900
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,030
  • Total Building Area: 1,795
  • Gross Building Area: 4,279
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000666
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: South Hadley School District
  • School Tax School District: SOUTH HADLEY SD
  • Census Tract: 821101

Zoning

  • Zoning: RA1

Geography

  • District: 275
  • Parcel: SHAD M:0007 B:0087 L:0000
  • Block: 87
  • Municipality: SOUTH HADLEY
  • Latitude: 42.2155
  • Longitude: -72.5762

    Address

  • Full Address: 23 Michael Dr
  • Address - House Number: 23
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: South Hadley
  • Carrier Code: C011
  • 4-Digit Zip Code: 3023
  • Zip Code: 01075

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,500

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 491,778
  • High Value: 581,575
  • Low Value: 401,981

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $480,200
  • Assessed Land Value: $119,300
  • Assessed Improvements Value: $360,900

    Sales

  • Current Sale Recording Date: Dec 07, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00034145
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 Hampshire

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$286

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2099 ft²

Average Home Age

70.1 years

Currently For Sale

362 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: 5 months ago
Data Source: MLS PIN, MLS# 70432610

Frequently Asked Questions

When was property at 23 Michael Drive built and last sold?
The property at 23 Michael Drive was built in 1968 and last sold on Jan 1, 1970 for $298,000.
How much is this home worth?
The estimated value of the home located at 23 Michael Drive is $322,577.
What are some comparable homes to 23 Michael Drive?
There are currently no comparable homes to 23 Michael Drive.
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