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Hudson 01749
28 Michigan Dr
$439,000
● House - Off Market

28 Michigan Dr

Hudson, MA 01749
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,862 Ft²
$574,379
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Welcome Home to the Lakeview Neighborhood. This over sized 4 bedroom 2 bath Cape includes a sun room and partially finished basement. Well maintained and move in ready with new furnace, hot water, driveway, central air, bathroom, and basement remodel all completed in the last five years. First floor includes the heated sun room, eat in kitchen with pantry, living room, remodeled bathroom, and two bedrooms. On the second floor is the spacious master bedroom, bathroom, and fourth bedroom. The walkout basement includes a family room (2016) and laundry area that boasts ample storage and workspace. Exit the home to the recently expanded, level, and fenced in back yard. Close to Centennial Beach that is undergoing a $1M renovation. Easy access to Routes 290/495, vibrant downtown Hudson, and more.
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$228
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1966

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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 #72704154)

Price History

Date / Event Date Event Price
Sep 25, 2020 Sold
Premium
Sold
Aug 5, 2020 Listed by Rickman Realty, Inc. $424,900
Listed by Rickman Realty, Inc.
Jun 28, 2013 Sold
Premium
Sold
Apr 26, 2013 Listed by Rickman Realty, Inc. $269,900
Listed by Rickman Realty, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,935
  • Total Building Area: 1,530
  • Gross Building Area: 2,901
  • Building Area: 1,530
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000458
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hudson School District
  • School Tax School District: HUDSON SD
  • Census Tract: 322100

Zoning

  • Zoning: SA8

Geography

  • Account Number: 54150
  • District: 141
  • Parcel: HUDS M:0054 B:0000 L:0150
  • Lot: 150
  • Municipality: HUDSON
  • Latitude: 42.3803
  • Longitude: -71.5441

    Address

  • Full Address: 28 Michigan Dr
  • Address - House Number: 28
  • Address - Street Name: Michigan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hudson
  • Carrier Code: R002
  • 4-Digit Zip Code: 3121
  • Zip Code: 01749

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $758,500

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 580,863
  • High Value: 688,174
  • Low Value: 473,553

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $541,800
  • Assessed Land Value: $182,000
  • Assessed Improvements Value: $359,800

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170474
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: O
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 Hudson

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$352

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2170 ft²

Average Home Age

68.8 years

Currently For Sale

34 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# 72704154

Frequently Asked Questions

When was property at 28 Michigan Drive built and last sold?
The property at 28 Michigan Drive was built in 1966 and last sold on Sep 17, 2020 for $439,000.
How much is this home worth?
The estimated value of the home located at 28 Michigan Drive is $436,239.
What are some comparable homes to 28 Michigan Drive?
There are currently no comparable homes to 28 Michigan Drive.
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