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Plymouth 02359
44 Erickson Ln
$240,000
● Land - Off Market

44 Erickson Ln

Pembroke, MA 02359
bedrooms
Studio
bathrooms
0 Bath
$396,324
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

HOME BUILDERS / INVESTORS TAKE NOTICE.    OPPORTUNITY TO ACQUIRE THIS LAST LOT! .93 acres at 44 Erickson Lane nestled between towering pines 1 mile from Pembroke Center.  This beautiful street offers the stillness of the country and the advantage of being in a private cul-de-sac. An acre of possibilities with permits in hand and shovel read.  Build a dream home minutes from Hobomock Pond.  All the hard work has been done for you; site work; floor plans; CAD ready; approvals and permits all ready awaiting to be placed in your hands.   Do not hesitate, make this your 2020 project. Contact us NOW, we look forward to helping you make this dream a reality.
Unit Size
-
Days on Market
-
Land Size
0.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$274
HOA Dues
-
Year Built
2022

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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 months ago (MLSPIN #72607521)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Jan 13, 2020 Listed by Jacob Realty, LLC $299,000
Listed by Jacob Realty, LLC
May 2, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,839
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,359
  • Total Building Area: 4,553
  • Gross Building Area: 8,050
  • Building Area: 4,553
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,553
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000927
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pembroke School District
  • School Tax School District: PEMBROKE SD
  • Census Tract: 508102

Geography

  • Parcel: PEMB M:C7 P:106
  • Municipality: PEMBROKE
  • Latitude: 42.0589
  • Longitude: -70.8149

    Address

  • Full Address: 44 Erikson Ln
  • Address - House Number: 44
  • Address - Street Name: Erikson
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Pembroke
  • Carrier Code: R009
  • 4-Digit Zip Code: 3131
  • Zip Code: 02359

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,625,700

    Appraisal Valuation

  • Standard Deviation: 0.1323
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 1,337,208
  • High Value: 1,514,148
  • Low Value: 1,160,268

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,351,400
  • Assessed Land Value: $340,100
  • Assessed Improvements Value: $1,011,300

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113214
  • Previous Sale Recording Date: May 02, 2006
  • Previous Sale Amount: $1,070,000
  • Previous Sale Document Type: 27
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 Plymouth

Stats & Trends

Median Asking:

$659,900

Sale Price/ft²

$371

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2291 ft²

Average Home Age

57.4 years

Currently For Sale

1304 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72607521

Frequently Asked Questions

When was property at 44 Erickson Lane built and last sold?
The property at 44 Erickson Lane was built in 2022 and last sold on Nov 6, 2020 for $240,000.
How much is this home worth?
The estimated value of the home located at 44 Erickson Lane is $301,990.
What are some comparable homes to 44 Erickson Lane?
There are currently no comparable homes to 44 Erickson Lane.
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