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Braintree Town 02184 South Braintree
47 Michele Ln
$800,000
● House - Off Market

47 Michele Ln

Braintree, MA 02184
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,794 Ft²
$786,960
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Charming split-level home boasting modern updates throughout. This beautiful property offers a blend of modern elegance and comfortable living spaces. The open concept layout creates a seamless flow between the living room, dining area, and the kitchen. Many upgrades including beautifully updated kitchen and bathrooms, complemented by stunning hardwood floors and fresh paint, creating a delightful ambiance. The finished walk out basement provides versatility as a family room, home office, and an additional bedroom, with an full bath. The spacious backyard offers ample room for outdoor activities and relaxation. Situated in a prime location, this home provides convenience and accessibility to nearby amenities. A truly lovely property that combines comfort, style, and an ideal setting.
Unit Size
1,794 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$440
Property Type
House
Property Taxes
$579
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 #73115148)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
May 26, 2023 In contract -
In contract
May 23, 2023 Listed by Redfin Corp. $789,000
Listed by Redfin Corp.
Jul 28, 2006 Sold
Premium
Sold
Mar 29, 2006 Listed by Redfin Corp. $429,900
Listed by Redfin Corp.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 858
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,371
  • Total Building Area: 1,625
  • Gross Building Area: 2,584
  • Building Area: 1,625
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,625
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD PARK
  • Land Acres: 0000000651
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Braintree School District
  • School Tax School District: BRAINTREE SD
  • Census Tract: 419602

Zoning

  • Zoning: A

Geography

  • Parcel: BRAI M:1108 B:0 L:36
  • Lot: 36
  • Municipality: BRAINTREE
  • Latitude: 42.1846
  • Longitude: -70.9915

    Address

  • Full Address: 47 Michele Ln
  • Address - House Number: 47
  • Address - Street Name: Michele
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Braintree
  • Carrier Code: C048
  • 4-Digit Zip Code: 8235
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $702,800

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 817,211
  • High Value: 956,782
  • Low Value: 677,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $741,400
  • Assessed Land Value: $438,300
  • Assessed Improvements Value: $303,100

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46488
  • Previous Sale Recording Date: Jul 28, 2006
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 South Braintree

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$408

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2085 ft²

Average Home Age

50.7 years

Currently For Sale

22 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

Unit for rent at 1 Matthew Lane, Braintree, MA, 02184

$3,940 /mo

  • 3 Beds
  • 2 Baths
  • 1,245 ft²
1 Matthew Lane #Independence, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73115148

Frequently Asked Questions

When was property at 47 Michele Lane built and last sold?
The property at 47 Michele Lane was built in 1966 and last sold on Jul 21, 2023 for $800,000.
How much is this home worth?
The estimated value of the home located at 47 Michele Lane is $784,697.
What are some comparable homes to 47 Michele Lane?
There are currently no comparable homes to 47 Michele Lane.
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