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Braintree Town 02184 South Braintree
54 Michele Ln
Photo of 54 Michele Ln
Sold on Oct 3, 2007

1

Map

$495,000
● House - Off Market

54 Michele Ln

Braintree, MA 02184
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,286 Ft²
$1,004,115
RealtyHop Estimate
91.26%
Since Nov 1, 2007
MA-Boston
Primary Model

About This Property

This 4 Bedroom, 3 Full Bath custom home, located in a superb family neighborhood close to schools, shopping, trains and Route 3, features many recent updates including new roof, circular driveway, Berber carpets and freshly painted interior.  The lower level boasts 2 finished rooms & full bath plus an enormous unfinished room for storage, expansion or in-law potential.  Wrap-around deck overlooks private backyard.  Updated Kitchen, Jacuzzi, Central A/C, 2 car garage - Don't miss this one!
Unit Size
2,286 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$230
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1972

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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 #70589139)

Price History

Date / Event Date Event Price
Oct 3, 2007 Sold
Premium
Sold
Jun 1, 2007 Listed $525,000
Listed
Apr 14, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,482
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,918
  • Total Building Area: 2,699
  • Gross Building Area: 4,679
  • Building Area: 2,699
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,699
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000595
  • 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:14
  • Lot: 14
  • Municipality: BRAINTREE
  • Latitude: 42.1845
  • Longitude: -70.9909

    Address

  • Full Address: 54 Michele Ln
  • Address - House Number: 54
  • Address - Street Name: Michele
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Braintree
  • Carrier Code: C048
  • 4-Digit Zip Code: 8236
  • Zip Code: 02184

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $784,400

    Appraisal Valuation

  • Standard Deviation: 0.1475
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 82
  • Final Value: 959,194
  • High Value: 1,100,771
  • Low Value: 817,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $827,400
  • Assessed Land Value: $437,700
  • Assessed Improvements Value: $389,700

    Sales

  • Current Sale Recording Date: Oct 03, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 108037
  • Previous Sale Recording Date: Apr 14, 1987
  • Previous Sale Amount: $259,500
  • 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 South Braintree

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1929 ft²

Average Home Age

48.2 years

Currently For Sale

23 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

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 770 ft²
1 Matthew Lane #Chatham, Braintree, MA, 02184 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70589139

Frequently Asked Questions

When was property at 54 Michele Lane built and last sold?
The property at 54 Michele Lane was built in 1972 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 54 Michele Lane is $543,640.
What are some comparable homes to 54 Michele Lane?
There are currently no comparable homes to 54 Michele Lane.
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