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Essex 01952
6 Michele Drive
$250,000
● House - Off Market

6 Michele Drive

Salisbury, MA 01952
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,762 Ft²
$752,536
RealtyHop Estimate
131.55%
Since Jan 1, 2012
National-US
Primary Model

About This Property

This Colonail is only 6 years Old. It has 4 bedrooms 2.5 baths, Master bedroom w/walk in closet and full bath. Granite Counters and half bath off kitchen. Living room has hardwood floors,gas fire place.Large family room in basement and slider out to back yard. Front porch, 12 x 10 deck off kitchen, two car garage.Home has walk up Attic with lots of storage. Only 1.5 miles from route 95. This home is a short sale.
Unit Size
2,762 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$118
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
2004

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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: 4 months ago (MLSPIN #71138972)

Price History

Date / Event Date Event Price
Jan 26, 2012 Sold
Premium
Sold
Dec 19, 2011 Sold
Premium
Sold
Sep 17, 2010 Listed by EXIT Premier Real Estate $325,000
Listed by EXIT Premier Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 852
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,743
  • Total Building Area: 2,762
  • Gross Building Area: 5,038
  • Building Area: 2,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,762
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALISBURY
  • Land Acres: 0000001004
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267102

Zoning

  • Zoning: R1

Geography

  • Account Number: 371/24
  • Parcel: SALI M:12 P: 139
  • Municipality: SALISBURY
  • Latitude: 42.8814
  • Longitude: -70.8934

    Address

  • Full Address: 6 Michelle Ln
  • Address - House Number: 6
  • Address - Street Name: Michelle
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 1004
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,200

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 732,400
  • High Value: 848,516
  • Low Value: 616,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $637,500
  • Assessed Land Value: $183,100
  • Assessed Improvements Value: $454,400

    Sales

  • Current Sale Recording Date: Jan 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 19, 2011
  • Previous Sale Amount: $250,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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 45 Weare, 03844

$5,200 /mo

  • 3 Beds
  • 1,722 ft²
45 Weare, 03844
Unit for rent at 30 Pine, Seabrook, 03874

$1,600 /mo

  • 1 Bed
  • 700 ft²
30 Pine, Seabrook, 03874 Listing by Linda Fortin

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71138972

Frequently Asked Questions

When was property at 6 Michele Drive built and last sold?
The property at 6 Michele Drive was built in 2004 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 6 Michele Drive is $364,807.
What are some comparable homes to 6 Michele Drive?
There are currently no comparable homes to 6 Michele Drive.
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