$180,000
●
Condo -
Off Market
9 Michael Drive #9
Palmer, MA 01079
2 Beds
2 Baths
1,329 Ft²
$431,876
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model
About This Property
TRADE FRUSTRATION FOR RELAXATION!Carefree living can be yours at
MILL POND ESTATES 55+ Community! ONE FLOOR LIVING. 2 bedrooms, 2
bathrooms.1st floor laundry. Low utility bills. Natural gas heat
w/central air. Fully applianced enormous eat-in kitchen with oak
cabinets.1 car garage. Large deck. Heat tape to melt the winter
snow off the roof. Central vac.
Unit Size
1,329 Ft²
Days on Market
-
Land Size
-
Price per sqft
$150
Property Type
Condo
Property Taxes
$208
HOA Dues
$220
Year Built
2003
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #71425274)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2012 | Sold | ||
| Sold | |||
| Aug 22, 2012 | Listed by RE/MAX Compass | $200,000 | |
| Listed by RE/MAX Compass | |||
| Jun 28, 2004 | Sold | ||
| Sold | |||
| Dec 8, 2003 | Listed by H & H Realty | $209,900 | |
| Listed by H & H Realty | |||
| | |||
|
PAMERS NEWEST ADULT COM. 55+. THESE NEWLY CONSTRUCTED RANCH STYLE CONDO BOAST ALL THE BELLS AND WHISTLES. ALL APPLIANCES-ALC-CENT. VAC-GAR-BSMNT-MUCH MORE. MINUTES FROM THE MA PIKE
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Dining Area
Level: First
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: First
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Yes
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor, In Unit
Rooms: 5
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Assigned, Guest, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Mill Pond Estates
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: None
Lot Size Units: Acres
Zoning: Condo
Parcel Number: 4445166
Water Source: Public
Financial Details
Tax Map Number: 24
Tax Assessed Value: $162,000
Tax Annual Amount: $2,500
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $220
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/22/2012
|
2 Bed
|
2 Bath
|
1329 ft²
|
$200,000
2 Bed
2 Bath
1329 ft²
|
$180,000
-10.00%
11/07/2012
|
Kimberly Allen
Skye Mountain Realty, Inc.
| |
|
12/08/2003
|
2 Bed
|
2 Bath
|
1475 ft²
|
$209,900
2 Bed
2 Bath
1475 ft²
|
$209,900
06/28/2004
|
Patricia Hebert
Dewolfe-Westfield
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017