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Essex
1 Ancient County Way
$700,000
● House - Off Market

1 Ancient County Way

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$731,419
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

With just over 1/2 acre, there is ample land to create your dream home in this sought after neighborhood noted for its close proximity to the highly rated public schools, the charming downtown village, the vibrant harbor and lovely Singing Beach.  There is also a network of forest trails nearby and Dexter's Pond, a wonderful place for winter skating.  You will enjoy everything about this lovely seaside community.   There is 150' street frontage.  The flagpole is on this lot.  The compact house has had several important upgrades recently.  Installing new windows throughout, new recessessed lighting, adding a mini split unit for AC and newer kitchen appliances has added value to the home.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$611
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1953

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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 #73037291)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 23, 2022 In contract -
In contract
Sep 15, 2022 Listed by Coldwell Banker Realty - Manchester $699,000
Listed by Coldwell Banker Realty - Manchester

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,560
  • Total Building Area: 1,144
  • Gross Building Area: 1,256
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000518
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0011 B:0000 L:0007
  • Lot: 7
  • Municipality: MANCHESTER
  • Latitude: 42.5807
  • Longitude: -70.7551

    Address

  • Full Address: 1 Ancient County Way
  • Address - House Number: 1
  • Address - Street Name: Ancient County
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Manchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 1247
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 81
  • Final Value: 740,608
  • High Value: 854,169
  • Low Value: 627,047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $636,800
  • Assessed Land Value: $380,700
  • Assessed Improvements Value: $256,100

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221031002040
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73037291

Frequently Asked Questions

When was property at 1 Ancient County Way built and last sold?
The property at 1 Ancient County Way was built in 1953 and last sold on Oct 31, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 1 Ancient County Way is $695,590.
What are some comparable homes to 1 Ancient County Way?
There are currently no comparable homes to 1 Ancient County Way.
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