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Essex 01938
1 Cedarview Road
$305,000
● House - Off Market

1 Cedarview Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,280 Ft²
$510,470
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

This is the type of property sought after in Ipswich. It is all one floor with good size rooms mostly hardwood floors in very good condition. It has an eat in kitchen, full basement and attached one car garage with new door. The house needs cosmetic work and some updates but could very easily be redone as other homes have been in this neighborhood.It sits on a fairly flat lot with good size backyard. It is located ideally for commuter routes and for enjoying Ipswich downtown. Ipswich has a lot to offer in outdoor activities and when summer does arrive a new owner could enjoy the coastline and open spaces that the town treasures. This no doubt will be a sought after property with all the up-size.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$223
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1956

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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 #71808784)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Mar 31, 2015 Listed by J. Barrett & Company $285,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,280
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,151
  • Total Building Area: 1,280
  • Gross Building Area: 3,248
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:52D B:024A L:0
  • Block: 24A
  • Municipality: IPSWICH
  • Latitude: 42.6659
  • Longitude: -70.8655

    Address

  • Full Address: 1 Cedarview Rd
  • Address - House Number: 1
  • Address - Street Name: Cedarview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1603
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,200

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 640,095
  • High Value: 749,697
  • Low Value: 530,493

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,700
  • Assessed Land Value: $327,200
  • Assessed Improvements Value: $241,500

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51500335
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 71808784

Frequently Asked Questions

When was property at 1 Cedarview Road built and last sold?
The property at 1 Cedarview Road was built in 1956 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 1 Cedarview Road is $301,600.
What are some comparable homes to 1 Cedarview Road?
There are currently no comparable homes to 1 Cedarview Road.
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