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Essex
1 Fatherland Dr
Photo of 1 Fatherland Dr
Sold on Mar 1, 2006

1

Map

$480,000
● House - Off Market

1 Fatherland Dr

Newbury, MA 01922
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,340 Ft²
$845,652
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

This price is a rare find at Fatherland Farms, Newbury's most sought after neighborhood. This updated Classic Colonial offers a traditional plan with today's amenities! Features 4 spacious bedrooms, large family room, new Maple kitchen cabinets, countertops, tile & hardwood flooring, jetted tub, new roof, updated electric & a two car attached garage. Woodstove for heating alternative. Situated on a gorgeous lot with a circular drive. A wonderful opportunity to live in this gorgeous neighborhood
Unit Size
2,340 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$214
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1902

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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 #70288519)

Price History

Date / Event Date Event Price
Feb 28, 2006 Sold
Premium
Sold
Nov 2, 2005 Listed $499,900
Listed
Dec 20, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,579
  • Total Building Area: 2,040
  • Gross Building Area: 4,272
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R18 B:0000 L:0012D
  • Lot: 12D
  • Municipality: NEWBURY
  • Latitude: 42.7474
  • Longitude: -70.9296

    Address

  • Full Address: 1 Fatherland Dr
  • Address - House Number: 1
  • Address - Street Name: Fatherland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1400
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,100

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 811,083
  • High Value: 948,250
  • Low Value: 673,915

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $726,700
  • Assessed Land Value: $317,100
  • Assessed Improvements Value: $409,600

    Sales

  • Current Sale Recording Date: Feb 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 79362
  • Previous Sale Recording Date: Dec 20, 2000
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 48
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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70288519

Frequently Asked Questions

When was property at 1 Fatherland Drive built and last sold?
The property at 1 Fatherland Drive was built in 1902 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 1 Fatherland Drive is $523,427.
What are some comparable homes to 1 Fatherland Drive?
There are currently no comparable homes to 1 Fatherland Drive.
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