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Essex
1 Pinewood Road
$925,000
● House - Off Market

1 Pinewood Road

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,150 Ft²
$1,470,820
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

One owner custom built home in a very sought after Manchester neighborhood that makes commuting to Boston a breeze via Rt. 128 or train. Manchester-by-the-Sea offers a great school system, a beautiful harbor and Singing Beach!  Set on 1.03 acres, this impeccably maintained and beautifully updated home has all the amenities: 4 bdrms., 2 full bths., 2 half bths. A finished lower level, central A/C , remodeled granite and custom dovetailed kitchen cabinets, remodeled baths, gas fireplace, irrigation system, custom built shed, professional landscape and a deck for outdoor entertaining. The property includes a portion of a small spring-fed pond. Lace up your skates in winter and when the ice melts, launch a kayak with fishing pole in hand!  Charm and privacy.
Unit Size
3,150 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$298
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1984

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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 #72116772)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Feb 7, 2017 Listed by J. Barrett & Company $939,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 10
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,440
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,080
  • Total Building Area: 3,240
  • Gross Building Area: 4,344
  • Building Area: 3,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANCHESTER
  • Land Acres: 0000001035
  • 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: C

Geography

  • District: 166
  • Parcel: MANC M:0032 B:0000 L:0115
  • Lot: 115
  • Municipality: MANCHESTER
  • Latitude: 42.5868
  • Longitude: -70.7873

    Address

  • Full Address: 1 Pinewood Rd
  • Address - House Number: 1
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1036
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,224,100

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,499,143
  • High Value: 1,734,938
  • Low Value: 1,263,348

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,309,200
  • Assessed Land Value: $607,900
  • Assessed Improvements Value: $701,300

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 344
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.3 years

Currently For Sale

1497 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72116772

Frequently Asked Questions

When was property at 1 Pinewood Road built and last sold?
The property at 1 Pinewood Road was built in 1984 and last sold on Jan 1, 1970 for $925,000.
How much is this home worth?
The estimated value of the home located at 1 Pinewood Road is $960,058.
What are some comparable homes to 1 Pinewood Road?
There are currently no comparable homes to 1 Pinewood Road.
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