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Essex
10 Wayside Avenue
$450,000
● House - Off Market

10 Wayside Avenue

Newbury, MA 01922
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,862 Ft²
$658,199
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Solid log cabin home with soaring cathedral ceilings, center stone fireplace, picture window gables and a lofted master bedroom with walkout deck.  Nestled on over an acre lot, in a private & natural setting.  This beautifully rustic, yet comfortable home was built in 1987 and provides the advantages of modern construction, including: A poured concrete foundation, Romex wiring, PVC piping, insulated windows & doors and a newer propane gas heating system.  Relax on the large back porch or master bedroom deck, overlooking the lovely flower gardens below.  Experience the feel of a vacation getaway daily, but with easy access to Boston (35 minutes) and only 15 minutes to Peabody.  Perfect for the discerning buyer, looking beyond the ordinary.  Make this peaceful retreat your next home.
Unit Size
1,862 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$242
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1987

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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 #72569970)

Price History

Date / Event Date Event Price
Dec 6, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by Coldwell Banker Residential Brokerage - Lynnfield $450,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Jul 31, 2007 Sold
Premium
Sold
Apr 4, 2007 Listed by Coldwell Banker Residential Brokerage - Lynnfield $369,500
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 9
  • 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: 1,148
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,862
  • Gross Building Area: 3,629
  • Building Area: 1,862
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,862
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • 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:0R20 B:0000 L:00003
  • Lot: 3
  • Municipality: NEWBURY
  • Latitude: 42.7626
  • Longitude: -70.9362

    Address

  • Full Address: 10 Wayside Ave
  • Address - House Number: 10
  • Address - Street Name: Wayside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1432
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,900

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 687,061
  • High Value: 792,513
  • Low Value: 581,608

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,700
  • Assessed Land Value: $284,600
  • Assessed Improvements Value: $318,100

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191206006020
  • Previous Sale Recording Date: Jul 31, 2007
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 27
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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72569970

Frequently Asked Questions

When was property at 10 Wayside Avenue built and last sold?
The property at 10 Wayside Avenue was built in 1987 and last sold on Dec 6, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 10 Wayside Avenue is $466,179.
What are some comparable homes to 10 Wayside Avenue?
There are currently no comparable homes to 10 Wayside Avenue.
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