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Essex 01938
112 Linebrook Road
$455,000
● House - Off Market

112 Linebrook Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,282 Ft²
$523,310
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Attention First Time Home Buyers! Under $500k in Ipswich. New Septic System just approved by the town. This wonderful cape style home is looking for it's new owners.  Boasts an updated kitchen with granite countertops, upgraded cabinets and stainless steel appliances. The living and dining room offer great natural light, a fireplace, ceiling fan, and coffered ceilings. The in home office is a great added space and takes you out to the family room, which features lots of windows and exterior access to the backyard. Rounding out level one is a full bath and first floor master bedroom!  Upstairs you'll find 2 more rooms with a large closet - tons of possibilities!  Don't miss out on this close to town home, plus a resident beach sticker!
Unit Size
1,282 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$371
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1949

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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: 5 years ago (MLSPIN #72887324)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by Coldwell Banker Realty - Chelmsford $475,000
Listed by Coldwell Banker Realty - Chelmsford
Oct 31, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 4
  • Exterior Walls Type: 12
  • 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: 866
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,126
  • Total Building Area: 1,282
  • Gross Building Area: 3,073
  • Building Area: 1,282
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,282
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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:30C B:0035 L:0
  • Block: 35
  • Municipality: IPSWICH
  • Latitude: 42.686
  • Longitude: -70.8593

    Address

  • Full Address: 112 Linebrook Rd
  • Address - House Number: 112
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 2906
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $596,000

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 559,469
  • High Value: 662,002
  • Low Value: 456,936

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,700
  • Assessed Land Value: $267,600
  • Assessed Improvements Value: $256,100

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211227002090
  • Previous Sale Recording Date: Oct 31, 1990
  • Previous Sale Amount: $129,000
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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: 5 years ago
Data Source: MLS PIN, MLS# 72887324

Frequently Asked Questions

When was property at 112 Linebrook Road built and last sold?
The property at 112 Linebrook Road was built in 1949 and last sold on Dec 27, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 112 Linebrook Road is $0.
What are some comparable homes to 112 Linebrook Road?
There are currently no comparable homes to 112 Linebrook Road.
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