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Essex 01938
117 Linebrook Road
$525,000
● House - Off Market

117 Linebrook Road

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,081 Ft²
$542,804
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Wonderful single level living in Ipswich!  This terrific 2-bedroom 1 bath home offers wonderful natural light and hardwood floors throughout.  Generously sized bedrooms with a very large living room with custom built ins and fabulous bay window overlooking a fantastic level back yard.  Walk out basement has potential to be finished to add to living space. Wonderful location close to town and all the amenities Ipswich has to offer, great shops, restaurants, commuter rail and for $20 you can have access to Crane Beach.  One car attached garage with plenty of off-street parking.  A must see!
Unit Size
1,081 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$486
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #73004736)

Price History

Date / Event Date Event Price
Aug 9, 2022 Sold
Premium
Sold
Jun 27, 2022 Listed by J. Barrett & Company $525,000
Listed by J. Barrett & Company
Mar 20, 2019 Sold
Premium
Sold
Feb 26, 2019 Listed by J. Barrett & Company $384,900
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,081
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,981
  • Total Building Area: 1,081
  • Gross Building Area: 2,920
  • Building Area: 1,081
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,081
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000780
  • 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:0049 L:0
  • Block: 49
  • Municipality: IPSWICH
  • Latitude: 42.6867
  • Longitude: -70.8595

    Address

  • Full Address: 117 Linebrook Rd
  • Address - House Number: 117
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 2913
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 596,840
  • High Value: 693,705
  • Low Value: 499,975

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,500
  • Assessed Land Value: $333,600
  • Assessed Improvements Value: $189,900

    Sales

  • Current Sale Contract Date: Aug 09, 2022
  • Current Sale Recording Date: Aug 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2.0220809002E+1
  • Previous Sale Recording Date: Mar 20, 2019
  • Previous Sale Contract Date: Mar 12, 2019
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73004736

Frequently Asked Questions

When was property at 117 Linebrook Road built and last sold?
The property at 117 Linebrook Road was built in 1960 and last sold on Aug 9, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 117 Linebrook Road is $521,480.
What are some comparable homes to 117 Linebrook Road?
There are currently no comparable homes to 117 Linebrook Road.
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