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Essex
117 Main Street
$360,000
● House - Off Market

117 Main Street

Newbury, MA 01922
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,466 Ft²
$676,353
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Move right in to this immaculate Ranch!  A bright and airy four-season sunroom featuring a cathedral ceiling, wide pine flooring, gable end windows and rain-sensitive skylights was added in 2009. Located ten minutes from downtown Newburyport, this home also features central air conditioning, a renovated kitchen with stainless appliances, polished granite countertops, maple cabinets and a center island. New roof and paint within the last 5 years, a 14 x 12 mahogany deck with a new retractable awning and a one car detached garage complete this country setting on a corner lot.  Minutes away from I- 95, commuter rail, the Parker River National Wildlife Refuge, Maudslay State Park and Plum Island.
Unit Size
1,466 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$259
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1975

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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 #71767337)

Price History

Date / Event Date Event Price
Jun 17, 2015 Sold
Premium
Sold
Nov 3, 2014 Listed by Stone Ridge Properties, Inc. $379,900
Listed by Stone Ridge Properties, Inc.
Apr 22, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 642
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,466
  • Gross Building Area: 2,276
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRAVEN REALTY TRUST
  • Land Acres: 0000000276
  • 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:0R41 B:0000 L:00002
  • Lot: 2
  • Municipality: NEWBURY
  • Latitude: 42.7655
  • Longitude: -70.9445

    Address

  • Full Address: 117 Main St
  • Address - House Number: 117
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1102
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $496,700

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 673,797
  • High Value: 782,634
  • Low Value: 564,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $646,800
  • Assessed Land Value: $303,200
  • Assessed Improvements Value: $343,600

    Sales

  • Current Sale Recording Date: Jun 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 558
  • Previous Sale Recording Date: Apr 22, 2011
  • Previous Sale Amount: $250,000
  • 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# 71767337

Frequently Asked Questions

When was property at 117 Main Street built and last sold?
The property at 117 Main Street was built in 1975 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 117 Main Street is $393,332.
What are some comparable homes to 117 Main Street?
There are currently no comparable homes to 117 Main Street.
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