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Essex
117 Maple St
$342,000
● House - Off Market

117 Maple St

Wenham, MA 01984
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,404 Ft²
$431,562
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Opportunity to rehab this or build a new home on desirable Wenham location close to Danvers line. House has not been occupied for awhile and is being sold As Is, As Seen. Septic has a conditional pass but requires some work/repair.  Please do not go on property without appointment.  Buyer and Buyer's agent to do their own due diligence. Offers if any, are due by Noon Tuesday March 26th. All offers will be presented at the same time and response will be within 48 hours.  Property is a major rehab or tear-down. BUYER Responsible for Title 5.  IT HAS A CONDITIONAL PASS. Will not pass VA or FHA loans, most likely will need cash or Rehab loan.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$213
Property Type
House
Property Taxes
$628
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 #72469223)

Price History

Date / Event Date Event Price
Jul 10, 2020 Sold
Premium
Sold
Apr 10, 2019 Sold
Premium
Sold
Mar 21, 2019 Listed by Keller Williams Realty Evolution $299,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,885
  • Total Building Area: 1,123
  • Gross Building Area: 3,272
  • Building Area: 1,123
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,123
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001788
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 1154
  • Parcel: WENH M:33 L:2
  • Lot: 2
  • Municipality: WENHAM
  • Latitude: 42.5945
  • Longitude: -70.9293

    Address

  • Full Address: 117 Maple St
  • Address - House Number: 117
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1926
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,071,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 694,411
  • High Value: 813,376
  • Low Value: 575,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,600
  • Assessed Land Value: $451,200
  • Assessed Improvements Value: $166,400

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200710000460
  • Previous Sale Recording Date: Apr 10, 2019
  • Previous Sale Contract Date: Apr 10, 2019
  • Previous Sale Amount: $342,000
  • Previous Sale Document Type: O
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

2558 ft²

Average Home Age

72.5 years

Currently For Sale

1466 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: 4 months ago
Data Source: MLS PIN, MLS# 72469223

Frequently Asked Questions

When was property at 117 Maple Street built and last sold?
The property at 117 Maple Street was built in 1960 and last sold on Jul 6, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 117 Maple Street is $319,258.
What are some comparable homes to 117 Maple Street?
There are currently no comparable homes to 117 Maple Street.
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