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Essex 01969
118 Weldon Farm Road
$307,062
● House - Off Market

118 Weldon Farm Road

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,200 Ft²
$1,036,246
RealtyHop Estimate
239.86%
Since Aug 1, 1998
National-US
Primary Model

About This Property

WONDERFUL COLONIAL, KITCHEN OPEN TO FAMILY ROOM. EASTERN. OTHER STYLES AVAILABLE IN OUR NEW 38 LOT SUBDIVISION THIS HOME IS FRAMED,VIEWS OF WOODS RT95 TO CENTRAL ST, SCHOOL COLEMAN, GLEN TO M.F. CROSSING--LOT 28
Unit Size
2,200 Ft²
Days on Market
-
Land Size
1.26 acres
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998

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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 years ago (MLSPIN #30217618)

Price History

Date / Event Date Event Price
Oct 29, 1999 Sold
Premium
Sold
Aug 23, 1999 Listed $349,900
Listed
Jul 17, 1998 Sold
Premium
Sold
Apr 23, 1998 Listed $304,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,065
  • Total Building Area: 2,208
  • Gross Building Area: 4,292
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001264
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0020 B:0003 L:0049
  • Block: 3
  • Lot: 49
  • Municipality: ROWLEY
  • Latitude: 42.7367
  • Longitude: -70.9112

    Address

  • Full Address: 118 Weldon Farm Rd
  • Address - House Number: 118
  • Address - Street Name: Weldon Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1633
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $940,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1512
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 892,474
  • High Value: 1,027,485
  • Low Value: 757,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $777,300
  • Assessed Land Value: $311,500
  • Assessed Improvements Value: $465,800

    Sales

  • Current Sale Recording Date: Oct 29, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 17, 1998
  • Previous Sale Amount: $307,062
  • 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30217618

Frequently Asked Questions

When was property at 118 Weldon Farm Road built and last sold?
The property at 118 Weldon Farm Road was built in 1998 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 118 Weldon Farm Road is $0.
What are some comparable homes to 118 Weldon Farm Road?
There are currently no comparable homes to 118 Weldon Farm Road.
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