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Essex 01938
12 Pitcairn Way
Photo of 12 Pitcairn Way
Sold on Jun 27, 2007

1

Map

$780,000
● House - Off Market

12 Pitcairn Way

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,904 Ft²
$1,371,486
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

SPECTACULAR YOUNG CENTER ENTRANCE COLONIAL SITUATED MAJESTICALLY ON KNOLL IN CUL-DU-SAC IN NEIGHBORHOOD OF NEWER HOMES.  AMENITIES GALORE WITH CROWN MOULDINGS, TWO STORY FOYER, HARDWOOD FLOORS, GRANTITE COUNTERTOPS, MARBLE FIREPLACE, FINISHED WALKOUT BASEMENT, UNDERGROUND SPRINKLER SYSTEM, CENTRAL AIR, SECURITY, CENTRAL VAC, CUSTOM STORAGE SHED. OVERSIZED TREX DECK, AND FENCED IN YARD. A GREAT ALTERNATIVE FOR NEW CONSTRUCTION BUYER. PRISTENE CONDITION.
Unit Size
3,904 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$205
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
2002

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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: 4 months ago (MLSPIN #70573593)

Price History

Date / Event Date Event Price
Jun 27, 2007 Sold
Premium
Sold
May 7, 2007 Listed $799,000
Listed

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 6
  • Building Style: 5
  • 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: 1,552
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 3,904
  • Gross Building Area: 6,125
  • Building Area: 3,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PITCAIM WAY
  • Land Acres: 0000001110
  • 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:37D B:0037 L:0
  • Block: 37
  • Municipality: IPSWICH
  • Latitude: 42.6754
  • Longitude: -70.9313

    Address

  • Full Address: 12 Pitcairn Way
  • Address - House Number: 12
  • Address - Street Name: Pitcairn
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1087
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,206,800

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,216,275
  • High Value: 1,402,675
  • Low Value: 1,029,875

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,060,500
  • Assessed Land Value: $350,200
  • Assessed Improvements Value: $710,300

    Sales

  • Current Sale Recording Date: Jun 27, 2007
  • Current Sale Price:
    Premium
  • Current 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 70573593

Frequently Asked Questions

When was property at 12 Pitcairn Way built and last sold?
The property at 12 Pitcairn Way was built in 2002 and last sold on Jan 1, 1970 for $780,000.
How much is this home worth?
The estimated value of the home located at 12 Pitcairn Way is $839,757.
What are some comparable homes to 12 Pitcairn Way?
There are currently no comparable homes to 12 Pitcairn Way.
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