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Essex 01938
12 Sunset Drive
$379,000
● House - Off Market

12 Sunset Drive

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,812 Ft²
$708,234
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Classic colonial set on private, flat lot in highly sought after neighborhood.  This 3 bedroom, 2.5 bath colonial has fabulous flow with hardwood floors throughout the house and generous room sizes, ample closets and storage.  Eat in kitchen, huge living room, large family room with fireplace and sun room overlooking the very private fenced in yard with above ground pool.  New roof, full bathroom fully remodeled, the 3/4 bath remodeled, approved plans in place for new septic to be installed.  Close to town, train, restaurants as well as state parks.  This home is a tremendous value and not likely to last long!
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$209
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1970

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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 #71760259)

Price History

Date / Event Date Event Price
Dec 5, 2014 Sold
Premium
Sold
Oct 22, 2014 Listed by J. Barrett & Company $379,000
Listed by J. Barrett & Company
Jul 26, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 954
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,602
  • Total Building Area: 1,812
  • Gross Building Area: 3,464
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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:52B B:0053 L:0
  • Block: 53
  • Municipality: IPSWICH
  • Latitude: 42.6687
  • Longitude: -70.8665

    Address

  • Full Address: 12 Sunset Dr
  • Address - House Number: 12
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1612
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $722,100

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 731,814
  • High Value: 857,959
  • Low Value: 605,669

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,500
  • Assessed Land Value: $325,600
  • Assessed Improvements Value: $308,900

    Sales

  • Current Sale Recording Date: Dec 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1.20E+8
  • Previous Sale Recording Date: Jul 26, 1991
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: 27

    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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71760259

Frequently Asked Questions

When was property at 12 Sunset Drive built and last sold?
The property at 12 Sunset Drive was built in 1970 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 12 Sunset Drive is $401,547.
What are some comparable homes to 12 Sunset Drive?
There are currently no comparable homes to 12 Sunset Drive.
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