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Essex 01969
12 Taylor Lane Lot 39
$1,042,200
● House - Off Market

12 Taylor Lane Lot 39

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,775 Ft²
$1,026,766
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

THE BARON at FALCON RIDGE is located on a corner lot. Framing has been started on this new construction home with SPRING delivery date !Now is the time to purchase to make your personal selections!
Unit Size
2,775 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$366
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #72936459)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
Jan 24, 2022 Listed by Herrick Lutts Realty Partners $1,015,000
Listed by Herrick Lutts Realty Partners

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 20,037
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,967
  • Gross Building Area: 5,120
  • Building Area: 2,967
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,967
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: ROWL M:0012 B:0003 L:0039
  • Block: 3
  • Lot: 39
  • Municipality: ROWLEY
  • Latitude: 42.7243
  • Longitude: -70.9138

    Address

  • Full Address: 12 Taylor Ln
  • Address - House Number: 12
  • Address - Street Name: Taylor
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1648
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,159,800

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 1,137,514
  • High Value: 1,280,188
  • Low Value: 994,839

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $958,500
  • Assessed Land Value: $284,300
  • Assessed Improvements Value: $674,200

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220701001020
  • Previous Sale Recording Date: Sep 14, 2021
  • Previous Sale Contract Date: Sep 14, 2021
  • Previous Sale Amount: $787,500
  • Previous Sale Document Type: O

    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

2534 ft²

Average Home Age

73 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# 72936459

Frequently Asked Questions

When was property at 12 Taylor Lane built and last sold?
The property at 12 Taylor Lane was built in 2022 and last sold on Jun 30, 2022 for $1,042,200.
How much is this home worth?
The estimated value of the home located at 12 Taylor Lane is $1,026,373.
What are some comparable homes to 12 Taylor Lane?
There are currently no comparable homes to 12 Taylor Lane.
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