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Essex
121 Pine St
$552,000
● House - Off Market

121 Pine St

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,553 Ft²
$1,014,605
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

1900's Colonial located in the village. Only a short distance to town, train, shops, harbor and beach. Updated kitchen includes Viking wall oven, custom wood cabinets, induction range, additional convection steam oven, Meile dishwasher,Subzero stainless refrigerator and soapstone counters.  Large Island provides additional counter space and eating area. The kitchen family room opens to large deck. Updated baths, pine floors, many new windows. Mud room w/ washer/dryer. Garage.
Unit Size
1,553 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$360
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1901

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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 #71550515)

Price History

Date / Event Date Event Price
May 12, 2014 Sold
Premium
Sold
Jul 3, 2013 Listed by J. Barrett & Company $558,500
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 989
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,919
  • Total Building Area: 2,036
  • Gross Building Area: 3,457
  • Building Area: 2,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,036
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: D

Geography

  • District: 166
  • Parcel: MANC M:0041 B:0000 L:0004
  • Lot: 4
  • Municipality: MANCHESTER
  • Latitude: 42.5825
  • Longitude: -70.7799

    Address

  • Full Address: 121 Pine St
  • Address - House Number: 121
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1019
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $817,700

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 960,233
  • High Value: 1,163,846
  • Low Value: 756,621

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $874,500
  • Assessed Land Value: $384,300
  • Assessed Improvements Value: $490,200

    Sales

  • Current Sale Recording Date: May 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51200263

    Financing

  • First Mortgage Financing Type: UNK
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71550515

Frequently Asked Questions

When was property at 121 Pine Street built and last sold?
The property at 121 Pine Street was built in 1901 and last sold on Jan 1, 1970 for $552,000.
How much is this home worth?
The estimated value of the home located at 121 Pine Street is $567,357.
What are some comparable homes to 121 Pine Street?
There are currently no comparable homes to 121 Pine Street.
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