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Essex
123 Elm
Photo of 123 Elm
Sold on Aug 31, 2011

1

Map

$550,000
● House - Off Market

123 Elm

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,244 Ft²
$1,218,787
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Better than new!  This charming 9+ rm home has been carefully restored.  Fully insulated, with new systems, roof & recently painted with Duration 25 yr expected life paint, both house & 4 level barn offer incredible living & working space.  Many custom features, vaulted ceilings, central air, gorgeous high end kitchen with fireplace, sunroom with built in bookshelves, french doors to patio & courtyard.  Perennial gardens can be enjoyed from inside & out & are equipped with full sprinkler system.
Unit Size
2,244 Ft²
Days on Market
-
Land Size
1.59 acres
Price per sqft
$245
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1875

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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: 2 months ago (MLSPIN #71265990)

Price History

Date / Event Date Event Price
Aug 31, 2011 Sold
Premium
Sold
Jul 25, 2011 Listed by Stone Ridge Properties, Inc. $549,900
Listed by Stone Ridge Properties, Inc.
Apr 2, 2004 Sold
Premium
Sold
Sep 24, 2003 Listed by Stone Ridge Properties, Inc. $519,000
Listed by Stone Ridge Properties, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,258
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,260
  • Total Building Area: 1,964
  • Gross Building Area: 3,594
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWBURY
  • Land Acres: 0000001590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R01 B:0000 L:00059
  • Lot: 59
  • Municipality: NEWBURY
  • Latitude: 42.7422
  • Longitude: -70.9185

    Address

  • Full Address: 123 Elm St
  • Address - House Number: 123
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: H001
  • 4-Digit Zip Code: 2815
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $717,500

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 935,169
  • High Value: 1,126,675
  • Low Value: 743,663

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $934,300
  • Assessed Land Value: $335,600
  • Assessed Improvements Value: $598,700

    Sales

  • Current Sale Recording Date: Aug 31, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 02, 2004
  • Previous Sale Amount: $519,000
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 2 months ago
Data Source: MLS PIN, MLS# 71265990

Frequently Asked Questions

When was property at 123 Elm Street built and last sold?
The property at 123 Elm Street was built in 1875 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 123 Elm Street is $575,307.
What are some comparable homes to 123 Elm Street?
There are currently no comparable homes to 123 Elm Street.
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