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Essex 01969
124 Weldon Farm Road
Photo of 124 Weldon Farm Road
Sold on Jul 13, 2005

1

Map

$598,678
● House - Off Market

124 Weldon Farm Road

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,770 Ft²
$1,057,249
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

Location, Location, Location!  Fabulous Colonial located on a lovely 2.67 acre wooded lot  in the desirable Mill River Crossing neighborhood.  4 bedrooms, 2 1/2 baths, 2 car garage under, finished 3rd floor with dormers, finished basement, partially fenced yard with a patio, beautifully landscaped, deck w/ new 15x30 above ground pool.    First Open House 4/17/05 12-2pm
Unit Size
2,770 Ft²
Days on Market
-
Land Size
2.67 acres
Price per sqft
$216
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1997

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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 #70171888)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed $799,000
Listed
Jul 13, 2005 Sold
Premium
Sold
Apr 12, 2005 Listed $598,678
Listed
Mar 6, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • 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: 116,192
  • Total Building Area: 2,395
  • Gross Building Area: 4,832
  • Building Area: 2,395
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,395
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILL RIVER HEIGHTS
  • Land Acres: 0000002667
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: ROWL M:0020 B:0003 L:0051
  • Block: 3
  • Lot: 51
  • Municipality: ROWLEY
  • Latitude: 42.7372
  • Longitude: -70.9114

    Address

  • Full Address: 124 Weldon Farm Rd
  • Address - House Number: 124
  • Address - Street Name: Weldon Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1633
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $988,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 901,443
  • High Value: 1,056,621
  • Low Value: 746,265

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $817,300
  • Assessed Land Value: $333,000
  • Assessed Improvements Value: $484,300

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211008005890
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Amount: $598,578
  • 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

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

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# 70171888

Frequently Asked Questions

When was property at 124 Weldon Farm Road built and last sold?
The property at 124 Weldon Farm Road was built in 1997 and last sold on Oct 8, 2021 for $789,000.
How much is this home worth?
The estimated value of the home located at 124 Weldon Farm Road is $813,182.
What are some comparable homes to 124 Weldon Farm Road?
There are currently no comparable homes to 124 Weldon Farm Road.
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