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Essex
13 Parker River Dr
$409,000
● House - Off Market

13 Parker River Dr

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,366 Ft²
$775,363
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

BEST BUY IN TOWN!  NEED A HOME OFFICE (S) OR SPACE FOR A HOME BUSINESS? OR,  IF YOU JUST NEED LOTS OF ROOM FOR YOUR FAMILY, THIS IS IT!  Beautifully maintained  3 bedroom, 2.5 bath gambrel cape WITH OVER 3300 SQ. FT. not including the finished basement.  Great location convenient to Route 95 and a short ride to Newburyport.  This well maintained property boasts two fireplaces, a gorgeous recently added 3 season porch, gleaming hardwood floors, central air, eat in kitchen and a dramatic family room addition with a beamed cathedral ceiling, adjacent to 2 home offices (den/craft/execise room). DON'T WAIT...OPPORTUNITY KNOCKS!
Unit Size
3,366 Ft²
Days on Market
-
Land Size
1.62 acres
Price per sqft
$119
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1987

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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 #71581441)

Price History

Date / Event Date Event Price
May 23, 2018 Sold
Premium
Sold
Jan 2, 2014 Sold
Premium
Sold
Sep 11, 2013 Listed by Keller Williams Realty $399,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 9
  • 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: 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: 2,302
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,567
  • Total Building Area: 3,942
  • Gross Building Area: 5,962
  • Building Area: 3,942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001620
  • 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:0R19 B:0000 L:00078
  • Lot: 78
  • Municipality: NEWBURY
  • Latitude: 42.7518
  • Longitude: -70.9394

    Address

  • Full Address: 13 Parker River Dr
  • Address - House Number: 13
  • Address - Street Name: Parker River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1511
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $729,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,048,719
  • High Value: 1,214,368
  • Low Value: 883,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $950,100
  • Assessed Land Value: $401,300
  • Assessed Improvements Value: $548,800

    Sales

  • Current Sale Recording Date: May 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180523003980
  • Previous Sale Recording Date: Jan 02, 2014
  • Previous Sale Amount: $409,000
  • Previous Sale Document Type: O
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

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# 71581441

Frequently Asked Questions

When was property at 13 Parker River Drive built and last sold?
The property at 13 Parker River Drive was built in 1987 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 13 Parker River Drive is $452,789.
What are some comparable homes to 13 Parker River Drive?
There are currently no comparable homes to 13 Parker River Drive.
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