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Essex
14 Orchard St
$550,000
● House - Off Market

14 Orchard St

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,498 Ft²
$503,792
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Fantastic opportunity to live in beautiful Byfield.  Big living room and a family room with fireplace.  Lots of hardwood flooring here, even in the 3 bedrooms upstairs.  All on a pretty .57 acre lot near Routes 95 and 1.  Home is in need of some work including paint and flooring.  Seller will have new 3 bedroom septic design installed (in process of town approval).  Newer heating system.  Full basement and a big backyard with potential for a pool (septic in front).  Create your own memories...and equity!  No showings until the Open Houses on Saturday, March 5th from 12-2 and Sunday March 6th from 12-2.
Unit Size
1,498 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$334
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #72948184)

Price History

Date / Event Date Event Price
May 4, 2022 Sold
Premium
Sold
Mar 2, 2022 Listed by Rowley Realty $499,900
Listed by Rowley Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,790
  • Total Building Area: 1,498
  • Gross Building Area: 2,482
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000569
  • 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:0R23 B:0000 L:00017
  • Lot: 17
  • Municipality: NEWBURY
  • Latitude: 42.7636
  • Longitude: -70.9008

    Address

  • Full Address: 14 Orchard St
  • Address - House Number: 14
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1601
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 647,871
  • High Value: 752,521
  • Low Value: 543,222

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $553,800
  • Assessed Land Value: $291,500
  • Assessed Improvements Value: $262,300

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220504002090
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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: 5 months ago
Data Source: MLS PIN, MLS# 72948184

Frequently Asked Questions

When was property at 14 Orchard Street built and last sold?
The property at 14 Orchard Street was built in 1974 and last sold on May 4, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 14 Orchard Street is $515,111.
What are some comparable homes to 14 Orchard Street?
There are currently no comparable homes to 14 Orchard Street.
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