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Essex 01921
14 Silvermine Road
$372,500
● House - Off Market

14 Silvermine Road

Boxford, MA 01921
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$648,191
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Great opportunity to make this house your home. Bring your ideas!  The second floor remains unfinished.  It offers excellent  space for expansion. The Family room and garage were added in 1990.  There is a large unfinished loft space over the garage.  The main level living consists of 5 rooms with potential for two rooms to be used as bedrooms. The kitchen is open to the living room with a fireplace. The family room opens to a large sunny deck area and the rear yard. The rear bedroom/den opens to a very nice 3 season room. The grounds are well landscaped with mature plantings and trees. The setting is off the street and very private. Title V pass with Four bedroom design. Roof was replaced 2011. Exterior painted 2014. New kitchen flooring. New living room carpet. Award winning Masco School District
Unit Size
1,088 Ft²
Days on Market
-
Land Size
3.16 acres
Price per sqft
$335
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1981

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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 #71848206)

Price History

Date / Event Date Event Price
Jul 17, 2015 Sold
Premium
Sold
Jun 1, 2015 Listed by Coldwell Banker Residential Brokerage - Andover $365,000
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 137,650
  • Total Building Area: 1,782
  • Gross Building Area: 4,591
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003160
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:006 B:001 L:018
  • Block: 1
  • Lot: 18
  • Municipality: BOXFORD
  • Latitude: 42.7168
  • Longitude: -71.0639

    Address

  • Full Address: 14 Silvermine Rd
  • Address - House Number: 14
  • Address - Street Name: Silvermine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1106
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $987,000

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 799,419
  • High Value: 923,438
  • Low Value: 675,399

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $756,300
  • Assessed Land Value: $411,500
  • Assessed Improvements Value: $344,800

    Sales

  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 344
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

2550 ft²

Average Home Age

72.5 years

Currently For Sale

1480 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71848206

Frequently Asked Questions

When was property at 14 Silvermine Road built and last sold?
The property at 14 Silvermine Road was built in 1981 and last sold on Jan 1, 1970 for $372,500.
How much is this home worth?
The estimated value of the home located at 14 Silvermine Road is $373,146.
What are some comparable homes to 14 Silvermine Road?
There are currently no comparable homes to 14 Silvermine Road.
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