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Ipswich 01938
14 Summer St
$460,000
● House - Off Market

14 Summer St

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,904 Ft²
$752,477
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Situated on a quiet, one way street going to river, this home sits in a large private yard and boasts a large detached garage suitable for workshop. A three season porch in back overlooks yard. Three bedrooms and one large bathroom on second floor.  A walk up attic gives expansion possibilities.  Newer roof and split pump A/C units.  Natural gas.  Needs some cosmetic work but location and yard will make it well worth it.
Unit Size
1,904 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$249
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #72244343)

Price History

Date / Event Date Event Price
Dec 29, 2017 Sold
Premium
Sold
Oct 18, 2017 Listed by J. Barrett & Company $475,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 952
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,552
  • Total Building Area: 1,904
  • Gross Building Area: 4,083
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000265
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223200

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:31C B:0041 L:0
  • Block: 41
  • Municipality: IPSWICH
  • Latitude: 42.6824
  • Longitude: -70.8342

    Address

  • Full Address: 14 Summer St
  • Address - House Number: 14
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C001
  • 4-Digit Zip Code: 2208
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $777,800

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 783,558
  • High Value: 918,165
  • Low Value: 648,951

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $683,500
  • Assessed Land Value: $322,600
  • Assessed Improvements Value: $360,900

    Sales

  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171229005330
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 Ipswich

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$448

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1706 ft²

Average Home Age

87.3 years

Currently For Sale

19 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: 5 months ago
Data Source: MLS PIN, MLS# 72244343

Frequently Asked Questions

When was property at 14 Summer Street built and last sold?
The property at 14 Summer Street was built in 1920 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 14 Summer Street is $496,629.
What are some comparable homes to 14 Summer Street?
There are currently no comparable homes to 14 Summer Street.
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