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Essex 01938
141 Linebrook Rd
$499,000
● House - Off Market

141 Linebrook Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,527 Ft²
$683,499
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Welcome to 141 Linebrook rd in Ipswich! With a little over a half acre of land, this 3 bedroom cape inside the Doyon elementary school distict offers an oversized living room, dining room and bonus room currently being used as a painting studio on the first floor. Off the well configured kitchen is a light filled sunroom where you'll enjoy the privacy of your tree lined backyard. The current owners use the original garage under the house as a versatile workshop. At the end of the driveway you'll see a newer detached garage with enough room for 2 cars and loft style storage.
Unit Size
1,527 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$327
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1950

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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 #72655237)

Price History

Date / Event Date Event Price
Aug 4, 2020 Sold
Premium
Sold
May 12, 2020 Listed by Bentley's $499,000
Listed by Bentley's

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 942
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,999
  • Total Building Area: 1,527
  • Gross Building Area: 3,307
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • 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: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:29D B:029A L:0
  • Block: 29A
  • Municipality: IPSWICH
  • Latitude: 42.6879
  • Longitude: -70.8639

    Address

  • Full Address: 141 Linebrook Rd
  • Address - House Number: 141
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 2913
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $673,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 662,368
  • High Value: 770,855
  • Low Value: 553,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,500
  • Assessed Land Value: $311,500
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200804006070
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 72655237

Frequently Asked Questions

When was property at 141 Linebrook Road built and last sold?
The property at 141 Linebrook Road was built in 1950 and last sold on Aug 4, 2020 for $499,000.
How much is this home worth?
The estimated value of the home located at 141 Linebrook Road is $510,328.
What are some comparable homes to 141 Linebrook Road?
There are currently no comparable homes to 141 Linebrook Road.
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