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Essex
147 Main Street
$250,000
● House - Off Market

147 Main Street

Newbury, MA 01922
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,312 Ft²
$505,688
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

A Country Charmer!! This "Enchanted Cottage" is open and cheerful,  Features include an alcove fireplace with raised hearth, LR with a woodstove, open kitchen. There is a convenient 1st floor bedroom and 2nd floor BR with an attatched office or nursery. A light filled cathedral sunroom and a welcoming Farmers Porch overlook a lovely 3/4acre lot, a perfect spot to watch the country life with walkers, joggers, and children riding bikes with their fishing poles on their way to the watering hole.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$198
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1780

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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 #71502313)

Price History

Date / Event Date Event Price
Aug 9, 2013 Sold
Premium
Sold
Apr 2, 2013 Listed by RE/MAX On The River, Inc. $259,900
Listed by RE/MAX On The River, Inc.
Dec 21, 1993 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1780
  • Effective Year Built: 1780
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 206
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,939
  • Total Building Area: 1,312
  • Gross Building Area: 1,686
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000848
  • 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:0R41 B:0000 L:00016
  • Lot: 16
  • Municipality: NEWBURY
  • Latitude: 42.7713
  • Longitude: -70.944

    Address

  • Full Address: 147 Main St
  • Address - House Number: 147
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1102
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $428,900

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 609,639
  • High Value: 720,401
  • Low Value: 498,876

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,400
  • Assessed Land Value: $356,200
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Recording Date: Aug 09, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 244
  • Previous Sale Recording Date: Dec 21, 1993
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: 27
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

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 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# 71502313

Frequently Asked Questions

When was property at 147 Main Street built and last sold?
The property at 147 Main Street was built in 1780 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 147 Main Street is $275,572.
What are some comparable homes to 147 Main Street?
There are currently no comparable homes to 147 Main Street.
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