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Essex
15 Bruce Lane
$469,000
● House - Off Market

15 Bruce Lane

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,266 Ft²
$919,290
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Gret Location! Pristine ranch on quiet street. Short walk to village, school and shops. Open floor plan. Updated granite kitchen w/ dining area and living room with fire place, Master bdrm with master bath. Two additional bedrooms and second bath w/ tub and shower.  Large deck off the kitchen overlooks fenced yard w/ in-ground pool and gardens. Family room w/ fireplace plus large laundry room. Large unfinished area provides additional space if needed. Central air. One car attached garage.
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$367
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #71497291)

Price History

Date / Event Date Event Price
Apr 24, 2013 Sold
Premium
Sold
Mar 21, 2013 Listed by J. Barrett & Company $465,000
Listed by J. Barrett & Company
Mar 15, 2013 Sold
Premium
Sold
Jan 15, 2013 Listed by J. Barrett & Company $419,000
Listed by J. Barrett & Company
Aug 31, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,194
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,149
  • Total Building Area: 1,266
  • Gross Building Area: 3,294
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 308
  • Parcel: WENH M:13 L:61
  • Lot: 61
  • Municipality: WENHAM
  • Latitude: 42.6098
  • Longitude: -70.885

    Address

  • Full Address: 15 Bruce Ln
  • Address - House Number: 15
  • Address - Street Name: Bruce
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1403
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,351,400

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 833,493
  • High Value: 973,798
  • Low Value: 693,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $778,900
  • Assessed Land Value: $447,300
  • Assessed Improvements Value: $331,600

    Sales

  • Current Sale Recording Date: Apr 24, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 541814
  • Previous Sale Recording Date: Mar 15, 2013
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: O
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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: 4 months ago
Data Source: MLS PIN, MLS# 71497291

Frequently Asked Questions

When was property at 15 Bruce Lane built and last sold?
The property at 15 Bruce Lane was built in 1955 and last sold on Jan 1, 1970 for $469,000.
How much is this home worth?
The estimated value of the home located at 15 Bruce Lane is $469,435.
What are some comparable homes to 15 Bruce Lane?
There are currently no comparable homes to 15 Bruce Lane.
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