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Essex
15 Burnham Road
Photo of 15 Burnham Road

1

Map

$540,000
● House - Off Market

15 Burnham Road

Wenham, MA 01984
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4,600 Ft²
$3,426
Est. Monthly

About This Property

Charming custom built Royal Barry Wills designed Cape located in a wonderful area of Wenham , 15 spacious rooms - 5 BR, 6 Baths -with many architectural details -Featuring sunny open concept living room , dining room perfect for entertaining , a lovely view that overlooks the heated pool and blue stone patio. 2 fireplaces, a full pantry , wetbar , large first floor master bedroom with his and her's baths and a completely separate large sunny lower level perfect for an in-law.  Short Sale "AS IS"
Unit Size
4,600 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$117
Property Type
House
Property Taxes
$774
HOA Dues
-
Year Built
1960

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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: 27 days ago (MLSPIN #71040624)

Price History

Date / Event Date Event Price
Jan 21, 2014 Sold
Premium
Sold
May 14, 2013 Listed by Coldwell Banker Residential Brokerage - Manchester $399,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Feb 25, 2010 Listed by Coldwell Banker Residential Brokerage - Manchester $540,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 56,105
  • Total Building Area: 2,728
  • Gross Building Area: 6,164
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001288
  • 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: 1254
  • Parcel: WENH M:35 L:51
  • Lot: 51
  • Municipality: WENHAM
  • Latitude: 42.5917
  • Longitude: -70.9075

    Address

  • Full Address: 15 Burnham Rd
  • Address - House Number: 15
  • Address - Street Name: Burnham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1908
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,900,300

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,149,531
  • High Value: 1,325,654
  • Low Value: 973,408

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,095,300
  • Assessed Land Value: $547,800
  • Assessed Improvements Value: $547,500

    Sales

  • Current Sale Recording Date: Jan 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 02, 2008
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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: 27 days ago
Data Source: MLS PIN, MLS# 71040624

Frequently Asked Questions

When was property at 15 Burnham Road built and last sold?
The property at 15 Burnham Road was built in 1960 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 15 Burnham Road is $407,844.
What are some comparable homes to 15 Burnham Road?
There are currently no comparable homes to 15 Burnham Road.
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