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Essex 01969
15 Emily Lane
$585,000
● House - Off Market

15 Emily Lane

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,316 Ft²
$1,154,484
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

Exquisite, high quality, New Construction Colonial, just completed and ready for first owners on beautiful street of similar homes. Inviting living and dining rooms, large stainless steel and granite kitchen, expansive family room off the kitchen with gas fireplace and glistening hardwood floors. A covered deck off the kitchen, half bath and laundry complete the first floor. Second floor features Master Suite with tiled, master bath, two more bedrooms and bath. Another bedroom and study are on the third floor. High efficiency systems and low maintenance materials throughout with attention to detail and craftsmanship.
Unit Size
3,316 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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 #71613687)

Price History

Date / Event Date Event Price
Feb 28, 2014 Sold
Premium
Sold
Dec 4, 2013 Listed by RE/MAX Advantage Real Estate $599,000
Listed by RE/MAX Advantage Real Estate
Jul 12, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 40,000
  • Total Building Area: 3,197
  • Gross Building Area: 5,529
  • Building Area: 3,197
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,197
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0009 B:0023 L:0031
  • Block: 23
  • Lot: 31
  • Municipality: ROWLEY
  • Latitude: 42.7127
  • Longitude: -70.9304

    Address

  • Full Address: 15 Emily Ln
  • Address - House Number: 15
  • Address - Street Name: Emily
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rowley
  • Carrier Code: R001
  • 4-Digit Zip Code: 2235
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,165,000

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,082,266
  • High Value: 1,268,571
  • Low Value: 895,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $962,800
  • Assessed Land Value: $314,800
  • Assessed Improvements Value: $648,000

    Sales

  • Current Sale Recording Date: Feb 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 479
  • Previous Sale Recording Date: Jul 12, 2013
  • Previous Sale Amount: $160,000
  • 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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71613687

Frequently Asked Questions

When was property at 15 Emily Lane built and last sold?
The property at 15 Emily Lane was built in 2013 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 15 Emily Lane is $637,164.
What are some comparable homes to 15 Emily Lane?
There are currently no comparable homes to 15 Emily Lane.
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