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Essex
15 Riverview Dr
$515,000
● House - Off Market

15 Riverview Dr

Middleton, MA 01949
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,990 Ft²
$743,305
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

This sprawling Ranch style Home is the perfect opportunity for Families of any age and life-style. Half of this Home was built in 2006 where a large addition was added! This property is set on 1.5 acre private setting and side street location. Contractors may all also be interested with the 2 car garage and an additional Detached 1 car garage with Huge 19' x 19' unfinished Man/lady Cave above.  Lots of recent updates including Hardwood Flooring throughout, new Septic system, upgraded doors and hardware, and vinyl siding.  Kitchen opens to a large Dining Room adjacent to a cozy Office/Den/ kids room with pellet burning Stove. 3 Generous Bedrooms, a huge Living room, large Laundry Room and 2 Full Baths. Sit on Farmers Porch and enjoy the scenic views. Low taxes and Masconomet School system!
Unit Size
1,990 Ft²
Days on Market
-
Land Size
1.46 acres
Price per sqft
$261
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1930

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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 #72469428)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Mar 22, 2019 Listed by RE/MAX On the River, Inc. $520,000
Listed by RE/MAX On the River, Inc.
Jun 27, 2018 Sold
Premium
Sold
Apr 26, 2018 Listed by RE/MAX On the River, Inc. $454,651
Listed by RE/MAX On the River, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,270
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,458
  • Total Building Area: 2,390
  • Gross Building Area: 4,933
  • Building Area: 2,390
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,390
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERVIEW SEC 02
  • Land Acres: 0000001457
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212102

Zoning

  • Zoning: R1B

Geography

  • Parcel: MIDD M:0032 B:0000 L:0059
  • Lot: 59
  • Municipality: MIDDLETON
  • Latitude: 42.5673
  • Longitude: -71.0113

    Address

  • Full Address: 15 Riverview Dr
  • Address - House Number: 15
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Middleton
  • Carrier Code: R002
  • 4-Digit Zip Code: 2408
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $797,900

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 727,114
  • High Value: 841,771
  • Low Value: 612,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $676,800
  • Assessed Land Value: $349,400
  • Assessed Improvements Value: $327,400

    Sales

  • Current Sale Contract Date: May 18, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190531004890
  • Previous Sale Recording Date: Jun 27, 2018
  • Previous Sale Amount: $457,000
  • 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72469428

Frequently Asked Questions

When was property at 15 Riverview Drive built and last sold?
The property at 15 Riverview Drive was built in 1930 and last sold on May 18, 2019 for $515,000.
How much is this home worth?
The estimated value of the home located at 15 Riverview Drive is $533,669.
What are some comparable homes to 15 Riverview Drive?
There are currently no comparable homes to 15 Riverview Drive.
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