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Essex
151 Main Street
$495,000
● House - Off Market

151 Main Street

Wenham, MA 01984
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,612 Ft²
$906,925
RealtyHop Estimate
81.75%
Since Mar 1, 2015
MA-Boston
Primary Model

About This Property

For the savy buyer, gain equity right away. New roof, new gas heating system, new central air conditioning, new windows, new blown in insulation, new electrical - all the big money items are completed. Property needs some finishing touches but an excellent value purchase and a rare opportunity! Located on the historic district in Wenham, this twelve room colonial is a must see - a modernized touch on a uniquely classic home.
Unit Size
3,612 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$138
Property Type
House
Property Taxes
$1,014
HOA Dues
-
Year Built
1900

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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 #71790208)

Price History

Date / Event Date Event Price
Feb 27, 2015 Sold
Premium
Sold
Aug 5, 2014 Listed by Keller Williams Realty Evolution $499,000
Listed by Keller Williams Realty Evolution
Oct 23, 2012 Sold
Premium
Sold
Jun 27, 2012 Listed by Keller Williams Realty Evolution $344,900
Listed by Keller Williams Realty Evolution
Nov 22, 2009 Listed $849,000
Listed
FABULOUS COLONIAL IN THE HISTORIC DISTRICT OF WENHAM. MAIN HOUSE HAS CHARM GALORE!! HOUSE HAS FORMAL DINING & LIVINGROOM. FIREPLACED FAMILYROOM OVERLOOKS ENTERTAINMENT SIZE PATIO &GARDEN & WONDERFUL ACRE+- PRIVATE YARD. SHORT DISTANCE OUT THE BACK DOOR TO BUNKER ELEMENTARY SCHOOL. THIS IS A MUST SEE PROPERTY !!!!! BONUS! A TOTALLY SEPARATE TOWNHOUSE LEGAL RENTAL UNIT THAT CAN EITHER BE RENTED OR INCORPORATED INTO MORE LIVING SPACE FOR YOUR FAMILY
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,359
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,719
  • Total Building Area: 3,612
  • Gross Building Area: 6,684
  • Building Area: 3,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,612
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000820
  • 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: 817
  • Parcel: WENH M:19 L:90
  • Lot: 90
  • Municipality: WENHAM
  • Latitude: 42.6057
  • Longitude: -70.8852

    Address

  • Full Address: 151 Main St
  • Address - House Number: 151
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1421
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,511,200

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,165,985
  • High Value: 1,344,678
  • Low Value: 987,292

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $871,000
  • Assessed Land Value: $591,400
  • Assessed Improvements Value: $279,600

    Sales

  • Current Sale Recording Date: Feb 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22700583
  • Previous Sale Recording Date: Oct 23, 2012
  • Previous Sale Amount: $345,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 71790208

Frequently Asked Questions

When was property at 151 Main Street built and last sold?
The property at 151 Main Street was built in 1900 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 151 Main Street is $502,113.
What are some comparable homes to 151 Main Street?
There are currently no comparable homes to 151 Main Street.
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