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Essex 01929
153 Eastern Ave
$260,500
● House - Off Market

153 Eastern Ave

Essex, MA 01929
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,611 Ft²
$548,558
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

What a deal! Take a look at this three bedroom home today before it's too late! Great opportunity. Good-sized rooms with hardwood flooring throughout most of them. Updated kitchen needs finishing touches. Beautiful lot with circle driveway and detached garage/workshop. Plenty of character not seen in today's newer home. Just needs a little elbow grease to bring this home back to its original luster. Priced well below assessed value! Sold as-is!
Unit Size
1,611 Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$158
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1926

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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: 5 months ago (MLSPIN #71386607)

Price History

Date / Event Date Event Price
Aug 30, 2012 Sold
Premium
Sold
May 22, 2012 Listed by Century 21 Hughes $254,900
Listed by Century 21 Hughes
Apr 5, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,942
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 3,552
  • Gross Building Area: 6,668
  • Building Area: 3,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001390
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Lawrence School District
  • Census Tract: 222100

Zoning

  • Zoning: RS2

Geography

  • Account Number: 667
  • Parcel: ESSE M:138 L:20
  • Lot: 20
  • Municipality: ESSEX
  • Latitude: 42.6294
  • Longitude: -70.753

    Address

  • Full Address: 153 Eastern Ave
  • Address - House Number: 153
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Essex
  • Carrier Code: R002
  • 4-Digit Zip Code: 1330
  • Zip Code: 01929

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,024,200

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 767,097
  • High Value: 891,470
  • Low Value: 642,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $737,900
  • Assessed Land Value: $367,200
  • Assessed Improvements Value: $370,700

    Sales

  • Current Sale Recording Date: Aug 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 05, 2012
  • Previous Sale Amount: $237,481
  • Previous Sale Document Type: 34
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2525 ft²

Average Home Age

72.6 years

Currently For Sale

1492 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71386607

Frequently Asked Questions

When was property at 153 Eastern Avenue built and last sold?
The property at 153 Eastern Avenue was built in 1926 and last sold on Jan 1, 1970 for $260,500.
How much is this home worth?
The estimated value of the home located at 153 Eastern Avenue is $278,133.
What are some comparable homes to 153 Eastern Avenue?
There are currently no comparable homes to 153 Eastern Avenue.
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