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Essex
157 Bridge Street
Photo of 157 Bridge Street
Sold on Nov 8, 2011

1

Map

$1,800,000
● House - Off Market

157 Bridge Street

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,980 Ft²
$4,306,603
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

This exceptional residence was built by current owner in 1996 and was designed with extreme elegance and  high quality. A wonderful floor plan which includes formal living room, dining room, spacious family room with a fireplace and cathedral ceiling and four bedroom suites.  Beautiful sun filled master bedroom suite  with dressing room.  Magnificient professionally landscaped grounds with in-ground swimming pool and spa.  Pristine condition.  Wonderful privacy. West Manchester estate setting.
Unit Size
4,980 Ft²
Days on Market
-
Land Size
2.63 acres
Price per sqft
$401
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
1996

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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: 23 hours ago (MLSPIN #71111911)

Price History

Date / Event Date Event Price
Dec 10, 2020 Sold
Premium
Sold
Sep 8, 2020 Listed by Coldwell Banker Residential Brokerage - Beverly $2,649,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Sep 2, 2016 Sold
Premium
Sold
Mar 3, 2016 Listed by Coldwell Banker Residential Brokerage - Beverly $2,395,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Nov 8, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 793
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 114,558
  • Total Building Area: 5,180
  • Gross Building Area: 7,026
  • Building Area: 5,180
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,180
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANCHESTER-BY--SEA
  • Land Acres: 0000002630
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: C

Geography

  • District: 166
  • Parcel: MANC M:0026 B:0000 L:0025
  • Lot: 25
  • Municipality: MANCHESTER
  • Latitude: 42.57
  • Longitude: -70.7904

    Address

  • Full Address: 157 Bridge St
  • Address - House Number: 157
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1417
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,590,200

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 2,369,909
  • High Value: 2,801,942
  • Low Value: 1,937,875

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,770,300
  • Assessed Land Value: $740,300
  • Assessed Improvements Value: $2,030,000

    Sales

  • Current Sale Contract Date: Dec 08, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201210005780
  • Previous Sale Recording Date: Sep 02, 2016
  • Previous Sale Amount: $2,200,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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: 23 hours ago
Data Source: MLS PIN, MLS# 71111911

Frequently Asked Questions

When was property at 157 Bridge Street built and last sold?
The property at 157 Bridge Street was built in 1996 and last sold on Dec 8, 2020 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 157 Bridge Street is $2,623,133.
What are some comparable homes to 157 Bridge Street?
There are currently no comparable homes to 157 Bridge Street.
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