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Essex 01951
159&159R High
$587,500
● House - Off Market

159&159R High

Newbury, MA 01951
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$1,074,494
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Restored 1775 Antique Colonial on over 15 acres of land with views to Plum Island! The home boasts 8 Fireplaces, Indian Shutters, Parsons Cupboard, Wood Paneling, 4 Bedrooms, 2 1/2 Baths and a Fireplaced Kitchen. The large 3rd floor is finished to use as a very large office or 4th bedroom. 4 bedroom septic system passed Title V.  There is a barn/garage with a large workshop and 2nd floor. There is also another good sized out building on the property.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1775

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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 #71795448)

Price History

Date / Event Date Event Price
May 21, 2015 Sold
Premium
Sold
Feb 26, 2015 Listed by William Raveis the Dolores Person $599,900
Listed by William Raveis the Dolores Person
May 29, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1775
  • Effective Year Built: 1775
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • 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: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 335,412
  • Total Building Area: 4,648
  • Gross Building Area: 7,523
  • Building Area: 4,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,648
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILBERT E DICKEY
  • Land Acres: 0000007700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R32 B:0000 L:00012
  • Lot: 12
  • Municipality: NEWBURY
  • Latitude: 42.7811
  • Longitude: -70.8447

    Address

  • Full Address: 159 High Rd
  • Address - House Number: 159
  • Address - Street Name: High
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 1728
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $967,500

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,283,439
  • High Value: 1,480,132
  • Low Value: 1,086,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,259,800
  • Assessed Land Value: $484,200
  • Assessed Improvements Value: $775,600

    Sales

  • Current Sale Recording Date: May 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52100343
  • Previous Sale Recording Date: May 29, 1998
  • Previous Sale Amount: $369,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Unit for rent at 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71795448

Frequently Asked Questions

When was property at 159 High Road built and last sold?
The property at 159 High Road was built in 1775 and last sold on Jan 1, 1970 for $587,500.
How much is this home worth?
The estimated value of the home located at 159 High Road is $628,650.
What are some comparable homes to 159 High Road?
There are currently no comparable homes to 159 High Road.
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