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Essex 01938
16 Capeview Rd
$825,000
● House - Off Market

16 Capeview Rd

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,533 Ft²
$1,229,418
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

"WOW" factor! Unobstructed water views and spectacular sunrises. This home is great for entertaining family and friends. Move in condition with its open concept kitchen, living room with gas fireplace, and sun room with Rinai heat overlooking water views. Spacious second floor master bedroom with spectacular water views. Laundry on 2nd floor. Newly painted exterior. Close to private resident Clark Beach with boating, clamming, and fishing. Public Pavilion Beach and Great Neck playground near by. Historic downtown Ipswich offers commuter train to Boston, YMCA, shops and great restaurants.Year-round living at its best with the changing seasons, colors and migrating birds. Come view this  beautiful home Thursday, Commuter Open House  from 5 to 7pm.
Unit Size
2,533 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$332
Property Type
House
Property Taxes
$751
HOA Dues
$3
Year Built
1958

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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 #72555103)

Price History

Date / Event Date Event Price
Nov 14, 2019 Sold
Premium
Sold
Aug 26, 2019 Listed by J. Barrett & Company $839,900
Listed by J. Barrett & Company
Sep 27, 2002 Sold
Premium
Sold
Jan 5, 2002 Listed by J. Barrett & Company $569,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 9
  • Basement Area: 660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,553
  • Total Building Area: 2,533
  • Gross Building Area: 3,319
  • Building Area: 2,533
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,533
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223100

Zoning

  • Zoning: RRB

Geography

  • Parcel: IPSW M:23B B:0030 L:0
  • Block: 30
  • Municipality: IPSWICH
  • Latitude: 42.6996
  • Longitude: -70.797

    Address

  • Full Address: 16 Capeview Rd
  • Address - House Number: 16
  • Address - Street Name: Capeview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1508
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,056,600

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,111,625
  • High Value: 1,286,514
  • Low Value: 936,735

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $928,500
  • Assessed Land Value: $433,700
  • Assessed Improvements Value: $494,800

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191114004850
  • Previous Sale Recording Date: Sep 27, 2002
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: 27
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 72555103

Frequently Asked Questions

When was property at 16 Capeview Road built and last sold?
The property at 16 Capeview Road was built in 1958 and last sold on Oct 15, 2019 for $825,000.
How much is this home worth?
The estimated value of the home located at 16 Capeview Road is $850,627.
What are some comparable homes to 16 Capeview Road?
There are currently no comparable homes to 16 Capeview Road.
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