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Essex 01938
16 Dornell Rd
$418,000
● House - Off Market

16 Dornell Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,597 Ft²
$606,916
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Beautiful, sunny,  and versatile floor plan depending on the new buyers life style.  Located in a neighbor that is convenient to stores, middle and high school,  and easy drive or walk to downtown and commuter rail.  Spacious master bedroom can be located on first level or second floor addition.  Large eat in kitchen with large bay window overlooking picturesque back yard. Dinng room slider opens up to a patio to enjoy those warmer days.  Family room has pellet stove and plenty of space for your entertainment system.  Upstairs offers your third bedroom or can be used for office or whatever is your preference. Come and enjoy Ipswich and this great house!!!
Unit Size
1,597 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$256
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1955

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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 #72461077)

Price History

Date / Event Date Event Price
May 5, 2021 Sold
Premium
Sold
Apr 22, 2019 Sold
Premium
Sold
Mar 6, 2019 Listed by RE/MAX Advantage Real Estate $409,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,078
  • Total Building Area: 1,597
  • Gross Building Area: 1,789
  • Building Area: 1,597
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,597
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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: 223300

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:30A B:024D L:0
  • Block: 24D
  • Municipality: IPSWICH
  • Latitude: 42.6915
  • Longitude: -70.8514

    Address

  • Full Address: 16 Dornell Rd
  • Address - House Number: 16
  • Address - Street Name: Dornell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1205
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,700

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 565,247
  • High Value: 672,101
  • Low Value: 458,394

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $519,100
  • Assessed Land Value: $299,300
  • Assessed Improvements Value: $219,800

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 624701
  • Previous Sale Recording Date: Apr 22, 2019
  • Previous Sale Contract Date: Apr 22, 2019
  • Previous Sale Amount: $418,000
  • 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:

$699,899

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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# 72461077

Frequently Asked Questions

When was property at 16 Dornell Road built and last sold?
The property at 16 Dornell Road was built in 1955 and last sold on Apr 29, 2021 for $418,000.
How much is this home worth?
The estimated value of the home located at 16 Dornell Road is $426,377.
What are some comparable homes to 16 Dornell Road?
There are currently no comparable homes to 16 Dornell Road.
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