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Essex 01938
17 Bayview Rd
$1,080,000
● House - Off Market

17 Bayview Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,027 Ft²
$1,974,017
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Waterfront home with private steps to beach below where you can boat, clam, fish, and swim. Breathtaking views of Plum Island,Yacht Club Basin, Cape Ann, and the open ocean from N.H. to the coast of Maine. Relax in the kitchen family area taking advantage of water views on all sides. Sunken living room with fireplace, cathedral ceiling, built-in bookcase and slider to deck. Formal dining room with fireplace and a beautiful cherry built-in hutch. First floor office/3rd bedroom. Large deck for entertaining while enjoying spectacular water views. Plus, enjoy the Heated Lap Pool in the lower level on those cold snowy days. Less than an hour into Boston by train or car. In December all windows facing the ocean have been replaced. Title V pass, 4 bedroom design in file, currently used as 3 bedroom.
Unit Size
3,027 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$357
Property Type
House
Property Taxes
$984
HOA Dues
$30
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #71750724)

Price History

Date / Event Date Event Price
Mar 11, 2015 Sold
Premium
Sold
Oct 1, 2014 Listed by J. Barrett & Company $1,080,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 12
  • 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: 420
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,189
  • Gross Building Area: 3,454
  • Building Area: 2,189
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,189
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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:24A B:0105 L:0
  • Block: 105
  • Municipality: IPSWICH
  • Latitude: 42.7004
  • Longitude: -70.7927

    Address

  • Full Address: 17 Bayview Rd
  • Address - House Number: 17
  • Address - Street Name: Bayview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 2805
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,731,600

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,835,866
  • High Value: 2,124,698
  • Low Value: 1,547,034

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,521,600
  • Assessed Land Value: $808,000
  • Assessed Improvements Value: $713,600

    Sales

  • Current Sale Recording Date: Mar 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31100300
  • Previous Sale Recording Date: Jan 17, 2014
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71750724

Frequently Asked Questions

When was property at 17 Bayview Road built and last sold?
The property at 17 Bayview Road was built in 1997 and last sold on Jan 1, 1970 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 17 Bayview Road is $1,099,722.
What are some comparable homes to 17 Bayview Road?
There are currently no comparable homes to 17 Bayview Road.
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