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Essex 01938
17 Stagehill Road
$535,000
● House - Off Market

17 Stagehill Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,389 Ft²
$590,863
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Perched atop one of the highest elevations on Great Neck, an opportunity to renovate or rebuild presents itself. Sited on a 12K+ square foot lot, with frontage on both Stagehill Rd and adjacent Bullseye Rd, this property has great possibilities for those with a vision. Original structure is a c1935 cottage with an subsequent addition. There are water views which are more substantial from the second floor. First floor has kitchen, open plan dining room and living room, two bedrooms, full bath and laundry. Second floor has primary bedroom with a partially finished bath, walk-in closet and impressive views, including a roof deck that could be refurbished. The house is currently being scraped and painted. Although this property needs work throughout, the location warrants a renovation or rebuild.
Unit Size
1,389 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$378
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1935

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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 years ago (MLSPIN #72849936)

Price History

Date / Event Date Event Price
Oct 26, 2021 Sold
Premium
Sold
Jun 15, 2021 Listed by LandVest, Inc., Ipswich $525,000
Listed by LandVest, Inc., Ipswich
Aug 29, 1991 Sold
Premium
Sold
Apr 25, 1990 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,802
  • Total Building Area: 1,450
  • Gross Building Area: 2,717
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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:0044 L:0
  • Block: 44
  • Municipality: IPSWICH
  • Latitude: 42.6991
  • Longitude: -70.7979

    Address

  • Full Address: 17 Stage Hill Rd
  • Address - House Number: 17
  • Address - Street Name: Stage Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1519
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $736,200

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 748,734
  • High Value: 871,366
  • Low Value: 626,101

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $646,900
  • Assessed Land Value: $446,300
  • Assessed Improvements Value: $200,600

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211026007840
  • Previous Sale Recording Date: Aug 29, 1991
  • Previous Sale Amount: $172,000
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 5 years ago
Data Source: MLS PIN, MLS# 72849936

Frequently Asked Questions

When was property at 17 Stagehill Road built and last sold?
The property at 17 Stagehill Road was built in 1935 and last sold on Oct 25, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 17 Stagehill Road is $534,498.
What are some comparable homes to 17 Stagehill Road?
There are currently no comparable homes to 17 Stagehill Road.
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