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Essex
18 Cedar
$720,000
● House - Off Market

18 Cedar

Wenham, MA 01984
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,284 Ft²
$1,518,821
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Matchless Historic colonial in beautiful condition.  The Batchelder-Cogswell Home has been a well known Wenham landmark since 1790 with beautiful fireplaces, 5 large bedrooms with high ceililngs and updated closets, impressive great room overlooking a beautiful brick patio and granite wall, beautifully landscaped with perennial beds, fruit trees and arbor gate.  New wine celler and built in bar in Great Room, plus 2 fireplaces.   All the floors are wide pine.  Breezeway is Mahogany Flooring.
Unit Size
3,284 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$243
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1790

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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 #71496639)

Price History

Date / Event Date Event Price
Sep 20, 2013 Sold
Premium
Sold
Mar 21, 2013 Listed by Keller Williams Realty Evolution $799,000
Listed by Keller Williams Realty Evolution
Jul 29, 2005 Sold
Premium
Sold
Feb 19, 2005 Listed by Keller Williams Realty Evolution $839,000
Listed by Keller Williams Realty Evolution
Jul 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1790
  • Effective Year Built: 1790
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,482
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 3,284
  • Gross Building Area: 5,352
  • Building Area: 3,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 671
  • Parcel: WENH M:18 L:21
  • Lot: 21
  • Municipality: WENHAM
  • Latitude: 42.6023
  • Longitude: -70.8938

    Address

  • Full Address: 18 Cedar St
  • Address - House Number: 18
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1514
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,400,100

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,119,638
  • High Value: 1,326,814
  • Low Value: 912,461

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $807,000
  • Assessed Land Value: $494,500
  • Assessed Improvements Value: $312,500

    Sales

  • Current Sale Recording Date: Sep 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Amount: $815,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71496639

Frequently Asked Questions

When was property at 18 Cedar Street built and last sold?
The property at 18 Cedar Street was built in 1790 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 18 Cedar Street is $804,610.
What are some comparable homes to 18 Cedar Street?
There are currently no comparable homes to 18 Cedar Street.
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