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Essex 01951
18 Marsh Ave
$750,000
● House - Off Market

18 Marsh Ave

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,660 Ft²
$745,799
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

9 Plus Acres of Land Abutting Wildlife preserve!  18 Marsh Ave is a once in a lifetime property, first time available since 1980!  Own the tranquility you seek; enjoy bird watching, gardening, animals in this farm friendly community or just a quiet night by the wood burning fireplace.  Open concept Kitchen, Dining and Living space with wrap around deck and slider surround gives you the indoor / outdoor living space ideal for this picture perfect setting.  Property is complete with functional two stall barn and mature garden. Come see all this amazing property has to offer !
Unit Size
1,660 Ft²
Days on Market
-
Land Size
9.17 acres
Price per sqft
$452
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1958

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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: 5 months ago (MLSPIN #73131198)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 3, 2023 In contract -
In contract
Jun 30, 2023 Listed by Bentley's $750,000
Listed by Bentley's
Oct 22, 1980 Sold
Premium
Sold

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: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,143
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 399,445
  • Total Building Area: 1,660
  • Gross Building Area: 3,567
  • Building Area: 1,660
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,660
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R06 B:0000 L:00011
  • Lot: 11
  • Municipality: NEWBURY
  • Latitude: 42.7585
  • Longitude: -70.8429

    Address

  • Full Address: 18 Marsh Ave
  • Address - House Number: 18
  • Address - Street Name: Marsh
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 2401
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,000

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 810,898
  • High Value: 935,357
  • Low Value: 686,438

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $746,100
  • Assessed Land Value: $456,100
  • Assessed Improvements Value: $290,000

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230815000910
  • Previous Sale Recording Date: Oct 22, 1980
  • Previous Sale Amount: $116,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2501 ft²

Average Home Age

73.3 years

Currently For Sale

1412 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73131198

Frequently Asked Questions

When was property at 18 Marsh Avenue built and last sold?
The property at 18 Marsh Avenue was built in 1958 and last sold on Aug 9, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 18 Marsh Avenue is $754,272.
What are some comparable homes to 18 Marsh Avenue?
There are currently no comparable homes to 18 Marsh Avenue.
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