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Essex 01938
194 Linebrook Rd
$444,000
● House - Off Market

194 Linebrook Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,772 Ft²
$680,508
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Charming Cape with 3 bedrooms and 2 baths with a private and scenic backyard.  This home is walking distance to the Doyon Elementary school, has easy highway access, and is a short drive to both Ipswich center and the commuter rail.  The attached 2-car garage leads into a four season sunroom.   The bright kitchen opens to the freshly painted dining room with hard wood floors.  A full basement provides excellent potential for an additional living space. Enjoy all that Ipswich has to offer with your resident's pass to Crane Beach, fresh farm goods from close-by Marini Farms, and the hiking and biking trails of nearby Bradley Palmer and Willowdale State Forests.
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$242
Property Type
House
Property Taxes
$423
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 #72232724)

Price History

Date / Event Date Event Price
Nov 15, 2017 Sold
Premium
Sold
Sep 22, 2017 Listed by Churchill Properties $429,000
Listed by Churchill Properties
Jun 27, 2013 Sold
Premium
Sold
May 1, 2013 Listed by Churchill Properties $369,900
Listed by Churchill Properties

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 956
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,498
  • Total Building Area: 1,772
  • Gross Building Area: 3,412
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • 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: RRA

Geography

  • Parcel: IPSW M:29C B:029C L:0
  • Block: 29C
  • Municipality: IPSWICH
  • Latitude: 42.6867
  • Longitude: -70.8773

    Address

  • Full Address: 194 Linebrook Rd
  • Address - House Number: 194
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 2915
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $612,800

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 632,289
  • High Value: 731,880
  • Low Value: 532,699

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,500
  • Assessed Land Value: $293,100
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Recording Date: Nov 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171115004860
  • Previous Sale Recording Date: Jun 27, 2013
  • Previous Sale Amount: $363,900
  • 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72232724

Frequently Asked Questions

When was property at 194 Linebrook Road built and last sold?
The property at 194 Linebrook Road was built in 1955 and last sold on Jan 1, 1970 for $444,000.
How much is this home worth?
The estimated value of the home located at 194 Linebrook Road is $447,905.
What are some comparable homes to 194 Linebrook Road?
There are currently no comparable homes to 194 Linebrook Road.
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