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Essex 01938
196 Linebrook Road
$322,500
● House - Off Market

196 Linebrook Road

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$558,466
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Updated 2 bedroom Ranch with hardwood floors and gas fireplace. Newer kitchen with corian counters and recessed lighting. Newer bathroom with linen closet and laundry shoot. Private backyard. Screened porch for enjoying summer evenings.  Updates include electrical system, windows and doors and heating system. Tankless Hot Water is Energy Efficient!    Walking distance to Doyon School, hiking trails and town fields.  Enjoy the Beauty Ipswich has to offer including Crane Beach, Willowdale Forest and Bradley Palmer State Park.  Title V Cert. for a 3 Bedroom Septic in hand.
Unit Size
936 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$352
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1955

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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 #71986122)

Price History

Date / Event Date Event Price
Jun 8, 2016 Sold
Premium
Sold
Apr 11, 2016 Listed by Windhill Realty, LLC $329,000
Listed by Windhill Realty, LLC
Jul 31, 1998 Sold
Premium
Sold
May 9, 1998 Listed by Windhill Realty, LLC $162,900
Listed by Windhill Realty, LLC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 864
  • 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: 936
  • Gross Building Area: 1,932
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 936
  • 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:029D L:0
  • Block: 29D
  • Municipality: IPSWICH
  • Latitude: 42.6867
  • Longitude: -70.8777

    Address

  • Full Address: 196 Linebrook Rd
  • Address - House Number: 196
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 1150
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,800

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 530,995
  • High Value: 621,916
  • Low Value: 440,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,300
  • Assessed Land Value: $293,100
  • Assessed Improvements Value: $152,200

    Sales

  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 237
  • Previous Sale Recording Date: Jul 31, 1998
  • Previous Sale Amount: $160,000
  • 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 months ago
Data Source: MLS PIN, MLS# 71986122

Frequently Asked Questions

When was property at 196 Linebrook Road built and last sold?
The property at 196 Linebrook Road was built in 1955 and last sold on Jan 1, 1970 for $322,500.
How much is this home worth?
The estimated value of the home located at 196 Linebrook Road is $327,781.
What are some comparable homes to 196 Linebrook Road?
There are currently no comparable homes to 196 Linebrook Road.
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