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Essex 01938
198 Linebrook Road
$269,000
● House - Off Market

198 Linebrook Road

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,692 Ft²
$780,010
RealtyHop Estimate
189.97%
Since Sep 1, 2000
National-US
Primary Model

About This Property

BEAUT.MAINTAINED 5RM,2+BR FULL SHED DORMERED CAPE, 2 FULL BA, H/W FLRS, FRONT TO BACK LR W/GAS INSERT FP., OPEN KIT & DR W/CENTER ISLAND. 3 SEASON GLASS ENCL.PORCH. SECURITY SYSTEM. MANY UPGRADES INCL. NEWER WIND,ROOF & SHED.
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$159
Property Type
House
Property Taxes
$205
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: 4 years ago (MLSPIN #30415004)

Price History

Date / Event Date Event Price
May 19, 2006 Sold
Premium
Sold
Aug 25, 2000 Sold
Premium
Sold
May 26, 2000 Listed by Vernon A. Martin, Inc. $269,000
Listed by Vernon A. Martin, Inc.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,858
  • Gross Building Area: 2,856
  • Building Area: 1,858
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,858
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000000344
  • 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:029E L:0
  • Block: 29E
  • Municipality: IPSWICH
  • Latitude: 42.6868
  • Longitude: -70.8781

    Address

  • Full Address: 198 Linebrook Rd
  • Address - House Number: 198
  • 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: $599,500

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 594,459
  • High Value: 688,092
  • Low Value: 500,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,800
  • Assessed Land Value: $286,900
  • Assessed Improvements Value: $239,900

    Sales

  • Current Sale Recording Date: May 19, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 25, 2000
  • Previous Sale Amount: $269,900
  • 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30415004

Frequently Asked Questions

When was property at 198 Linebrook Road built and last sold?
The property at 198 Linebrook Road was built in 1955 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 198 Linebrook Road is $293,330.
What are some comparable homes to 198 Linebrook Road?
There are currently no comparable homes to 198 Linebrook Road.
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