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Essex 01938
2 Ashley Lane
$440,000
● House - Off Market

2 Ashley Lane

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,192 Ft²
$966,972
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Buy yourself the best present this year! New interior paint & carpet. Three bedroom town approved septic system to be installed after closing making it brand new for you! New furnace in 2011. Two car garage for those winter nights and an exterior shower for those summer days after the beach. We've got it all.  Come make it your own.
Unit Size
2,192 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$214
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1995

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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 #71422608)

Price History

Date / Event Date Event Price
Mar 6, 2013 Sold
Premium
Sold
Aug 15, 2012 Listed by Country Crossroads Realty Associates LLC $469,900
Listed by Country Crossroads Realty Associates LLC
Aug 28, 1998 Sold
Premium
Sold
Jul 31, 1996 Sold
Premium
Sold
Oct 24, 1995 Listed $254,900
Listed
UNDER CONSTRUCTION-SMALL SUBDIVISION,GREAT OPPORTUNITY FOR IPSWICH!7 SPACIOUS ROOMS,KITCHEN WITH BREAKFAST & BAY, FORMAL LR & DR,3 BDRMS,2.5 BATHS,2 CAR UNDER ON CUL-DE-SAC. 30 DAY OCCUPANCY-ANIXOUS SELLER! HOUSE IS READY ON LOCKBOX!

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,244
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,617
  • Total Building Area: 2,192
  • Gross Building Area: 3,978
  • Building Area: 2,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001001
  • 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:28A B:0243 L:0
  • Block: 243
  • Municipality: IPSWICH
  • Latitude: 42.6889
  • Longitude: -70.8983

    Address

  • Full Address: 2 Ashley Ln
  • Address - House Number: 2
  • Address - Street Name: Ashley
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C004
  • 4-Digit Zip Code: 1135
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $824,500

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 806,375
  • High Value: 932,626
  • Low Value: 680,124

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,500
  • Assessed Land Value: $326,800
  • Assessed Improvements Value: $397,700

    Sales

  • Current Sale Recording Date: Mar 06, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 28, 1998
  • Previous Sale Amount: $294,900
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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# 71422608

Frequently Asked Questions

When was property at 2 Ashley Lane built and last sold?
The property at 2 Ashley Lane was built in 1995 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 2 Ashley Lane is $494,226.
What are some comparable homes to 2 Ashley Lane?
There are currently no comparable homes to 2 Ashley Lane.
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