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Amesbury Town 01913
2 Atlantic Avenue
Photo of 2 Atlantic Avenue
Sold on Aug 24, 2007

1

Map

$190,000
● House - Off Market

2 Atlantic Avenue

Amesbury, MA 01913
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,420 Ft²
$381,573
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Two words - Sweat Equity! This home is priced aggressively to reflect the fact that effort is required to reveal the full value of this "diamond in the rough". Newer roof and heating system have set the stage for a full rehabilitation of this home.  Forget the condo search and step up to home ownership - complete with 8000sf of outdoor space and a 36x16 deck for entertaining.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$155
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1900

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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 #70570078)

Price History

Date / Event Date Event Price
Aug 24, 2007 Sold
Premium
Sold
May 2, 2007 Listed $220,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 729
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,190
  • Total Building Area: 1,403
  • Gross Building Area: 3,227
  • Building Area: 1,403
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,403
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266400

Zoning

  • Zoning: R8

Geography

  • Parcel: AMES M:54 B:0156
  • Block: 156
  • Municipality: AMESBURY
  • Latitude: 42.8545
  • Longitude: -70.92

    Address

  • Full Address: 2 Atlantic Ave
  • Address - House Number: 2
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C001
  • 4-Digit Zip Code: 3401
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,900

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 458,101
  • High Value: 544,061
  • Low Value: 372,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $365,000
  • Assessed Land Value: $172,400
  • Assessed Improvements Value: $192,600

    Sales

  • Current Sale Recording Date: Aug 24, 2007
  • Current Sale Price:
    Premium
  • Current 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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$366

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1983 ft²

Average Home Age

85.3 years

Currently For Sale

43 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: 5 months ago
Data Source: MLS PIN, MLS# 70570078

Frequently Asked Questions

When was property at 2 Atlantic Avenue built and last sold?
The property at 2 Atlantic Avenue was built in 1900 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 2 Atlantic Avenue is $234,754.
What are some comparable homes to 2 Atlantic Avenue?
There are currently no comparable homes to 2 Atlantic Avenue.
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