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Essex 01938
2 James Road
Photo of 2 James Road
Sold on Dec 7, 2005

1

Map

$478,000
● House - Off Market

2 James Road

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$798,709
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Absolutely PRISTINE split!  Sparkling hardwood floors, a 21st century kitchen and elegant fireplace with black marble surround invite you to come and live in this handsomely detailed home. Finished lower level includes a bedroom, bathrm (w/shower & W/D set-up), kitchenette, office and huge family room with a second hearth. Title V septic system certification in hand. In much sought after Pinefield subdivision. Backyard abuts buffer zone of Ipswich Country Club golf course.
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$233
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1968

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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 months ago (MLSPIN #70255552)

Price History

Date / Event Date Event Price
Dec 7, 2005 Sold
Premium
Sold
Oct 28, 2005 Sold
Premium
Sold
Sep 8, 2005 Listed $464,900
Listed
Aug 24, 1998 Sold
Premium
Sold
Jun 8, 1998 Listed $237,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,056
  • 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: 1,738
  • Gross Building Area: 2,912
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOWDALE ACRES
  • 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:27B B:0019 L:0
  • Block: 19
  • Municipality: IPSWICH
  • Latitude: 42.691
  • Longitude: -70.9065

    Address

  • Full Address: 2 James Rd
  • Address - House Number: 2
  • Address - Street Name: James
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C004
  • 4-Digit Zip Code: 1114
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,600

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 706,875
  • High Value: 817,547
  • Low Value: 596,202

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $575,200
  • Assessed Land Value: $314,900
  • Assessed Improvements Value: $260,300

    Sales

  • Current Sale Recording Date: Oct 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 24, 1998
  • Previous Sale Amount: $225,000
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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: 4 months ago
Data Source: MLS PIN, MLS# 70255552

Frequently Asked Questions

When was property at 2 James Road built and last sold?
The property at 2 James Road was built in 1968 and last sold on Jan 1, 1970 for $471,000.
How much is this home worth?
The estimated value of the home located at 2 James Road is $475,401.
What are some comparable homes to 2 James Road?
There are currently no comparable homes to 2 James Road.
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