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Essex 01921
LOT 2 Joseph Smith Lane
$409,900
● House - Off Market

LOT 2 Joseph Smith Lane

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,900 Ft²
$1,651,101
RealtyHop Estimate
302.81%
Since Feb 1, 1998
MA-Boston
Primary Model

About This Property

QUALITY-BUILT COLONIAL SET ON PRIVATE 7+ ACRES IN NEW SUBDIVISION.  FIREPLACED FAMILY ROOM OFF LG COUNTRY KITCHEN, FORMAL FPLCD. LR  & DR, BONUS/GAME RM. OVER GARAGE, CENTRAL AIR, VAC & SECURITY.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
7.54 acres
Price per sqft
$141
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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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: 4 years ago (MLSPIN #30149022)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed $795,000
Listed
Jan 7, 1998 Sold
Premium
Sold
Feb 24, 1997 Listed $409,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 3,345
  • Gross Building Area: 6,826
  • Building Area: 3,345
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,345
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:038 B:002 L:002
  • Block: 2
  • Lot: 2
  • Municipality: BOXFORD
  • Latitude: 42.6499
  • Longitude: -70.9744

    Address

  • Full Address: 2 Joseph Smith Way
  • Address - House Number: 2
  • Address - Street Name: Joseph Smith
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Boxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 2400
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,274,100

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,010,691
  • High Value: 1,182,899
  • Low Value: 838,483

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $976,300
  • Assessed Land Value: $419,900
  • Assessed Improvements Value: $556,400

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210929004240
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30149022

Frequently Asked Questions

When was property at 2 Joseph Smith Lane built and last sold?
The property at 2 Joseph Smith Lane was built in 1988 and last sold on Sep 27, 2021 for $800,000.
How much is this home worth?
The estimated value of the home located at 2 Joseph Smith Lane is $0.
What are some comparable homes to 2 Joseph Smith Lane?
There are currently no comparable homes to 2 Joseph Smith Lane.
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