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Essex
2 Murray Rd
$270,000
● House - Off Market

2 Murray Rd

Groveland, MA 01834
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,704 Ft²
$616,715
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

LOCATION PLUS!  Wide streets, quiet area! Beautifully maintained home. Cherry Kitchen w/cozy eat in area! Fireplace Living room. Delightful screen porch, new deck, fenced in yard. Hardwood floors 1st & 2nd floor. Central Air Conditioning on the first floor. Nat gas furnace & hot water heater (owned).  Seller has nicely maintained this home for many years. Close to Salem St, major routes yet quiet area.   1700 sq ft of living!  Call today.
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

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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: 6 months ago (MLSPIN #71298091)

Price History

Date / Event Date Event Price
Apr 13, 2012 Sold
Premium
Sold
Oct 8, 2011 Listed by RE/MAX On The River, Inc. $280,000
Listed by RE/MAX On The River, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,799
  • Total Building Area: 1,548
  • Gross Building Area: 2,748
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGIATE PARK
  • Land Acres: 0000000409
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 264100

Zoning

  • Zoning: RB

Geography

  • District: 116
  • Parcel: GROV M:41 B:012 L:0
  • Block: 12
  • Municipality: GROVELAND
  • Latitude: 42.7407
  • Longitude: -71.0293

    Address

  • Full Address: 2 Murray Rd
  • Address - House Number: 2
  • Address - Street Name: Murray
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Groveland
  • Carrier Code: C063
  • 4-Digit Zip Code: 1552
  • Zip Code: 01834

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $705,600

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 581,605
  • High Value: 685,118
  • Low Value: 478,093

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,100
  • Assessed Land Value: $193,500
  • Assessed Improvements Value: $327,600

    Sales

  • Current Sale Recording Date: Apr 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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

Unit for rent at 122 Washington, Haverhill, 01830

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,364 ft²
122 Washington #203, Haverhill, 01830 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71298091

Frequently Asked Questions

When was property at 2 Murray Road built and last sold?
The property at 2 Murray Road was built in 1964 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 2 Murray Road is $303,680.
What are some comparable homes to 2 Murray Road?
There are currently no comparable homes to 2 Murray Road.
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