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Essex
2 Orchard Lane
Photo of 2 Orchard Lane

16

Map

Photo of 2 Orchard Lane
Photo of 2 Orchard Lane
$899,000
● Land - For Sale

2 Orchard Lane

Manchester, MA 01944
bedrooms
Studio
bathrooms
0 Bath
$4,415
Est. Monthly

About This Property

Design your dream home, complete w/sewage disposal system plan, perc test, topography survey and subdivision plan approvals.  1.8 acres of land surround a quiet street on Orchard Lane.  Nature-ensconced proposed 4 bedroom home site promising coveted summer simplicity by way of a remote location, all in Manchester By The Sea. Close proximity and conveniently located to commuter rail, Village, harbor, beaches, shops and restaurants.
Unit Size
-
Days on Market
-
Land Size
1.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1994

Listed By

Kristin Francoeur
[email protected]
Engel & Volkers By The Sea

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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 #73512162)

Price History

Date / Event Date Event Price
May 4, 2026 Listed by Gibson Sotheby's International Realty $899,000
Listed by Gibson Sotheby's International Realty
Oct 2, 2025 No longer available -
No longer available
Sep 30, 2025 Withdrawn -
Withdrawn
Mar 29, 2025 Relisted $975,000
Relisted
Mar 15, 2025 In contract -
In contract
Show More

Property Highlights

Exterior Details
Waterfront Features: Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Area Units: Square Feet
Lot Features: Wooded
Lot Size Area: 1.8
Lot Size Units: Acres
Lot Size Acres: 1.8
Lot Size Square Feet: 78408
Water Source: Private
Utilities Details
Sewer : Private Sewer, Perc Test On File

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,583
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 249,734
  • Total Building Area: 6,851
  • Gross Building Area: 10,901
  • Building Area: 6,851
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 6,851
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANCHESTER SEA
  • Land Acres: 0000005733
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0029 B:0000 L:0045
  • Lot: 45
  • Municipality: MANCHESTER
  • Latitude: 42.5756
  • Longitude: -70.7836

    Address

  • Full Address: 2 Orchard Ln
  • Address - House Number: 2
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Manchester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1499
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,174,900
  • Initial Tax Delinquent Year: 1984

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 2,496,147
  • High Value: 2,896,330
  • Low Value: 2,095,963

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,326,100
  • Assessed Land Value: $798,500
  • Assessed Improvements Value: $1,527,600
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

2532 ft²

Average Home Age

72 years

Currently For Sale

1468 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: 6 months ago
Data Source: MLS PIN, MLS# 73512162

Frequently Asked Questions

When was property at 2 Orchard Lane built and last sold?
The property at 2 Orchard Lane was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Orchard Lane is $907,990.
What are some comparable homes to 2 Orchard Lane?
There are currently no comparable homes to 2 Orchard Lane.
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