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Essex
2 Pheasant Lane
$550,000
● House - Off Market

2 Pheasant Lane

Groveland, MA 01834
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,606 Ft²
$864,928
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Motivated sellers invite you to come and see this home with its expansive Farmer's porch which welcomes you home to this updated Colonial situated in a cul-de-sac. Close to commuter routes, shopping, and other amenities. This home boasts a grand newly renovated kitchen with a five burner gas stove, convection microwave, and  granite counter tops. The sliding doors lead out to a private back yard you can overlook from the privacy of your 3 season porch. Four bedrooms and a partially finished lower level make for lots of space and privacy. Easy access to commuter routes, shopping, schools, and more. Come and see this wonderful home.
Unit Size
2,606 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$219
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1996

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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: 6 months ago (MLSPIN #72382461)

Price History

Date / Event Date Event Price
Nov 16, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed by J. Barrett & Company $569,900
Listed by J. Barrett & Company
Dec 12, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,952
  • Total Building Area: 2,014
  • Gross Building Area: 5,422
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVELAND
  • Land Acres: 0000001009
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RA

Geography

  • District: 116
  • Parcel: GROV M:35 B:009 L:A
  • Block: 9
  • Lot: A
  • Municipality: GROVELAND
  • Latitude: 42.7498
  • Longitude: -71.0125

    Address

  • Full Address: 2 Pheasant Ln
  • Address - House Number: 2
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Groveland
  • Carrier Code: R010
  • 4-Digit Zip Code: 2029
  • Zip Code: 01834

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,012,000

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 821,386
  • High Value: 951,056
  • Low Value: 691,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $747,400
  • Assessed Land Value: $239,700
  • Assessed Improvements Value: $507,700

    Sales

  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181116003450
  • Previous Sale Recording Date: Dec 12, 1996
  • Previous Sale Amount: $238,949
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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: 6 months ago
Data Source: MLS PIN, MLS# 72382461

Frequently Asked Questions

When was property at 2 Pheasant Lane built and last sold?
The property at 2 Pheasant Lane was built in 1996 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 2 Pheasant Lane is $595,752.
What are some comparable homes to 2 Pheasant Lane?
There are currently no comparable homes to 2 Pheasant Lane.
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