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Essex
2 Pinewood Road
$1,500,000
● House - Off Market

2 Pinewood Road

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
5,995 Ft²
$3,184,728
RealtyHop Estimate
99.67%
Since May 1, 2008
MA-Boston
Primary Model

About This Property

Elegant Nantucket style home on over an acre with breathtaking overland views and sun-drenched rooms. This high quality home boasts many features including granite kitchen and baths; an open, versatile floor plan; hardwood floors; 3 fireplaces; expansive 3rd floor Great Room and so much more.
Unit Size
5,995 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$266
Property Type
House
Property Taxes
$839
HOA Dues
-
Year Built
2005

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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 #70677007)

Price History

Date / Event Date Event Price
Apr 30, 2008 Sold
Premium
Sold
Nov 13, 2007 Listed by RE/MAX 360 $1,595,000
Listed by RE/MAX 360
Jan 14, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,449
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,503
  • Total Building Area: 5,758
  • Gross Building Area: 9,284
  • Building Area: 5,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001045
  • 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: C

Geography

  • District: 166
  • Parcel: MANC M:0032 B:0000 L:0114
  • Lot: 114
  • Municipality: MANCHESTER
  • Latitude: 42.586
  • Longitude: -70.7878

    Address

  • Full Address: 2 Pinewood Rd
  • Address - House Number: 2
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1036
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,898,400

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 2,464,670
  • High Value: 2,842,115
  • Low Value: 2,087,225

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,030,400
  • Assessed Land Value: $608,100
  • Assessed Improvements Value: $1,422,300

    Sales

  • Current Sale Recording Date: Apr 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 14, 2005
  • Previous Sale Amount: $395,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 70677007

Frequently Asked Questions

When was property at 2 Pinewood Road built and last sold?
The property at 2 Pinewood Road was built in 2005 and last sold on Jan 1, 1970 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 2 Pinewood Road is $0.
What are some comparable homes to 2 Pinewood Road?
There are currently no comparable homes to 2 Pinewood Road.
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