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Essex
2 Tanglewood Road
$425,000
● House - Off Market

2 Tanglewood Road

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,313 Ft²
$1,757,670
RealtyHop Estimate
309.71%
Since Aug 1, 1997
MA-Boston
Primary Model

About This Property

CONTEMPORARY, ARCHITECT-DESIGNED HOME, SEVEN ROOMS, TWO AND A HALF BATHS, TWO CAR GARAGE WITH HEATED WORKSHOP, SUNLIT AND IN PRISTINE CONDITION. SEPARATE SPA AND EXERCISE ROOM. WALK TO TOWN AND BEACHES.
Unit Size
3,313 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$129
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1975

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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 #30163835)

Price History

Date / Event Date Event Price
Jul 28, 1997 Sold
Premium
Sold
May 14, 1997 Listed by Lux Realty North Shore $429,000
Listed by Lux Realty North Shore

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 324
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,577
  • Total Building Area: 3,149
  • Gross Building Area: 5,559
  • Building Area: 3,149
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,149
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000518
  • 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:0028 B:0000 L:0067
  • Lot: 67
  • Municipality: MANCHESTER
  • Latitude: 42.576
  • Longitude: -70.7766

    Address

  • Full Address: 2 Tanglewood Rd
  • Address - House Number: 2
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1049
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,085,400

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,290,552
  • High Value: 1,488,190
  • Low Value: 1,092,914

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,160,900
  • Assessed Land Value: $445,800
  • Assessed Improvements Value: $715,100

    Sales

  • Current Sale Recording Date: Jul 28, 1997
  • Current Sale Price:
    Premium
  • Current 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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30163835

Frequently Asked Questions

When was property at 2 Tanglewood Road built and last sold?
The property at 2 Tanglewood Road was built in 1975 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 2 Tanglewood Road is $0.
What are some comparable homes to 2 Tanglewood Road?
There are currently no comparable homes to 2 Tanglewood Road.
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