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Amesbury Town 01913
2 Wells Ave
$325,000
● House - Off Market

2 Wells Ave

Amesbury, MA 01913
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,566 Ft²
$548,678
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Nicely finished, centrally located colonial. This home is great for entertaining with an over-sized lot, heated in-ground pool, a main level living room and a lower level family room. There are three bedrooms and two full baths. This home boast lots of character with some modern updates. There is central air throughout the house with two zones.
Unit Size
1,566 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$208
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #71962089)

Price History

Date / Event Date Event Price
Sep 23, 2016 Sold
Premium
Sold
Feb 23, 2016 Listed by Harborside Sotheby's International Realty $325,000
Listed by Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 787
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,570
  • Total Building Area: 1,566
  • Gross Building Area: 2,497
  • Building Area: 1,566
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,566
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266300

Zoning

  • Zoning: R8

Geography

  • Parcel: AMES M:77 B:0093
  • Block: 93
  • Municipality: AMESBURY
  • Latitude: 42.848
  • Longitude: -70.931

    Address

  • Full Address: 2 Wells Ave
  • Address - House Number: 2
  • Address - Street Name: Wells
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 3500
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $827,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 590,788
  • High Value: 729,562
  • Low Value: 452,013

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,300
  • Assessed Land Value: $240,500
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 581
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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$368

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1870 ft²

Average Home Age

83.9 years

Currently For Sale

42 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 53 Thompson, Amesbury, 01913

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,250 ft²
53 Thompson, Amesbury, 01913 Listing by Amy Spring

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71962089

Frequently Asked Questions

When was property at 2 Wells Avenue built and last sold?
The property at 2 Wells Avenue was built in 1920 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 2 Wells Avenue is $340,260.
What are some comparable homes to 2 Wells Avenue?
There are currently no comparable homes to 2 Wells Avenue.
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