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Essex 01938
20 Herrick Dr
Photo of 20 Herrick Dr
Sold on Jul 20, 2007

1

Map

$499,000
● House - Off Market

20 Herrick Dr

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,836 Ft²
$904,792
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

Wonderful cul-de-sac neighborhood!  Come home to a comfortable 4 bedroom 2.5 bath house situated on 1.3 acres of land with mature landscaping.  Family room features a wood fireplace and hardwood floors Sliding glass door to the deck and backyard features blinds between the glass.  With a newer custom kitchen and new windows throughout the house, you will feel right at home!
Unit Size
1,836 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$286
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1980

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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: 5 months ago (MLSPIN #70608809)

Price History

Date / Event Date Event Price
Jul 20, 2007 Sold
Premium
Sold
Jul 2, 2007 Listed $524,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 2,983
  • Gross Building Area: 3,788
  • Building Area: 2,983
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,983
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:37B B:0085 L:0
  • Block: 85
  • Municipality: IPSWICH
  • Latitude: 42.6793
  • Longitude: -70.9348

    Address

  • Full Address: 20 Herrick Dr
  • Address - House Number: 20
  • Address - Street Name: Herrick
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1009
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,026,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 844,925
  • High Value: 977,211
  • Low Value: 712,638

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $902,200
  • Assessed Land Value: $418,300
  • Assessed Improvements Value: $483,900

    Sales

  • Current Sale Recording Date: Jul 20, 2007
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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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Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70608809

Frequently Asked Questions

When was property at 20 Herrick Drive built and last sold?
The property at 20 Herrick Drive was built in 1980 and last sold on Jan 1, 1970 for $499,000.
How much is this home worth?
The estimated value of the home located at 20 Herrick Drive is $536,821.
What are some comparable homes to 20 Herrick Drive?
There are currently no comparable homes to 20 Herrick Drive.
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