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Essex 01938
20 Masconomet Rd
$345,000
● House - Off Market

20 Masconomet Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,238 Ft²
$776,837
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

In one of most sought after neighborhoods in Ipswich, this gem of a home backs up to  conservation land.  Steps to the Ipswich River and on a quiet cul-de-sac.  Beautifully landscaped gardens in very private yard, attached garage, updated eat in kitchen and family room.  Screened in porch and partially finished basement.......this home is truly gorgeous.
Unit Size
2,238 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$161
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1948

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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 #71368973)

Price History

Date / Event Date Event Price
Apr 10, 2015 Sold
Premium
Sold
Sep 26, 2012 Sold
Premium
Sold
Apr 18, 2012 Listed by J. Barrett & Company $360,000
Listed by J. Barrett & Company

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,048
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 2,343
  • Gross Building Area: 3,736
  • Building Area: 2,343
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,343
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 223100

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:53B B:0010 L:0
  • Block: 10
  • Municipality: IPSWICH
  • Latitude: 42.6672
  • Longitude: -70.8423

    Address

  • Full Address: 20 Masconomet Rd
  • Address - House Number: 20
  • Address - Street Name: Masconomet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C002
  • 4-Digit Zip Code: 2528
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,800

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 741,839
  • High Value: 858,685
  • Low Value: 624,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,700
  • Assessed Land Value: $298,700
  • Assessed Improvements Value: $354,000

    Sales

  • Current Sale Recording Date: Apr 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41000254
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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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: 5 months ago
Data Source: MLS PIN, MLS# 71368973

Frequently Asked Questions

When was property at 20 Masconomet Road built and last sold?
The property at 20 Masconomet Road was built in 1948 and last sold on Jan 1, 1970 for $424,000.
How much is this home worth?
The estimated value of the home located at 20 Masconomet Road is $391,486.
What are some comparable homes to 20 Masconomet Road?
There are currently no comparable homes to 20 Masconomet Road.
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