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Essex 01938
21 Appomatox Road
$700,000
● House - Off Market

21 Appomatox Road

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,260 Ft²
$3,819
Est. Monthly

About This Property

Great value for this 2200+ square foot ranch in Great Neck. Distant water views from the living area and bedroom.Huge living area with cathedral ceilings, large brick fireplace and all wood floors with sliders all around which lead to your large rear deck and the distant views. The home sits up high and takes advantage of the views! The Town beach is right down the Street.Walk-out  Finished basement for additional living area.The home will need a little work but a great value regardless. Septic inspection has been ordered. This property is eligible under the First Look Initiative. All owner Occupant offers will be responded to after 7 dayson the market and investor offers will be responded toafter 30 days. However, all offers can be submitted during the First Look period.
Unit Size
2,260 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$310
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1945

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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 months ago (MLSPIN #73281532)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Sep 20, 2024 In contract -
In contract
Aug 24, 2024 Listed by Today Real Estate, Inc. $699,900
Listed by Today Real Estate, Inc.
May 2, 2024 No longer available -
No longer available
Nov 14, 2023 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 998
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,802
  • Total Building Area: 2,110
  • Gross Building Area: 2,456
  • Building Area: 2,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,110
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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: RRB

Geography

  • Parcel: IPSW M:23B B:055E L:0
  • Block: 55E
  • Municipality: IPSWICH
  • Latitude: 42.7003
  • Longitude: -70.798

    Address

  • Full Address: 21 Appomattox Rd
  • Address - House Number: 21
  • Address - Street Name: Appomattox
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1501
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $833,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 657,783
  • High Value: 710,345
  • Low Value: 605,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,400
  • Assessed Land Value: $446,300
  • Assessed Improvements Value: $286,100

    Sales

  • Current Sale Contract Date: Oct 19, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 20231114001420
  • Previous Sale Recording Date: Apr 19, 2016
  • Previous Sale Amount: $401,700
  • Previous Sale Document Type: 34
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 months ago
Data Source: MLS PIN, MLS# 73281532

Frequently Asked Questions

When was property at 21 Appomattox Road built and last sold?
The property at 21 Appomattox Road was built in 1945 and last sold on Oct 19, 2023 for $541,000.
How much is this home worth?
The estimated value of the home located at 21 Appomattox Road is $718,296.
What are some comparable homes to 21 Appomattox Road?
There are currently no comparable homes to 21 Appomattox Road.
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