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Essex 01921
21-B Bennett Rd
$325,000
● Land - Off Market

21-B Bennett Rd

Boxford, MA 01921
bedrooms
Studio
bathrooms
0 Bath
$633,575
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Estate lot located in desirable East Boxford. Build your dream home on this private 14 acre parcel. The following are in hand: an approved 5 bedroom septic plan, underground utilities on Rocky Brook Road which can be accessed by a 50 foot wide piece of land on 21 A Bennett, bridge over wetlands has been constructed & driveway roughed in; all permits are in hand to build. This lot shares a common drive with MLS listing 71783488 , which consists of  apprx 6 acres, the whole 22 acres can be purchased together for a discount price of 650,000.00. This land would be suitable for equestrian pursuits. A rare offering that will not last. Hurry make an appointment today to view this property. All documents are attached.
Unit Size
-
Days on Market
-
Land Size
14.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
$400
HOA Dues
-
Year Built
2016

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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 years ago (MLSPIN #71783491)

Price History

Date / Event Date Event Price
May 6, 2015 Sold
Premium
Sold
Jan 13, 2015 Listed by Keller Williams Realty Evolution $359,900
Listed by Keller Williams Realty Evolution
Jul 9, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 261,360
  • Total Building Area: 4,599
  • Gross Building Area: 9,162
  • Building Area: 4,599
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,599
  • Heating Fuel Type: 8

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Account Number: 10903
  • Parcel: BOXF M:022 B:001 L:007.1
  • Block: 1
  • Lot: 7.1
  • Municipality: BOXFORD
  • Latitude: 42.6754
  • Longitude: -71.0426

    Address

  • Full Address: 21a Bennett Rd
  • Address - House Number: 21a
  • Address - Street Name: Bennett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R006
  • 4-Digit Zip Code: 2244
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,000,700

    Appraisal Valuation

  • Standard Deviation: 0.1242
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 1,606,265
  • High Value: 1,805,793
  • Low Value: 1,406,738

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,533,100
  • Assessed Land Value: $441,800
  • Assessed Improvements Value: $1,091,300

    Sales

  • Current Sale Recording Date: May 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50600198
  • Previous Sale Recording Date: Jul 09, 2010
  • Previous Sale Amount: $200,000
  • Previous 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 years ago
Data Source: MLS PIN, MLS# 71783491

Frequently Asked Questions

When was property at 21 Bennett Road built and last sold?
The property at 21 Bennett Road was built in 2016 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 21 Bennett Road is $363,499.
What are some comparable homes to 21 Bennett Road?
There are currently no comparable homes to 21 Bennett Road.
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