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Essex 01938
21 Edge St
$490,000
● House - Off Market

21 Edge St

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,464 Ft²
$635,167
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Sought-After Campanelli Ranch in great neighborhood of Linebrook Woods area with easy access to highway. 1 full, 1 3/4 & 1/2 Bath, Main Bedroom has an en suite Bath, radiant heat slab foundation, enclosed/screened-in Patio/Sun Room with bulit-in brick grill, outside features an in-ground pool, Shed/Pool House, 1/2+ acre corner lot with privacy trees, 1 car attached Garage, excellent entry-level price being sold as-is! Showings by appointment only, masks required for entry.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$324
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1962

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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 #72687262)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Coldwell Banker Realty - Lynnfield $475,000
Listed by Coldwell Banker Realty - Lynnfield
Jun 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 24,206
  • Total Building Area: 1,464
  • Gross Building Area: 2,292
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000556
  • 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:28A B:0198 L:0
  • Block: 198
  • Municipality: IPSWICH
  • Latitude: 42.6882
  • Longitude: -70.8989

    Address

  • Full Address: 21 Edge St
  • Address - House Number: 21
  • Address - Street Name: Edge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C004
  • 4-Digit Zip Code: 1109
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 633,770
  • High Value: 743,123
  • Low Value: 524,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,500
  • Assessed Land Value: $339,800
  • Assessed Improvements Value: $237,700

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201009007290
  • Previous Sale Recording Date: Jun 01, 1994
  • Previous Sale Amount: $175,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72687262

Frequently Asked Questions

When was property at 21 Edge Street built and last sold?
The property at 21 Edge Street was built in 1962 and last sold on Oct 7, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 21 Edge Street is $487,987.
What are some comparable homes to 21 Edge Street?
There are currently no comparable homes to 21 Edge Street.
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