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Essex 01951
21 Marsh
$675,000
● House - Off Market

21 Marsh

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,072 Ft²
$1,189,150
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

AN EXTRAORDINARY LOCATION WITH OVER 70 FT. OF PARKER RIVER FRONTAGE AND 3.8 ACRES OF WOODS AND GARDENS AT THE END OF A  DEAD END DEAD END ROAD ABUTTING OLD TOWN COUNTRY CLUB . THIS PROPERTY HAS A SEASONAL DOCK AND FLOAT AS WELL AS AN 180 DEGREE RIVER VIEW.  7 ROOMS, A 20 FT. KITCHEN WITH DINING AREA OVERLOOKING THE RIVER. THE SUN ROOM ON THE FIRST FLOOR CAN BE AN OFFICE, STUDIO,  OR FAMILY ROOM. THE WINDOWS ARE DOUBLE GLAZED. AN OVERSIZED GARAGE/ WORKSHOP HAS A SUMMER STUDIO APARTMENT ON THE SECOND FLOOR.  A FULL TIME VACATION LOCATION 50 MIN. TO BOSTON, 10 TO NEWBURYPORT. A MUST SEE.  THE PARKER RIVER IS TIDAL, MOOR YOUR BOAT. TAKE UP ROWING, SAILING.  WATCH THE TIDES RISE & FALL.
Unit Size
2,072 Ft²
Days on Market
-
Land Size
3.80 acres
Price per sqft
$323
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
-

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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 #71842155)

Price History

Date / Event Date Event Price
Aug 24, 2015 Sold
Premium
Sold
May 21, 2015 Listed by River Valley Real Estate $670,000
Listed by River Valley Real Estate
Aug 17, 1993 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 165,528
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003800
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR40

Geography

  • Parcel: NEWB M:0R11 B:0000 L:00085
  • Lot: 85
  • Municipality: NEWBURY
  • Latitude: 42.7613
  • Longitude: -70.8419

    Address

  • Full Address: 21 Marsh Ave
  • Address - House Number: 21
  • Address - Street Name: Marsh
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 2402
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $916,700

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,598,833
  • High Value: 1,854,335
  • Low Value: 1,343,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,193,600
  • Assessed Land Value: $753,600
  • Assessed Improvements Value: $440,000

    Sales

  • Current Sale Recording Date: Aug 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 424
  • Previous Sale Recording Date: Aug 17, 1993
  • Previous Sale Amount: $252,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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 months ago
Data Source: MLS PIN, MLS# 71842155

Frequently Asked Questions

When was property at 21 Marsh Avenue built and last sold?
The property at 21 Marsh Avenue was built in and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 21 Marsh Avenue is $686,289.
What are some comparable homes to 21 Marsh Avenue?
There are currently no comparable homes to 21 Marsh Avenue.
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