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Essex 01938
218 Argilla Rd
$999,000
● House - Off Market

218 Argilla Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,692 Ft²
$1,464,788
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

This unique home on the scenic road to Crane Beach represents inspired architectural design, combined with simply breathtaking views on both sides of Ipswich Great Marsh.  The interior is as spectacular as the vistas with too many unique features to mention.   An expansive screened-in porch, decks and porches look out over charming gardens to the marshes beyond.  A two-car garage with workshop/studio, offers an exercise studio above. A free standing home office, recently completely rewired and state of the art non-toxic, noise reducing insulation added and a new heat/ac split is a wonderful new addition. There is so much to experience here. This home is turn key and a show stopper.
Unit Size
2,692 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$371
Property Type
House
Property Taxes
$1,054
HOA Dues
-
Year Built
2000

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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 #72504802)

Price History

Date / Event Date Event Price
Aug 23, 2019 Sold
Premium
Sold
May 22, 2019 Listed by J. Barrett & Company $999,000
Listed by J. Barrett & Company
May 23, 2017 Sold
Premium
Sold
Dec 1, 2016 Listed by J. Barrett & Company $999,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 2,692
  • Gross Building Area: 3,667
  • Building Area: 2,692
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,692
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • 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:044 B:0011 L:0
  • Block: 11
  • Municipality: IPSWICH
  • Latitude: 42.6767
  • Longitude: -70.7833

    Address

  • Full Address: 218 Argilla Rd
  • Address - House Number: 218
  • Address - Street Name: Argilla
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R004
  • 4-Digit Zip Code: 2618
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,559,100

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,407,669
  • High Value: 1,629,134
  • Low Value: 1,186,204

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,370,000
  • Assessed Land Value: $819,800
  • Assessed Improvements Value: $550,200

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190823004750
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Amount: $982,000
  • Previous Sale Document Type: O
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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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# 72504802

Frequently Asked Questions

When was property at 218 Argilla Road built and last sold?
The property at 218 Argilla Road was built in 2000 and last sold on Aug 13, 2019 for $999,000.
How much is this home worth?
The estimated value of the home located at 218 Argilla Road is $1,013,783.
What are some comparable homes to 218 Argilla Road?
There are currently no comparable homes to 218 Argilla Road.
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