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Sandwich 02563
22 Chipman Rd
$273,850
● House - Off Market

22 Chipman Rd

Sandwich, MA 02563
bedrooms
2 Beds
bathrooms
1 Bath
square feet
942 Ft²
$425,840
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Very sweet, retro-ranch lovingly maintained on a beautiful, private, lot that will amaze you. The lot, and how the house is situated, hints at future expansion, and tons of potential. This Sandwich sweetheart is immediately available, and is just perfect as a second, or starter home as it is now. The interior has two good sized bedrooms, a living room with a fireplace, an eat in-kitchen, and a full basement. Outside, the car port will keep the rain and snow off of you and your car. New electric service panel just installed, Title V system is certified.
Unit Size
942 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$297
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1968

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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 #72413191)

Price History

Date / Event Date Event Price
Dec 14, 2018 Sold
Premium
Sold
Oct 19, 2018 Listed by ERA Cape Real Estate, LLC $279,900
Listed by ERA Cape Real Estate, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 2
  • Basement Area: 942
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 942
  • Gross Building Area: 2,480
  • Building Area: 942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 942
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sandwich School District
  • School Tax School District: SANDWICH SD
  • Census Tract: 013300

Zoning

  • Zoning: R-1

Geography

  • Account Number: 7812
  • Parcel: SAND M:0038 B:0095
  • Block: 95
  • Municipality: SANDWICH
  • Latitude: 41.7458
  • Longitude: -70.4834

    Address

  • Full Address: 22 Chipman Rd
  • Address - House Number: 22
  • Address - Street Name: Chipman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sandwich
  • Carrier Code: R001
  • 4-Digit Zip Code: 2224
  • Zip Code: 02563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,300

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 474,390
  • High Value: 571,808
  • Low Value: 376,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,500
  • Assessed Land Value: $140,600
  • Assessed Improvements Value: $197,900

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1360863
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 Sandwich

Stats & Trends

Median Asking:

$805,500

Sale Price/ft²

$486

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2360 ft²

Average Home Age

95.6 years

Currently For Sale

19 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# 72413191

Frequently Asked Questions

When was property at 22 Chipman Road built and last sold?
The property at 22 Chipman Road was built in 1968 and last sold on Dec 10, 2018 for $280,000.
How much is this home worth?
The estimated value of the home located at 22 Chipman Road is $289,196.
What are some comparable homes to 22 Chipman Road?
There are currently no comparable homes to 22 Chipman Road.
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