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Essex
22 Leigh Rd
$436,000
● House - Off Market

22 Leigh Rd

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,024 Ft²
$617,246
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

This spacious colonial is perfect for the growing family. The first level boast a formal living room, huge family room, eat-in kitchen, office and three season sunroom. There are 4 bedrooms and two full baths, as well as a lower level "rec", hobby or exercise room .  This home is located at the end of a dead end street and is a short walk to Pleasant Pond's public beach and launch for kayaks or canoes.
Unit Size
2,024 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$205
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1957

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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 #72389964)

Price History

Date / Event Date Event Price
Nov 6, 2018 Sold
Premium
Sold
Sep 6, 2018 Listed by RE/MAX Advantage Real Estate $415,000
Listed by RE/MAX Advantage Real Estate
Jun 23, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,304
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,505
  • Total Building Area: 2,024
  • Gross Building Area: 3,541
  • Building Area: 2,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,024
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDLEWOOD PK PLEASANT POND
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 103
  • Parcel: WENH M:7 L:86
  • Lot: 86
  • Municipality: WENHAM
  • Latitude: 42.6145
  • Longitude: -70.8918

    Address

  • Full Address: 22 Leigh Rd
  • Address - House Number: 22
  • Address - Street Name: Leigh
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1416
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $768,100

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 670,381
  • High Value: 783,878
  • Low Value: 556,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,700
  • Assessed Land Value: $221,500
  • Assessed Improvements Value: $221,200

    Sales

  • Current Sale Recording Date: Nov 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181106002370
  • Previous Sale Recording Date: Jun 23, 1993
  • Previous Sale Amount: $179,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 72389964

Frequently Asked Questions

When was property at 22 Leigh Road built and last sold?
The property at 22 Leigh Road was built in 1957 and last sold on Jan 1, 1970 for $436,000.
How much is this home worth?
The estimated value of the home located at 22 Leigh Road is $439,354.
What are some comparable homes to 22 Leigh Road?
There are currently no comparable homes to 22 Leigh Road.
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