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Essex
22 School St
$874,000
● House - Off Market

22 School St

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,861,821
RealtyHop Estimate
108.02%
Since Feb 1, 2013
MA-Boston
Primary Model

About This Property

Immaculate updated 3 bedroom period home with granite and staubkess kitchen, 5 fireplaces, central air, master bedroom suite w/ full baths, fireplace and large walk in closet. Finished 3rd floor w/ sitting room.  High ceilings,wood floors, detached 2 car garage w/ heated home office/studio. Professionally landscaped grounds with many beautiful plantings.  Large deck off kitchen/family room.  Located in the heart of the village. Only a few minute walk to town, train, shops, beach and harbo
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$373
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1776

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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 #71438279)

Price History

Date / Event Date Event Price
Jan 25, 2013 Sold
Premium
Sold
Sep 14, 2012 Listed by J. Barrett & Company $895,000
Listed by J. Barrett & Company
Apr 23, 2010 Sold
Premium
Sold
Mar 31, 2010 Listed by J. Barrett & Company $859,000
Listed by J. Barrett & Company
Jun 2, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1776
  • Effective Year Built: 1776
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 930
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,561
  • Total Building Area: 2,314
  • Gross Building Area: 4,144
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000426
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: D

Geography

  • District: 166
  • Parcel: MANC M:0051 B:0000 L:0004
  • Lot: 4
  • Municipality: MANCHESTER
  • Latitude: 42.5767
  • Longitude: -70.7711

    Address

  • Full Address: 22 School St
  • Address - House Number: 22
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1336
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,037,600

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 1,226,201
  • High Value: 1,457,485
  • Low Value: 994,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,109,700
  • Assessed Land Value: $482,600
  • Assessed Improvements Value: $627,100

    Sales

  • Current Sale Recording Date: Jan 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 538
  • Previous Sale Recording Date: Apr 23, 2010
  • Previous Sale Amount: $859,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71438279

Frequently Asked Questions

When was property at 22 School Street built and last sold?
The property at 22 School Street was built in 1776 and last sold on Jan 1, 1970 for $874,000.
How much is this home worth?
The estimated value of the home located at 22 School Street is $906,982.
What are some comparable homes to 22 School Street?
There are currently no comparable homes to 22 School Street.
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