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Newburyport 01950
23 Phillips Drive
Photo of 23 Phillips Drive
Sold on Mar 6, 2006

1

Map

$367,250
● House - Off Market

23 Phillips Drive

Newburyport, MA 01950
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,094 Ft²
$617,449
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

This warm and inviting 2BR, 1BA home set on almost a half acre lot adjacent to Maudslay State Park is beckoning you to move right in. From the warm Pottery Barn colors to the hardwood floors, you can see that this home has been lovingly cared for. There are perimeter drains, high efficiency replacement windows in the front of the house, newer furnace, stove,dishwasher and a screened porch for those warm summer evenings. There is nothing left to do except move in! What are you waiting for
Unit Size
1,094 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$334
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1965

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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 #70279162)

Price History

Date / Event Date Event Price
Mar 6, 2006 Sold
Premium
Sold
Oct 15, 2005 Listed $365,000
Listed
Jun 30, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 0
  • 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: 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: 21,307
  • Total Building Area: 1,344
  • Gross Building Area: 4,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newburyport School District
  • School Tax School District: NEWBURYPORT SD
  • Census Tract: 268100

Geography

  • District: 206
  • Parcel: NEWP M:0106 B:0027 L:0000
  • Block: 27
  • Municipality: NEWBURYPORT
  • Latitude: 42.8183
  • Longitude: -70.9259

    Address

  • Full Address: 23 Phillips Dr
  • Address - House Number: 23
  • Address - Street Name: Phillips
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Newburyport
  • Carrier Code: C024
  • 4-Digit Zip Code: 6235
  • Zip Code: 01950

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,700

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 630,827
  • High Value: 731,961
  • Low Value: 529,692

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $650,700
  • Assessed Land Value: $359,200
  • Assessed Improvements Value: $291,500

    Sales

  • Current Sale Recording Date: Mar 06, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 30, 1993
  • Previous Sale Amount: $120,000
  • 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 Newburyport

Stats & Trends

Median Asking:

$1,075,000

Sale Price/ft²

$569

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2329 ft²

Average Home Age

98 years

Currently For Sale

64 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# 70279162

Frequently Asked Questions

When was property at 23 Phillips Drive built and last sold?
The property at 23 Phillips Drive was built in 1965 and last sold on Jan 1, 1970 for $367,250.
How much is this home worth?
The estimated value of the home located at 23 Phillips Drive is $380,936.
What are some comparable homes to 23 Phillips Drive?
There are currently no comparable homes to 23 Phillips Drive.
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