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Essex 01951
231 High Rd.
$1,066,000
● House - Off Market

231 High Rd.

Newbury, MA 01951
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,176 Ft²
$1,611,087
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

This gorgeous shingled colonial with its wrap-around porch, well-manicured yard and inviting hardscaped pool/entertainment area is a must see. The interior finishes are spectacular! The first-floor master suite is breathtaking, and the lower level entertainment area will blow your mind.  All of this is located just 7 mins from downtown Newburyport and 5 mins from the Parker River, which offers access to Newburyport Harbor and then the Atlantic Ocean!  Drooling yet... quick, come and see if it is the perfect home for you!  First showing at Sundays OH 1-3 PM
Unit Size
3,176 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$346
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72523024)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jun 21, 2019 Listed by RE/MAX On The River, Inc. $1,098,777
Listed by RE/MAX On The River, Inc.
Apr 30, 2008 Sold
Premium
Sold
Feb 1, 2008 Listed by RE/MAX On The River, Inc. $679,000
Listed by RE/MAX On The River, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 398
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,420
  • Total Building Area: 2,776
  • Gross Building Area: 5,425
  • Building Area: 2,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,776
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWBURY
  • Land Acres: 0000001410
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R27 B:0000 L:0058A
  • Lot: 58A
  • Municipality: NEWBURY
  • Latitude: 42.7707
  • Longitude: -70.8405

    Address

  • Full Address: 231 High Rd
  • Address - House Number: 231
  • Address - Street Name: High
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 2200
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $903,700

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,425,361
  • High Value: 1,643,805
  • Low Value: 1,206,918

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,176,700
  • Assessed Land Value: $399,300
  • Assessed Improvements Value: $777,400

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190830000660
  • Previous Sale Recording Date: Apr 30, 2008
  • Previous Sale Amount: $625,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 72523024

Frequently Asked Questions

When was property at 231 High Road built and last sold?
The property at 231 High Road was built in 1999 and last sold on Aug 29, 2019 for $1,066,000.
How much is this home worth?
The estimated value of the home located at 231 High Road is $1,098,266.
What are some comparable homes to 231 High Road?
There are currently no comparable homes to 231 High Road.
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