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Essex 01938
234 High Street
$410,000
● House - Off Market

234 High Street

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,735 Ft²
$449,909
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Dramatic price drop! Looking for a property to put some work into. Here is your chance! Nice-sized backyard with a shed for storage. The roof, skylight, and gutters were updated in 2019. The Interior is dated but hardwood floors underneath carpeting with a fireplace in the Livingroom. The basement has room for storage, a work area, and washers and dryer hookups.
Unit Size
1,735 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$245
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #73053241)

Price History

Date / Event Date Event Price
Jan 12, 2023 Sold
Premium
Sold
Dec 3, 2022 In contract -
In contract
Oct 28, 2022 Listed by Savage Realty Group $425,000
Listed by Savage Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 667
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,602
  • Total Building Area: 1,735
  • Gross Building Area: 2,891
  • Building Area: 1,735
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,735
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:20D B:0003 L:0
  • Block: 3
  • Municipality: IPSWICH
  • Latitude: 42.6949
  • Longitude: -70.8643

    Address

  • Full Address: 234 High St
  • Address - House Number: 234
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1249
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $593,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 633,498
  • High Value: 733,562
  • Low Value: 533,434

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,900
  • Assessed Land Value: $291,300
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230112000790
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.3 years

Currently For Sale

1497 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# 73053241

Frequently Asked Questions

When was property at 234 High Street built and last sold?
The property at 234 High Street was built in 1950 and last sold on Jan 12, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 234 High Street is $440,187.
What are some comparable homes to 234 High Street?
There are currently no comparable homes to 234 High Street.
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