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Essex
24 Fatherland Farm
Photo of 24 Fatherland Farm
Sold on Feb 28, 2006

1

Map

$670,000
● House - Off Market

24 Fatherland Farm

Newbury, MA 01922
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,912 Ft²
$1,189,811
RealtyHop Estimate
70.00%
Since Mar 1, 2006
National-US
Primary Model

About This Property

Classic Colonial in Fatherland Farms. This spacious home features a large maple/granite kitchen open to a fireplaced family room with gleaming hardwood floors. Other features include a large deck overlooking the 1.45 acre lot, great screened porch, great master suite and three other good sized bedrooms. The partially finished lower level playroom provides an additional play or work space.
Unit Size
2,912 Ft²
Days on Market
-
Land Size
1.45 acres
Price per sqft
$240
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1996

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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 #70261338)

Price History

Date / Event Date Event Price
Feb 28, 2006 Sold
Premium
Sold
Sep 16, 2005 Listed $699,900
Listed
Feb 29, 2000 Sold
Premium
Sold
Dec 15, 1999 Listed by Stone Ridge Properties, Inc. $469,900
Listed by Stone Ridge Properties, Inc.
IT'S ALL HERE...CLASSIC COLONIAL HOME W/ ALL THE BELLS & WHISTLES. CUSTOM FEATURES,CROWN MOULDINGS,GOURMET KITCHEN W/ GRANITE COUNTERTOPS,FIREPLACED FAMILY RM, MASTER SUITE, MAHOGANY DECK, SCRND PORCH, 3RD FL EXPANSION POSSIBLE.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,504
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 3,890
  • Gross Building Area: 6,247
  • Building Area: 3,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,890
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FATHERLAND FARMS
  • Land Acres: 0000001450
  • 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:0R18 B:0000 L:00064
  • Lot: 64
  • Municipality: NEWBURY
  • Latitude: 42.7437
  • Longitude: -70.9342

    Address

  • Full Address: 24 Fatherland Dr
  • Address - House Number: 24
  • Address - Street Name: Fatherland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1400
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $810,700

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,100,447
  • High Value: 1,269,096
  • Low Value: 931,798

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,055,600
  • Assessed Land Value: $355,300
  • Assessed Improvements Value: $700,300

    Sales

  • Current Sale Recording Date: Feb 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 28, 2006
  • Previous Sale Amount: $670,000
  • Previous Sale Document Type: 48
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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70261338

Frequently Asked Questions

When was property at 24 Fatherland Drive built and last sold?
The property at 24 Fatherland Drive was built in 1996 and last sold on Jan 1, 1970 for $670,000.
How much is this home worth?
The estimated value of the home located at 24 Fatherland Drive is $725,670.
What are some comparable homes to 24 Fatherland Drive?
There are currently no comparable homes to 24 Fatherland Drive.
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