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Essex
24 River Street
$285,000
● House - Off Market

24 River Street

Middleton, MA 01949
bedrooms
3 Beds
bathrooms
2 Baths
square feet
912 Ft²
$600,925
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Solid 3 BR Ranch in country setting near shopping, highways and restaurants.  Seller to totally replace 3 BR septic system.  Large enclosed porch could be made an integral part of main house.  Entire interior painted within last year,  Hardwood floors in bedrooms and hall on ist level, basement has paneled family room area with shower and toilet, walk out to generous yard and entrance to one car garage.  Great opportunity to move into Middleton and enjoy the advantages of the Masconomet school system.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$345
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1960

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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 #71593694)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
Dec 24, 2013 Sold
Premium
Sold
Oct 7, 2013 Listed by Coldwell Banker Residential Brokerage - Beverly $315,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 240
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,539
  • Total Building Area: 912
  • Gross Building Area: 2,062
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    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: Masconomet School District
  • Census Tract: 212102

Zoning

  • Zoning: R1B

Geography

  • Parcel: MIDD M:0033 B:0000 L:0028
  • Lot: 28
  • Municipality: MIDDLETON
  • Latitude: 42.5749
  • Longitude: -71.0019

    Address

  • Full Address: 24 River St
  • Address - House Number: 24
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Middleton
  • Carrier Code: R002
  • 4-Digit Zip Code: 2416
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $628,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 603,287
  • High Value: 707,468
  • Low Value: 499,107

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,400
  • Assessed Land Value: $279,400
  • Assessed Improvements Value: $254,000

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220330002500
  • Previous Sale Recording Date: Dec 24, 2013
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: O
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 71593694

Frequently Asked Questions

When was property at 24 River Street built and last sold?
The property at 24 River Street was built in 1960 and last sold on Mar 30, 2022 for $558,000.
How much is this home worth?
The estimated value of the home located at 24 River Street is $319,117.
What are some comparable homes to 24 River Street?
There are currently no comparable homes to 24 River Street.
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