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Ipswich 01938
24 Woods Ln
$560,000
● House - Off Market

24 Woods Ln

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,850 Ft²
$1,048,523
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Absolute gem of a home.  Lovingly restored out with all new bathrooms, updated electrics, fully insulated,furnace and water heater new in 2012.  Incredible cook's kitchen opening onto deck and overlooking the landscaped backyard.  Master suite.  Wood burning insert in fireplace, ceiling fans, built-ins.  Two car garage.  All this in the most sought after neighborhood close to town and on extremely quiet street.  All the character of the early 1900s but all the convenience of 2015.  Showings to begin immediately.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$314
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1908

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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 #71791649)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by J. Barrett & Company $795,000
Listed by J. Barrett & Company
Apr 23, 2015 Sold
Premium
Sold
Feb 11, 2015 Listed by J. Barrett & Company $580,000
Listed by J. Barrett & Company
Nov 30, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 905
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,852
  • Gross Building Area: 3,925
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 223200

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:42A B:0029 L:0
  • Block: 29
  • Municipality: IPSWICH
  • Latitude: 42.6783
  • Longitude: -70.8309

    Address

  • Full Address: 24 Woods Ln
  • Address - House Number: 24
  • Address - Street Name: Woods
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C002
  • 4-Digit Zip Code: 2340
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $903,200

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 849,112
  • High Value: 995,499
  • Low Value: 702,726

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $793,700
  • Assessed Land Value: $332,400
  • Assessed Improvements Value: $461,300

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211022002010
  • Previous Sale Recording Date: Apr 23, 2015
  • Previous Sale Amount: $560,000
  • 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 Ipswich

Stats & Trends

Median Asking:

$684,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1733 ft²

Average Home Age

79.1 years

Currently For Sale

17 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71791649

Frequently Asked Questions

When was property at 24 Woods Lane built and last sold?
The property at 24 Woods Lane was built in 1908 and last sold on Oct 22, 2021 for $860,000.
How much is this home worth?
The estimated value of the home located at 24 Woods Lane is $788,747.
What are some comparable homes to 24 Woods Lane?
There are currently no comparable homes to 24 Woods Lane.
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