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Amesbury Town 01913
246 Main Street
$295,000
● House - Off Market

246 Main Street

Amesbury, MA 01913
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,841 Ft²
$415,826
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This house requires some attention (Don't we all!) but it does not need to be a total rehab.  Three bedroom single family home with substantial square footage that can be yours for less than many condo's in town.  The owners have painstakingly rejuvenated portions of this home so all that is left on some of the upper levels is to sand the wood floors or install the desired floor covering. Some rooms on the first floor have walls that need to receive a final patch and paint.  The bath is modern and the kitchen is functional but cabinets may be considered dated or distressed.  If you can swing a hammer you will have some instant equity when the interior work is completed and some exterior spots where the weather has emerged victorious, are addressed.
Unit Size
1,841 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$163
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1910

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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 #72691451)

Price History

Date / Event Date Event Price
Jan 27, 2021 Sold
Premium
Sold
Nov 23, 2020 Listed by Bulfinch Boston Realty, Inc. $485,000
Listed by Bulfinch Boston Realty, Inc.
Jul 31, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Bulfinch Boston Realty, Inc. $299,900
Listed by Bulfinch Boston Realty, Inc.
Jul 22, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 837
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,340
  • Total Building Area: 1,841
  • Gross Building Area: 3,585
  • Building Area: 1,841
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,841
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266300

Zoning

  • Zoning: R20

Geography

  • Parcel: AMES M:77 B:0030
  • Block: 30
  • Municipality: AMESBURY
  • Latitude: 42.8468
  • Longitude: -70.9296

    Address

  • Full Address: 246 Main St
  • Address - House Number: 246
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 3717
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $824,500

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 630,464
  • High Value: 741,608
  • Low Value: 519,320

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,200
  • Assessed Land Value: $199,000
  • Assessed Improvements Value: $328,200

    Sales

  • Current Sale Contract Date: Jan 18, 2021
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210127001790
  • Previous Sale Recording Date: Jul 31, 2020
  • Previous Sale Contract Date: Jul 30, 2020
  • Previous Sale Amount: $295,000
  • 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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$368

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1870 ft²

Average Home Age

83.9 years

Currently For Sale

42 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 23 Chester, Amesbury, 01913

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 903 ft²
23 Chester #UNIT1, Amesbury, 01913 Listing by Allison Gallagher

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72691451

Frequently Asked Questions

When was property at 246 Main Street built and last sold?
The property at 246 Main Street was built in 1910 and last sold on Jan 18, 2021 for $497,400.
How much is this home worth?
The estimated value of the home located at 246 Main Street is $494,787.
What are some comparable homes to 246 Main Street?
There are currently no comparable homes to 246 Main Street.
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