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Essex 01921
248 Main Street
$700,000
● House - Off Market

248 Main Street

Boxford, MA 01921
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,758 Ft²
$700,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Nestled amidst the natural beauty of Boxford, this 3 bedroom, 2 bath contemporary home offers modern living in a tranquil setting. Situated on a sprawling 3.06 acre parcel, this home boasts a contemporary design with clean lines, abundant natural light, open concept living spaces, 2 decks, a storage shed and solar panels contributing to lower energy costs. The charming patio is a serene setting for relaxation. Surrounded by landscaped gardens it is an ideal spot for unwinding after a long day. If you're looking for a well maintained modern retreat on a generous parcel of land, don't miss the opportunity to make this property your own.
Unit Size
1,758 Ft²
Days on Market
-
Land Size
3.06 acres
Price per sqft
$398
Property Type
House
Property Taxes
$711
HOA Dues
-
Year Built
1983

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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: 6 months ago (MLSPIN #73160986)

Price History

Date / Event Date Event Price
Nov 30, 2023 Sold
Premium
Sold
Sep 30, 2023 In contract -
In contract
Sep 19, 2023 Listed by Keller Williams Realty Evolution $700,000
Listed by Keller Williams Realty Evolution
Oct 27, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 133,294
  • Total Building Area: 1,118
  • Gross Building Area: 2,392
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOXFORD
  • Land Acres: 0000003060
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:023 B:001 L:026
  • Block: 1
  • Lot: 26
  • Municipality: BOXFORD
  • Latitude: 42.6747
  • Longitude: -71.0354

    Address

  • Full Address: 248 Main St
  • Address - House Number: 248
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Boxford
  • Carrier Code: R006
  • 4-Digit Zip Code: 2228
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $880,000

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 707,976
  • High Value: 764,549
  • Low Value: 651,403

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $674,300
  • Assessed Land Value: $410,500
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231130003140
  • Previous Sale Recording Date: Oct 27, 1987
  • Previous Sale Amount: $247,000
  • Previous Sale Document Type: 27
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

2502 ft²

Average Home Age

73.3 years

Currently For Sale

1391 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: 6 months ago
Data Source: MLS PIN, MLS# 73160986

Frequently Asked Questions

When was property at 248 Main Street built and last sold?
The property at 248 Main Street was built in 1983 and last sold on Nov 30, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 248 Main Street is $709,784.
What are some comparable homes to 248 Main Street?
There are currently no comparable homes to 248 Main Street.
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