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Essex 01938
25 Argilla Road
$465,000
● House - Off Market

25 Argilla Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,988 Ft²
$824,976
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

First Open House:CANCELLED!  Excellent opportunity to own one of the most sought after roads in Ipswich! Imagine riding your bike just down the road to Crane's Beach or to Russell Orchards. Just minutes away from all downtown activities, including events, shops and restaurants. This 3 BR 1.5 BA home has lovely natural lighting and pastoral views.  Craftsmanship hearkens back to the early 1900s including detailed built-in cabinetry, french doors, newly refurbished hardwood floors throughout and freshly painted inside. New heating system in 2015. A must see!
Unit Size
1,988 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$234
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1928

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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: 4 months ago (MLSPIN #71921859)

Price History

Date / Event Date Event Price
Nov 13, 2015 Sold
Premium
Sold
Oct 13, 2015 Listed by J. Barrett & Company $465,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,988
  • Gross Building Area: 4,328
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • 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: 223100

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:42C B:0075 L:0
  • Block: 75
  • Municipality: IPSWICH
  • Latitude: 42.6748
  • Longitude: -70.8323

    Address

  • Full Address: 25 Argilla Rd
  • Address - House Number: 25
  • Address - Street Name: Argilla
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C002
  • 4-Digit Zip Code: 2334
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $782,300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 649,948
  • High Value: 766,210
  • Low Value: 533,686

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,400
  • Assessed Land Value: $394,600
  • Assessed Improvements Value: $292,800

    Sales

  • Current Sale Recording Date: Nov 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 428
  • Previous Sale Recording Date: Nov 13, 2015
  • Previous Sale Amount: $232,500
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 71921859

Frequently Asked Questions

When was property at 25 Argilla Road built and last sold?
The property at 25 Argilla Road was built in 1928 and last sold on Jan 1, 1970 for $232,500.
How much is this home worth?
The estimated value of the home located at 25 Argilla Road is $468,442.
What are some comparable homes to 25 Argilla Road?
There are currently no comparable homes to 25 Argilla Road.
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