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Essex
25 Grapevine Rd
$785,000
● House - Off Market

25 Grapevine Rd

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,275 Ft²
$1,184,907
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

Handsome, sunny 4 bedroom, 2.5 bath colonial sits atop a hill with overland views to neighboring ponds. Ideally located near downtown Hamilton and Wenham and close to shopping, commuter rail, highway access, local restaurants, Crane Beach and all the Northshore has to offer, this welcoming property had been updated in recent years with a newer kitchen (2007), lower level (2007), detached garage addition (2003) and boasts many original antique details. There is plenty of space here with the finished 3rd floor loft-style bonus room and office.  Enjoy the last bit of summer by the in-ground pool or get the sled ready for prime sledding right in your own back yard! Welcome home to 25 Grapevine Road.
Unit Size
3,275 Ft²
Days on Market
-
Land Size
1.48 acres
Price per sqft
$241
Property Type
House
Property Taxes
$1,482
HOA Dues
-
Year Built
1900

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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 #72401457)

Price History

Date / Event Date Event Price
Jan 31, 2019 Sold
Premium
Sold
Sep 26, 2018 Listed by J. Barrett & Company $790,000
Listed by J. Barrett & Company
Sep 18, 2009 Sold
Premium
Sold
May 13, 2009 Listed by J. Barrett & Company $875,000
Listed by J. Barrett & Company
Jun 1, 2000 Sold
Premium
Sold
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,274
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,382
  • Total Building Area: 3,199
  • Gross Building Area: 5,148
  • Building Area: 3,199
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,199
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001478
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 1120
  • Parcel: WENH M:30 L:12
  • Lot: 12
  • Municipality: WENHAM
  • Latitude: 42.5997
  • Longitude: -70.8517

    Address

  • Full Address: 25 Grapevine Rd
  • Address - House Number: 25
  • Address - Street Name: Grapevine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1702
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,385,900

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,122,528
  • High Value: 1,312,366
  • Low Value: 932,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $798,800
  • Assessed Land Value: $443,600
  • Assessed Improvements Value: $355,200

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Jan 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190131005340
  • Previous Sale Recording Date: Sep 18, 2009
  • Previous Sale Amount: $865,000
  • 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:

$699,000

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# 72401457

Frequently Asked Questions

When was property at 25 Grapevine Road built and last sold?
The property at 25 Grapevine Road was built in 1900 and last sold on Jan 31, 2019 for $785,000.
How much is this home worth?
The estimated value of the home located at 25 Grapevine Road is $820,256.
What are some comparable homes to 25 Grapevine Road?
There are currently no comparable homes to 25 Grapevine Road.
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