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Essex 01951
25 Riverview Dr
$399,500
● House - Off Market

25 Riverview Dr

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,928 Ft²
$882,125
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Quintessential Cape in immaculate condition on dead end street. 7 Rooms, 4 bedrooms, 2 baths + large finished basement w/ wainscot trim. Over $100K in updates, including energy efficient windows and heat/hot water system, new siding and no-maintenance trim, outdoor shower, kitchen appliances, wood stove,12x20 mini-barn w/elec, front deck, French-drain. Bigger than appears from street w/ plenty of storage. Private backyard w/ farmland views. Minutes from downtown Nbpt and Plum Island Beaches
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$213
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1968

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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 #71376097)

Price History

Date / Event Date Event Price
Aug 29, 2012 Sold
Premium
Sold
May 1, 2012 Listed by Keller Williams Realty $409,900
Listed by Keller Williams Realty
May 18, 2006 Sold
Premium
Sold
Mar 10, 2006 Listed by Keller Williams Realty $395,000
Listed by Keller Williams Realty
Apr 28, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,071
  • Total Building Area: 1,590
  • Gross Building Area: 3,344
  • Building Area: 1,590
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERT BARSHAW
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R48 B:0000 L:00031
  • Lot: 31
  • Municipality: NEWBURY
  • Latitude: 42.7903
  • Longitude: -70.8485

    Address

  • Full Address: 25 Riverview Dr
  • Address - House Number: 25
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 1808
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,100

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 785,731
  • High Value: 906,328
  • Low Value: 665,135

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,900
  • Assessed Land Value: $281,500
  • Assessed Improvements Value: $338,400

    Sales

  • Current Sale Recording Date: Aug 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 18, 2006
  • Previous Sale Amount: $387,000
  • 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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71376097

Frequently Asked Questions

When was property at 25 Riverview Drive built and last sold?
The property at 25 Riverview Drive was built in 1968 and last sold on Jan 1, 1970 for $399,500.
How much is this home worth?
The estimated value of the home located at 25 Riverview Drive is $435,066.
What are some comparable homes to 25 Riverview Drive?
There are currently no comparable homes to 25 Riverview Drive.
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