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Essex
251 Middle Road
Photo of 251 Middle Road

1

Map

$1,295,000
● House - Off Market

251 Middle Road

Newbury, MA 01922
bedrooms
4 Beds
bathrooms
5 Baths
square feet
4,498 Ft²
$7,391
Est. Monthly

About This Property

Riverfront estate set on a knoll overlooking rolling lawns to the Parker River, This 10 rm Cont Cape offers every possible luxury. Beautiful 25' fp'd LR, expansive DR, granite kit & 30'x30' sunlit great rm w/therapeutic spa. Additional amenities inclu first fl fp'd master with his/hers bathrooms & walk-in closet, 40' dock with access to Merrimac River and Ocean, inground gunite pool with hot tub, exquisite grounds, irrigation system, generator, invisible fence, security system, . UNPARELLELED!!!
Unit Size
4,498 Ft²
Days on Market
-
Land Size
2.29 acres
Price per sqft
$288
Property Type
House
Property Taxes
$1,032
HOA Dues
-
Year Built
1964

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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 #71057056)

Price History

Date / Event Date Event Price
Aug 10, 2012 Sold
Premium
Sold
Aug 23, 2011 Listed by RE/MAX On The River, Inc. $1,295,000
Listed by RE/MAX On The River, Inc.
Mar 31, 2010 Listed by RE/MAX On The River, Inc. $1,295,000
Listed by RE/MAX On The River, Inc.
Oct 30, 2002 Sold
Premium
Sold
Jun 6, 2002 Listed by Real Homes Realty $1,200,000
Listed by Real Homes Realty
SUPERIOR WATERFRONT PROPERTY OFFERS PRIVACY, UNPARALLED VIEWS AND PRIVATE DOCK. THIS CUSTOMIZED HOME FEATURES MAGNIFICENT GREAT ROOM W/LG PALADIUM WINDOW, TWO 3-SEASON PORCHES, CENTRAL AIR, WHIRLPOOL BATH, INTERCOM, PROF. LANDSC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,890
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Total Building Area: 4,498
  • Gross Building Area: 10,010
  • Building Area: 4,498
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,498
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVID A BLACKADAR
  • Land Acres: 0000002300
  • 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:0R15 B:0000 L:00009
  • Lot: 9
  • Municipality: NEWBURY
  • Latitude: 42.76
  • Longitude: -70.9003

    Address

  • Full Address: 251 Middle Rd
  • Address - House Number: 251
  • Address - Street Name: Middle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Byfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2710
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,670,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,156,762
  • High Value: 2,487,296
  • Low Value: 1,826,228

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,174,900
  • Assessed Land Value: $828,800
  • Assessed Improvements Value: $1,346,100

    Sales

  • Current Sale Recording Date: Aug 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 12, 1999
  • Previous Sale Amount: $400,000
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71057056

Frequently Asked Questions

When was property at 251 Middle Road built and last sold?
The property at 251 Middle Road was built in 1964 and last sold on Jan 1, 1970 for $1,075,000.
How much is this home worth?
The estimated value of the home located at 251 Middle Road is $1,310,832.
What are some comparable homes to 251 Middle Road?
There are currently no comparable homes to 251 Middle Road.
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