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Essex 01921
254 Ipswich Road
$645,000
● House - Off Market

254 Ipswich Road

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,022 Ft²
$1,867,307
RealtyHop Estimate
183.35%
Since Feb 1, 2001
National-US
Primary Model

About This Property

WOW! THE 17' TWO STORY ENTRANCE LEADS YOU TO THE NEWLY REMODELED KITCHEN W/ ALL NEW STAINLESS STEEL APPLIANCES. THREE ROOM MASTER SUITE W/PRIVATE OFFICE. HANDSOME CROWN MOLDINGS AND HARDWOOD FLOORS. WALK UP THIRD FLOOR EXP. POSS.
Unit Size
4,022 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$164
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1994

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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 years ago (MLSPIN #30452638)

Price History

Date / Event Date Event Price
Aug 16, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by Barbara Goldberg Assoc. $985,000
Listed by Barbara Goldberg Assoc.
Jan 5, 2001 Sold
Premium
Sold
Oct 11, 2000 Listed by Barbara Goldberg Assoc. $659,000
Listed by Barbara Goldberg Assoc.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 87,556
  • Total Building Area: 4,411
  • Gross Building Area: 9,114
  • Building Area: 4,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,411
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOXFORD
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: BOXF M:019 B:002 L:015.11
  • Block: 2
  • Lot: 15.11
  • Municipality: BOXFORD
  • Latitude: 42.689
  • Longitude: -71.008

    Address

  • Full Address: 254 Ipswich Rd
  • Address - House Number: 254
  • Address - Street Name: Ipswich
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R008
  • 4-Digit Zip Code: 1623
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,429,000

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,189,781
  • High Value: 1,392,503
  • Low Value: 987,058

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,095,000
  • Assessed Land Value: $400,000
  • Assessed Improvements Value: $695,000

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210816003910
  • Previous Sale Recording Date: Jan 05, 2001
  • Previous Sale Amount: $645,000
  • 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

2519 ft²

Average Home Age

73.7 years

Currently For Sale

1437 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: 5 years ago
Data Source: MLS PIN, MLS# 30452638

Frequently Asked Questions

When was property at 254 Ipswich Road built and last sold?
The property at 254 Ipswich Road was built in 1994 and last sold on Aug 9, 2021 for $1,065,000.
How much is this home worth?
The estimated value of the home located at 254 Ipswich Road is $0.
What are some comparable homes to 254 Ipswich Road?
There are currently no comparable homes to 254 Ipswich Road.
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