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Essex 01921
255 Main St
$93,522
● Land - Off Market

255 Main St

Boxford, MA 01921
bedrooms
Studio
bathrooms
0 Bath
$164,677
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

REVIEWING ALL OFFERS ON FRIDAY 11/7/14, SUBMIT HIGHEST AND BEST. Calling all builders, get two lots for less than the price of one.  These two adjacent lots are sized 2.87 acres and 2.4 acres.  They are buildable but work needs to be done in order to fit town regulations.  Best for buyers with heavy equipment as the driveway needs the most consideration.  Buyers to do their own due diligence, seller is looking for an offer with no contingencies.
Unit Size
-
Days on Market
-
Land Size
5.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 years ago (MLSPIN #71762535)

Price History

Date / Event Date Event Price
Sep 23, 2019 Sold
Premium
Sold
Apr 4, 2019 Listed by The Central Group $1,075,000
Listed by The Central Group
Nov 21, 2014 Sold
Premium
Sold
Oct 28, 2014 Listed by The Central Group $90,000
Listed by The Central Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 124,582
  • Total Building Area: 4,118
  • Gross Building Area: 9,617
  • Building Area: 4,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,118
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002860
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: BOXF M:023 B:001 L:012.3
  • Block: 1
  • Lot: 12.3
  • Municipality: BOXFORD
  • Latitude: 42.6768
  • Longitude: -71.0357

    Address

  • Full Address: 255b Main St
  • Address - House Number: 255b
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Boxford
  • Carrier Code: R006
  • 4-Digit Zip Code: 2224
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,868,200

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 1,406,762
  • High Value: 1,645,255
  • Low Value: 1,168,268

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,431,600
  • Assessed Land Value: $328,500
  • Assessed Improvements Value: $1,103,100

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190923002920
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 years ago
Data Source: MLS PIN, MLS# 71762535

Frequently Asked Questions

When was property at 255 Main Street built and last sold?
The property at 255 Main Street was built in 2017 and last sold on Sep 20, 2019 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 255 Main Street is $1,113,197.
What are some comparable homes to 255 Main Street?
There are currently no comparable homes to 255 Main Street.
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