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Essex
26 Mayflower Dr
$490,000
● House - Off Market

26 Mayflower Dr

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,494 Ft²
$883,089
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

A classic multi-level home in the quintessential Puritan Park neighborhood of Wenham! This remarkably well maintained home, custom built for it's sole owner, is ready to be tastefully updated. An open floor plan features an impressive cathedral ceiling living room with fireplace, an open dining area with custom built-ins and a bright and well designed older kitchen. Step down from a spacious central foyer to a comfortable family room with built-in bookcases and a slider leading out to a sun-filled three season room. Enjoy beautiful natural surroundings in a sprawling, peaceful and private back yard, boardering conservation land yet convenient to commuter rail, Routes 128 and 95. Four bedrooms, a neat laundry room and an oversized garage with custom storage complete this wonderful home!
Unit Size
2,494 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$204
Property Type
House
Property Taxes
$614
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: 4 months ago (MLSPIN #71848737)

Price History

Date / Event Date Event Price
Jan 5, 2022 Sold
Premium
Sold
Jul 30, 2015 Sold
Premium
Sold
Jun 1, 2015 Listed by J. Barrett & Company $509,000
Listed by J. Barrett & Company

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 476
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,105
  • Total Building Area: 2,565
  • Gross Building Area: 4,972
  • Building Area: 2,565
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,565
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001288
  • 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: 445
  • Parcel: WENH M:15 L:8
  • Lot: 8
  • Municipality: WENHAM
  • Latitude: 42.6036
  • Longitude: -70.9261

    Address

  • Full Address: 26 Mayflower Dr
  • Address - House Number: 26
  • Address - Street Name: Mayflower
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1217
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,234,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 904,599
  • High Value: 1,047,485
  • Low Value: 761,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,300
  • Assessed Land Value: $421,900
  • Assessed Improvements Value: $289,400

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220105003750
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 71848737

Frequently Asked Questions

When was property at 26 Mayflower Drive built and last sold?
The property at 26 Mayflower Drive was built in 1968 and last sold on Jan 5, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 26 Mayflower Drive is $534,222.
What are some comparable homes to 26 Mayflower Drive?
There are currently no comparable homes to 26 Mayflower Drive.
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