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Essex 01969
260 Dodge Road
$827,000
● House - Off Market

260 Dodge Road

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$720,478
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Peaceful setting on Lower Middle Pond. Cape style home on .92 acres. Open design kitchen and family room with a wood burning fireplace and a picture window that looks out towards the back yard and pond. The kitchen has granite counters, dining space, an island and glass slider that lead out to the deck and screened porch. There's a half bath and tiled floor at the mud room entrance and access to the attached two-car garage. There are 3 bedrooms and 2.5 bathrooms. The ensuite primary bedroom has a windowed dressing room with a closet. Ductless air conditioning. Easy access to Routes 133, Route 1 and I95.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$414
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1988

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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 #73137909)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Jul 30, 2023 In contract -
In contract
Jul 18, 2023 Listed by Coldwell Banker Realty - Beverly $725,000
Listed by Coldwell Banker Realty - Beverly
Jun 28, 2019 Sold
Premium
Sold
Apr 9, 2019 Listed by Coldwell Banker Realty - Beverly $549,000
Listed by Coldwell Banker Realty - Beverly
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 9
  • Basement Area: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,000
  • Total Building Area: 1,750
  • Gross Building Area: 3,740
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0010 B:0005A L:0002
  • Block: 5A
  • Lot: 2
  • Municipality: ROWLEY
  • Latitude: 42.7193
  • Longitude: -70.9359

    Address

  • Full Address: 260 Dodge Rd
  • Address - House Number: 260
  • Address - Street Name: Dodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R001
  • 4-Digit Zip Code: 2210
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $777,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 782,821
  • High Value: 904,936
  • Low Value: 660,705

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $642,300
  • Assessed Land Value: $266,800
  • Assessed Improvements Value: $375,500

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230929004810
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 11, 2019
  • Previous Sale Amount: $579,000
  • Previous Sale Document Type: O
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 73137909

Frequently Asked Questions

When was property at 260 Dodge Road built and last sold?
The property at 260 Dodge Road was built in 1988 and last sold on Sep 25, 2023 for $827,000.
How much is this home worth?
The estimated value of the home located at 260 Dodge Road is $723,343.
What are some comparable homes to 260 Dodge Road?
There are currently no comparable homes to 260 Dodge Road.
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