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Essex 01969
261 Dodge Road
Photo of 261 Dodge Road
Sold on Mar 3, 2005

1

Map

$655,000
● House - Off Market

261 Dodge Road

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,064 Ft²
$1,246,401
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

DON'T KNOW WHAT TO GET THAT SPECIAL SOMEONE FOR THE HOLIDAYS?  WE'LL GIFTWRAP!  OVER 3000 SQ FT OF MUST SEE LIV SPACE.  A TRULY GREAT ROOM W/CATHEDRAL CEILING, HANDSOME BRICK FP, FRENCH DOOR TO DECK.  ROOMY KITCHEN W/EI DINING & AMPLE CABINETS OPENS TO FORMAL DIN ROOM.  SPACIOUS 2ND FLOOR.  A LARGE LOFTED MASTER LEADS TO FABULOUS NEW MEDIA ROOM W/CUSTOM BUILT-INS.  MANY UPGRADES INCLUDE CROWN MOLDING & WAINSCOT. SPECTACULAR PROFESSIONAL LANDSCAPE
Unit Size
3,064 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$219
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1993

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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 #70117035)

Price History

Date / Event Date Event Price
Feb 11, 2005 Sold
Premium
Sold
Nov 13, 2004 Listed $670,000
Listed
Jan 14, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 11
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,440
  • Total Building Area: 2,867
  • Gross Building Area: 5,483
  • Building Area: 2,867
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,867
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001135
  • 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:0003 L:0002
  • Block: 3
  • Lot: 2
  • Municipality: ROWLEY
  • Latitude: 42.7196
  • Longitude: -70.9338

    Address

  • Full Address: 261 Dodge Rd
  • Address - House Number: 261
  • Address - Street Name: Dodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R001
  • 4-Digit Zip Code: 2207
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,032,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,025,970
  • High Value: 1,199,384
  • Low Value: 852,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $853,300
  • Assessed Land Value: $277,100
  • Assessed Improvements Value: $576,200

    Sales

  • Current Sale Recording Date: Feb 11, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 14, 1994
  • Previous Sale Amount: $256,650
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70117035

Frequently Asked Questions

When was property at 261 Dodge Road built and last sold?
The property at 261 Dodge Road was built in 1993 and last sold on Jan 1, 1970 for $655,000.
How much is this home worth?
The estimated value of the home located at 261 Dodge Road is $700,980.
What are some comparable homes to 261 Dodge Road?
There are currently no comparable homes to 261 Dodge Road.
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