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Essex 01951
27 Pine Island Road
Photo of 27 Pine Island Road
Sold on Nov 16, 2004

1

Map

$335,000
● House - Off Market

27 Pine Island Road

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$675,497
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

On the way to the River! Wonderful light filled home with open floor plan located on desireable street. Recent improvements include kitchen with newer appliances, sunroom and bath. Walkout lower level with family room, garage, and workshop.  Title 5 certified.  GREAT CONDO ALTERNATIVE!!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$246
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1969

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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: 6 months ago (MLSPIN #70042220)

Price History

Date / Event Date Event Price
Nov 16, 2004 Sold
Premium
Sold
May 31, 2004 Listed $345,000
Listed
Jan 31, 2000 Sold
Premium
Sold
Oct 28, 1999 Listed $189,900
Listed
NICELY LOCATED 3 BEDROOM HOME ON QUIET STREET. MANY RECENT UPDATES. GREAT DECK FOR ENTERTAINING. SPACIOUS OPEN KITCHEN, DINING, AND LIVING AREA.
Jul 29, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,893
  • Total Building Area: 1,296
  • Gross Building Area: 2,168
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWBURY
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R32 B:0000 L:00028
  • Lot: 28
  • Municipality: NEWBURY
  • Latitude: 42.7801
  • Longitude: -70.8386

    Address

  • Full Address: 27 Pine Island Rd
  • Address - House Number: 27
  • Address - Street Name: Pine Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 1804
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,700

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 722,521
  • High Value: 833,416
  • Low Value: 611,626

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,500
  • Assessed Land Value: $316,100
  • Assessed Improvements Value: $286,400

    Sales

  • Current Sale Recording Date: Nov 16, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 29, 1994
  • Previous Sale Amount: $130,000
  • 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

2466 ft²

Average Home Age

72.4 years

Currently For Sale

1380 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 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70042220

Frequently Asked Questions

When was property at 27 Pine Island Road built and last sold?
The property at 27 Pine Island Road was built in 1969 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 27 Pine Island Road is $359,883.
What are some comparable homes to 27 Pine Island Road?
There are currently no comparable homes to 27 Pine Island Road.
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