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Essex 01921
285 Main St.
$520,000
● House - Off Market

285 Main St.

Boxford, MA 01921
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$476,593
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

This wonderful homestead is ready for a new owner to finish many projects or just start again. The home is in need of major rehab, but the almost 7 acres is spectacular... a pond, 2 paddocks, with barn and garage. It truly is an escape from our normal suburbia. All this bordering 200 acres of conservation land and many horse trails. This is a wonderful opportunity please visit the open house on Saturday... offers if any will be reviewed on Monday at 5 PM.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
6.86 acres
Price per sqft
$257
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1779

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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: 5 months ago (MLSPIN #73095248)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
Apr 12, 2023 In contract -
In contract
Apr 5, 2023 Listed by Stone Ridge Properties, Inc. $475,000
Listed by Stone Ridge Properties, Inc.
Oct 19, 1999 Sold
Premium
Sold
Jun 5, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1779
  • Effective Year Built: 1779
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 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: 298,822
  • Total Building Area: 1,850
  • Gross Building Area: 3,796
  • Building Area: 1,850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,850
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENDICOTT ST
  • Land Acres: 0000006860
  • 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
  • Block: 1
  • Lot: 12
  • Municipality: BOXFORD
  • Latitude: 42.6792
  • Longitude: -71.039

    Address

  • Full Address: 285 Main St
  • Address - House Number: 285
  • 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: $890,100

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 484,389
  • High Value: 523,096
  • Low Value: 445,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $682,100
  • Assessed Land Value: $429,400
  • Assessed Improvements Value: $252,700

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230623002930
  • Previous Sale Recording Date: Oct 19, 1999
  • Previous Sale Amount: $280,000
  • 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:

$699,000

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73095248

Frequently Asked Questions

When was property at 285 Main Street built and last sold?
The property at 285 Main Street was built in 1779 and last sold on Jun 23, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 285 Main Street is $497,816.
What are some comparable homes to 285 Main Street?
There are currently no comparable homes to 285 Main Street.
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