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Essex 01938
290 High Street
$220,000
● House - Off Market

290 High Street

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,204 Ft²
$833,061
RealtyHop Estimate
263.78%
Since Jun 1, 1997
National-US
Primary Model

About This Property

WONDERFUL ANTQ W/3 WORKING FIRPLACES, WIDE PINE FLOORS, WRAP AROUND SCREENED PORCH, LARGE KITCHEN W/CATHEDRAL CEILINGS. LARGE ROOMS, INDIAN SHUTTERS, LARGE CLOSETS, AND FABULOUS 2 CAR GARAGE OF STONE.  BEAUTIFULLY TREED YARD, ON RESERVOIR.
Unit Size
2,204 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$104
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1812

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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 years ago (MLSPIN #30155830)

Price History

Date / Event Date Event Price
Mar 14, 2002 Sold
Premium
Sold
Oct 9, 2001 Listed $399,000
Listed
May 29, 1997 Sold
Premium
Sold
Mar 26, 1997 Listed $229,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1812
  • Effective Year Built: 1812
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,264
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 2,204
  • Gross Building Area: 4,708
  • Building Area: 2,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,204
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:20A B:012A L:0
  • Block: 12A
  • Municipality: IPSWICH
  • Latitude: 42.6999
  • Longitude: -70.8736

    Address

  • Full Address: 290 High St
  • Address - House Number: 290
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1251
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $883,000

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 780,270
  • High Value: 933,655
  • Low Value: 626,884

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $775,900
  • Assessed Land Value: $382,300
  • Assessed Improvements Value: $393,600

    Sales

  • Current Sale Recording Date: Mar 14, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 29, 1997
  • Previous Sale Amount: $220,000
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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 years ago
Data Source: MLS PIN, MLS# 30155830

Frequently Asked Questions

When was property at 290 High Street built and last sold?
The property at 290 High Street was built in 1812 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 290 High Street is $421,024.
What are some comparable homes to 290 High Street?
There are currently no comparable homes to 290 High Street.
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