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Essex 01951
3 Bayview Lane
Photo of 3 Bayview Lane
Sold on Aug 16, 2010

1

Map

$415,000
● House - Off Market

3 Bayview Lane

Newbury, MA 01951
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,621 Ft²
$913,040
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

Charming, well maintained and upgraded cape on deadend street. Fireplaced living/dining room; family room with cathedral ceiling and skylights opens to large screened porch and private back yard. Master w/skylights; new windows; attached 2 car garage. Beautiful home set on well landscaped gorunds in attractive country setting of Old Town, yet minutes from historic Newburyport.  *1st showings at open house Sun May 23rd 12-2.
Unit Size
1,621 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$262
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1955

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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: 2 years ago (MLSPIN #71083208)

Price History

Date / Event Date Event Price
Aug 16, 2010 Sold
Premium
Sold
May 19, 2010 Listed $425,000
Listed
Mar 29, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 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: 7
  • Basement Area: 851
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,503
  • Total Building Area: 1,849
  • Gross Building Area: 3,393
  • Building Area: 1,849
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,849
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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:0R27 B:0000 L:00037
  • Lot: 37
  • Municipality: NEWBURY
  • Latitude: 42.775
  • Longitude: -70.8387

    Address

  • Full Address: 3 Bayview Ln
  • Address - House Number: 3
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 2302
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,900

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 855,328
  • High Value: 986,376
  • Low Value: 724,281

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $722,500
  • Assessed Land Value: $292,400
  • Assessed Improvements Value: $430,100

    Sales

  • Current Sale Recording Date: Aug 16, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 29, 1996
  • Previous Sale Amount: $173,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71083208

Frequently Asked Questions

When was property at 3 Bayview Lane built and last sold?
The property at 3 Bayview Lane was built in 1955 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 3 Bayview Lane is $0.
What are some comparable homes to 3 Bayview Lane?
There are currently no comparable homes to 3 Bayview Lane.
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