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Essex 01938
3 Belle St
Photo of 3 Belle St
Sold on Aug 1, 2005

1

Map

$525,000
● House - Off Market

3 Belle St

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,491 Ft²
$953,297
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

Huge price reduction!!!Owner says sell now!!Make offers!!!!Beautiful home located in newer subdivision.Open concept 1st flr w/newer kitchen,dining room w/wd flrs/bow window,cathedral cieling/skylights in family room w/french doors overlooking wonderful yard.3 bedrooms on 1st flr with 2 full baths. Lower lvl includes partially finished lv rm with tons of potential/plumbed for 1/2 bth. xtra bonus office, exercise rm on lwr lvl. 2 car attached grg,tons of drvway pkng,great level yard. Title V cert
Unit Size
2,491 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$219
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1995

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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: 5 months ago (MLSPIN #70199429)

Price History

Date / Event Date Event Price
Aug 1, 2005 Sold
Premium
Sold
May 28, 2005 Listed $545,000
Listed
Apr 4, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,548
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 2,114
  • Gross Building Area: 4,580
  • Building Area: 2,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,114
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINEBROOK ESTATES
  • Land Acres: 0000001170
  • 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:27D B:025C L:0
  • Block: 25C
  • Municipality: IPSWICH
  • Latitude: 42.687
  • Longitude: -70.9068

    Address

  • Full Address: 3 Belle St
  • Address - House Number: 3
  • Address - Street Name: Belle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C004
  • 4-Digit Zip Code: 1169
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $803,300

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 832,911
  • High Value: 963,317
  • Low Value: 702,506

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $705,900
  • Assessed Land Value: $351,100
  • Assessed Improvements Value: $354,800

    Sales

  • Current Sale Recording Date: Aug 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 04, 1995
  • Previous Sale Amount: $50,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70199429

Frequently Asked Questions

When was property at 3 Belle Street built and last sold?
The property at 3 Belle Street was built in 1995 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 3 Belle Street is $572,669.
What are some comparable homes to 3 Belle Street?
There are currently no comparable homes to 3 Belle Street.
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