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Essex
3 Great Pond Road
Photo of 3 Great Pond Road
Sold on Dec 3, 2009

1

Map

$488,000
● House - Off Market

3 Great Pond Road

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,006 Ft²
$1,044,081
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

Don't miss this great 4-bedroom, 2-bath Cape set on a huge level corner lot. Eat-in kitchen and a formal dining room! Fireplaced living room with beautiful built in bookcase. Hardwood floors.  Roof less than 10 yrs old.  Replacement windows. Sunroom sliders open out to deck & large level back yard. Attached 2-car garage offers plenty of storage in loft.  Enjoy this quiet Wenham neighborhood with the convenient proximity to North Beverly train, stores & Rte. 128.
Unit Size
2,006 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$249
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1965

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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 #70972768)

Price History

Date / Event Date Event Price
Dec 3, 2009 Sold
Premium
Sold
Sep 10, 2009 Listed $499,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,501
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 2,257
  • Gross Building Area: 4,650
  • Building Area: 2,257
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,257
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREAT POND ROAD
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 1288
  • Parcel: WENH M:37 L:13
  • Lot: 13
  • Municipality: WENHAM
  • Latitude: 42.5924
  • Longitude: -70.8835

    Address

  • Full Address: 3 Great Pond Rd
  • Address - House Number: 3
  • Address - Street Name: Great Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1544
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,381,200

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,034,118
  • High Value: 1,228,651
  • Low Value: 839,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $796,100
  • Assessed Land Value: $536,600
  • Assessed Improvements Value: $259,500

    Sales

  • Current Sale Recording Date: Dec 03, 2009
  • Current Sale Price:
    Premium
  • Current 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

2527 ft²

Average Home Age

71.9 years

Currently For Sale

1487 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# 70972768

Frequently Asked Questions

When was property at 3 Great Pond Road built and last sold?
The property at 3 Great Pond Road was built in 1965 and last sold on Jan 1, 1970 for $488,000.
How much is this home worth?
The estimated value of the home located at 3 Great Pond Road is $517,019.
What are some comparable homes to 3 Great Pond Road?
There are currently no comparable homes to 3 Great Pond Road.
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