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Essex 01951
3 Maple Terrace
Photo of 3 Maple Terrace
Sold on Aug 5, 2005

1

Map

$320,000
● House - Off Market

3 Maple Terrace

Newbury, MA 01951
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$612,034
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

Outstanding location!  Close to elementary school, town center and the beach. Ranch style home totally rehabed 1 yr. ago. Hardwood throughout. All appliances and washer/dryer stay
Unit Size
960 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$364
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #70171131)

Price History

Date / Event Date Event Price
Aug 5, 2005 Sold
Premium
Sold
Apr 8, 2005 Listed $349,900
Listed
Nov 18, 2003 Sold
Premium
Sold
Jul 10, 2003 Listed $289,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,489
  • Total Building Area: 1,740
  • Gross Building Area: 3,240
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 326
  • Land Acres: 0000000241
  • 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:0U08 B:0000 L:00013
  • Lot: 13
  • Municipality: NEWBURY
  • Latitude: 42.7918
  • Longitude: -70.87

    Address

  • Full Address: 3 Maple Ter
  • Address - House Number: 3
  • Address - Street Name: Maple
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Newbury
  • Carrier Code: C023
  • 4-Digit Zip Code: 1108
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,700

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 758,915
  • High Value: 875,395
  • Low Value: 642,434

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $635,000
  • Assessed Land Value: $264,700
  • Assessed Improvements Value: $370,300

    Sales

  • Current Sale Recording Date: Aug 05, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 18, 2003
  • Previous Sale Amount: $265,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Unit for rent at 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70171131

Frequently Asked Questions

When was property at 3 Maple Terrace built and last sold?
The property at 3 Maple Terrace was built in 1960 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 3 Maple Terrace is $352,612.
What are some comparable homes to 3 Maple Terrace?
There are currently no comparable homes to 3 Maple Terrace.
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