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Essex 01938
3 Newbury Road
Photo of 3 Newbury Road
Sold on Jan 28, 2005

1

Map

$884,500
● House - Off Market

3 Newbury Road

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,900 Ft²
$1,725,838
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

Foster-Hills House. Combine the ambiance of yesterday with the modern conveniences of today. Wonderful example of an 18th century Cape Cod house. 7 fireplaces, wide pine floors, paneling and marvelous details throughout. Large barn and shoemaker's shop with electricity & water. 3.22 acres with rolling field. Large circular patio overlooking pond. Horse property potential. Professionally landscaped.  Meticulously maintained.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
3.22 acres
Price per sqft
$310
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1787

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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: 5 months ago (MLSPIN #70084179)

Price History

Date / Event Date Event Price
Jan 28, 2005 Sold
Premium
Sold
Sep 1, 2004 Listed $899,500
Listed

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1787
  • Effective Year Built: 1787
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • 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: 490
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 140,263
  • Total Building Area: 2,900
  • Gross Building Area: 4,740
  • Building Area: 2,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003220
  • 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:37D B:0016 L:0
  • Block: 16
  • Municipality: IPSWICH
  • Latitude: 42.677
  • Longitude: -70.9366

    Address

  • Full Address: 3 Newbury Rd
  • Address - House Number: 3
  • Address - Street Name: Newbury
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1015
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,311,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,296,491
  • High Value: 1,500,465
  • Low Value: 1,092,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,152,300
  • Assessed Land Value: $381,800
  • Assessed Improvements Value: $770,500

    Sales

  • Current Sale Recording Date: Jan 28, 2005
  • 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

2523 ft²

Average Home Age

72.3 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

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Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70084179

Frequently Asked Questions

When was property at 3 Newbury Road built and last sold?
The property at 3 Newbury Road was built in 1787 and last sold on Jan 1, 1970 for $884,500.
How much is this home worth?
The estimated value of the home located at 3 Newbury Road is $918,223.
What are some comparable homes to 3 Newbury Road?
There are currently no comparable homes to 3 Newbury Road.
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