For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01938
3 Redwood Drive
$339,900
● House - Off Market

3 Redwood Drive

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,028 Ft²
$1,073,138
RealtyHop Estimate
215.72%
Since Sep 1, 1999
National-US
Primary Model

About This Property

IMMACULATE CONDITION - 3 BEDROOM COLONIAL 2.5 BATHROOMS, LARGE DECK. COMPLETELY RENOVATED
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$168
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1972

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 years ago (MLSPIN #30328251)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Windhill Realty, LLC $689,900
Listed by Windhill Realty, LLC
Aug 23, 1999 Sold
Premium
Sold
Jun 10, 1999 Listed by Windhill Realty, LLC $339,900
Listed by Windhill Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,179
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,864
  • Total Building Area: 2,063
  • Gross Building Area: 3,823
  • Building Area: 2,063
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,063
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • 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:52B B:0038 L:0
  • Block: 38
  • Municipality: IPSWICH
  • Latitude: 42.6693
  • Longitude: -70.8673

    Address

  • Full Address: 3 Redwood Dr
  • Address - House Number: 3
  • Address - Street Name: Redwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1609
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $879,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 865,807
  • High Value: 1,015,048
  • Low Value: 716,565

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $773,200
  • Assessed Land Value: $340,600
  • Assessed Improvements Value: $432,600

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210830003760
  • Previous Sale Recording Date: Aug 23, 1999
  • Previous Sale Amount: $339,900
  • 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:

$699,899

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30328251

Frequently Asked Questions

When was property at 3 Redwood Drive built and last sold?
The property at 3 Redwood Drive was built in 1972 and last sold on Aug 30, 2021 for $815,000.
How much is this home worth?
The estimated value of the home located at 3 Redwood Drive is $0.
What are some comparable homes to 3 Redwood Drive?
There are currently no comparable homes to 3 Redwood Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Ipswich Homes for Sale
Ipswich Houses for Sale
Ipswich Condos for Sale
Ipswich Townhouses for Sale
Ipswich Multifamily for Sale
Ipswich Land for Sale
Ipswich Commercial for Sale
Ipswich Homes with Basements
Nearby Cities
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Gloucester Homes for Sale
Newburyport Homes for Sale
Danvers Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Hillsborough County, NH Property Records
York County, ME Property Records
Neighborhoods
Peabody Town Center Real Estate
Tower Hill Real Estate
Salem Neck Real Estate
Prospect Hill - Back Bay Real Estate
Arlington Real Estate
Mount Vernon Real Estate
North Salem Real Estate
South Common Real Estate
Nearby Counties
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Andover Homes for Sale
North Andover Homes for Sale
Gloucester Homes for Sale
Top Real Estate Agents
Top Agents in Ipswich
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844
Top Agents in Lawrence
Top Agents in Lawrence