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Ipswich 01938
3 River Ct
Photo of 3 River Ct
Sold on Feb 22, 2005

1

Map

$336,675
● House - Off Market

3 River Ct

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,656 Ft²
$658,791
RealtyHop Estimate
88.77%
Since Mar 1, 2005
National-US
Primary Model

About This Property

Wonderful starter home! Meticulously maintained 2+ bedroom colonial with 2 bonus rooms on the 3rd floor.  Walk to park, town and train!  Plenty of space in this 1650+ sq ft. house with room for expansion. First floor laundry room, red oak hardwood floors and a 3 season porch. This house has been well taken care of - all new within the last five years: roof,gutters, furnace, oil tank, windows, hot water tank.  Come take a look!
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$211
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1900

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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 #70096343)

Price History

Date / Event Date Event Price
Feb 22, 2005 Sold
Premium
Sold
Sep 25, 2004 Listed $349,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 672
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,699
  • Total Building Area: 1,656
  • Gross Building Area: 2,952
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000039
  • 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: 223200

Zoning

  • Zoning: 1R

Geography

  • Parcel: IPSW M:42C B:0010 L:0
  • Block: 10
  • Municipality: IPSWICH
  • Latitude: 42.6761
  • Longitude: -70.8391

    Address

  • Full Address: 3 River Ct
  • Address - House Number: 3
  • Address - Street Name: River
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C003
  • 4-Digit Zip Code: 2125
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $442,500

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 498,718
  • High Value: 580,401
  • Low Value: 417,035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $388,800
  • Assessed Land Value: $129,200
  • Assessed Improvements Value: $259,600

    Sales

  • Current Sale Recording Date: Feb 22, 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 Ipswich

Stats & Trends

Median Asking:

$684,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1733 ft²

Average Home Age

79.1 years

Currently For Sale

17 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: 5 months ago
Data Source: MLS PIN, MLS# 70096343

Frequently Asked Questions

When was property at 3 River Court built and last sold?
The property at 3 River Court was built in 1900 and last sold on Jan 1, 1970 for $336,675.
How much is this home worth?
The estimated value of the home located at 3 River Court is $369,131.
What are some comparable homes to 3 River Court?
There are currently no comparable homes to 3 River Court.
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