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Essex
3 Settler's Lane
$984,000
● House - Off Market

3 Settler's Lane

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,280 Ft²
$1,915,378
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Beautiful Colonial in Wenham's newest neighborhood sub-division built by well known local builders. Open flr plan offers familyrm w/ masonry fireplace, kitchen w/ Viking appliances, granite counter tops, butler's pantry & breakfast nook, study, formal diningrm, powderrm & mudrm w/ custom cubbies & a 2 car garage complete the 1st floor. Spacious mstr suite w/ over-sized tiled shower, laundryrm, an ensuite bedrm & 2 add bedrms & bath on 2nd level. Convenient to schools, train, shopping & Rt 128.
Unit Size
3,280 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

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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: 4 months ago (MLSPIN #71589160)

Price History

Date / Event Date Event Price
Jan 30, 2014 Sold
Premium
Sold
Sep 26, 2013 Listed by J. Barrett & Company $999,000
Listed by J. Barrett & Company
May 25, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,016
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,988
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,404
  • Gross Building Area: 7,386
  • Building Area: 4,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 102130
  • Parcel: WENH M:8 L:15A
  • Lot: 15A
  • Municipality: WENHAM
  • Latitude: 42.6132
  • Longitude: -70.8893

    Address

  • Full Address: 3 Settlers Ln
  • Address - House Number: 3
  • Address - Street Name: Settlers
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1464
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,405,600

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,794,406
  • High Value: 2,081,162
  • Low Value: 1,507,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,386,500
  • Assessed Land Value: $435,400
  • Assessed Improvements Value: $951,100

    Sales

  • Current Sale Recording Date: May 25, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 71589160

Frequently Asked Questions

When was property at 3 Settlers Lane built and last sold?
The property at 3 Settlers Lane was built in 2010 and last sold on Jan 1, 1970 for $965,000.
How much is this home worth?
The estimated value of the home located at 3 Settlers Lane is $1,021,051.
What are some comparable homes to 3 Settlers Lane?
There are currently no comparable homes to 3 Settlers Lane.
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