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Essex 01938
3 Stage Hill Road
$400,000
● House - Off Market

3 Stage Hill Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,089 Ft²
$739,732
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Wonderful opportunity to live in IPSWICH in an EXCELLENT LOCATION on GREAT NECK near the OCEAN at PAVILLION BEACH. Very fine  VIEWS over Pavillion Beach, to LITTLE NECK, PLUM ISLAND, IPSWICH BAY and Beyond. Large, Open Floor plan of Main rooms from front to back. Year round SUNROOM on right side of home. Roomy kitchen with new windows at kitchen sink area providing excellent views of Plum Island, Pavillion Beach, Steep Hill Beach and Little Neck. Large eat in area with access to deck overlooking back yard and expansive ocean view.   Nice level parcel of land.  Full Basement with interior access.  Large finished area in basement not included in square feet of living space.  Washer/dryer hook ups.
Unit Size
1,089 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$390
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1945

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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 #71895831)

Price History

Date / Event Date Event Price
Mar 3, 2016 Sold
Premium
Sold
Aug 27, 2015 Listed by Windhill Realty, LLC $425,000
Listed by Windhill Realty, LLC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,835
  • Total Building Area: 1,635
  • Gross Building Area: 2,587
  • Building Area: 1,635
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,635
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • 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: 223100

Zoning

  • Zoning: RRB

Geography

  • Parcel: IPSW M:24A B:0007 L:0
  • Block: 7
  • Municipality: IPSWICH
  • Latitude: 42.6986
  • Longitude: -70.7952

    Address

  • Full Address: 3 Stage Hill Rd
  • Address - House Number: 3
  • Address - Street Name: Stage Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1511
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1496
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 668,136
  • High Value: 768,097
  • Low Value: 568,175

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,500
  • Assessed Land Value: $423,000
  • Assessed Improvements Value: $279,500

    Sales

  • Current Sale Recording Date: Mar 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 332
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# 71895831

Frequently Asked Questions

When was property at 3 Stagehill Road built and last sold?
The property at 3 Stagehill Road was built in 1945 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 3 Stagehill Road is $428,675.
What are some comparable homes to 3 Stagehill Road?
There are currently no comparable homes to 3 Stagehill Road.
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