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Ipswich 01938
3 Town Farm Rd
$320,000
● House - Off Market

3 Town Farm Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,756 Ft²
$556,529
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Solid Cape with three bedrooms and two full baths. Open plan layout between kitchen, dining room and family room.  HW floors in front-to-back living room, foyer, dining room, and bedrooms. Large flat yard.  Walking distance to schools and shops. Tremendous value and an opportunity to add value as you upgrade over time. Sweat equity gem!  Shown by appointment now. The Sellers will review offers after the Open House on Sunday August 10, from 12:00-2:00. Please anticipate at least 48 hours for response, due to time zone differences.
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$170
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #71724870)

Price History

Date / Event Date Event Price
May 5, 2017 Sold
Premium
Sold
Sep 12, 2014 Sold
Premium
Sold
Aug 6, 2014 Listed by Windhill Realty, LLC $299,000
Listed by Windhill Realty, LLC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,741
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,709
  • Total Building Area: 2,681
  • Gross Building Area: 5,085
  • Building Area: 2,681
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,681
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000269
  • 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: RRA

Geography

  • Parcel: IPSW M:30D B:0004 L:0
  • Block: 4
  • Municipality: IPSWICH
  • Latitude: 42.6872
  • Longitude: -70.8453

    Address

  • Full Address: 3 Town Farm Rd
  • Address - House Number: 3
  • Address - Street Name: Town Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1378
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $802,100

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 804,699
  • High Value: 927,138
  • Low Value: 682,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,800
  • Assessed Land Value: $323,000
  • Assessed Improvements Value: $381,800

    Sales

  • Current Sale Recording Date: May 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 394
  • Previous Sale Recording Date: Sep 12, 2014
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: O
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:

$669,000

Sale Price/ft²

$442

Below Asking

0.03%

Average Days on Market

54

Average Home Size

1472 ft²

Average Home Age

53.2 years

Currently For Sale

13 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: 6 months ago
Data Source: MLS PIN, MLS# 71724870

Frequently Asked Questions

When was property at 3 Town Farm Road built and last sold?
The property at 3 Town Farm Road was built in 1960 and last sold on Jan 1, 1970 for $394,000.
How much is this home worth?
The estimated value of the home located at 3 Town Farm Road is $333,408.
What are some comparable homes to 3 Town Farm Road?
There are currently no comparable homes to 3 Town Farm Road.
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