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Essex 01938
30 Ocean Dr
$380,000
● House - Off Market

30 Ocean Dr

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,298 Ft²
$452,994
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Delightful home located at the end of a dead-end street.  Outstanding setting surrounded by 100+ acres of conservation land and manicured hiking trails.  Wonderful neighborhood. Very quiet and peaceful. No traffic! Beaches are close. Nature abounds! Incredible sunset views of the water from the living room and the marsh going out towards the neck.  3 Bedrooms with hardwood floors throughout. Sunny rooms. Location, Location, Location!  Being SOLD AS-IS. It is a bit of a fixer-upper and perfect for the right homeowner. Septic is the buyer's responsibility and they should do their own due diligence.  Showings by Appt, please email or text agent.
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$339
Property Type
House
Property Taxes
$351
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: 4 months ago (MLSPIN #72886447)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
Aug 25, 2021 Listed by Cameron Prestige, LLC $439,900
Listed by Cameron Prestige, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 5,889
  • Total Building Area: 1,298
  • Gross Building Area: 1,746
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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:22D B:0065 L:0
  • Block: 65
  • Municipality: IPSWICH
  • Latitude: 42.6978
  • Longitude: -70.825

    Address

  • Full Address: 30 Ocean Dr
  • Address - House Number: 30
  • Address - Street Name: Ocean
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1466
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $430,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 455,916
  • High Value: 537,470
  • Low Value: 374,362

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $377,900
  • Assessed Land Value: $290,300
  • Assessed Improvements Value: $87,600

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220330005320
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 72886447

Frequently Asked Questions

When was property at 30 Ocean Drive built and last sold?
The property at 30 Ocean Drive was built in 1960 and last sold on Mar 30, 2022 for $380,000.
How much is this home worth?
The estimated value of the home located at 30 Ocean Drive is $444,278.
What are some comparable homes to 30 Ocean Drive?
There are currently no comparable homes to 30 Ocean Drive.
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