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Essex 01938
306 Linebrook Road
$187,000
● House - Off Market

306 Linebrook Road

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,561 Ft²
$609,347
RealtyHop Estimate
222.41%
Since Jun 1, 1999
National-US
Primary Model

About This Property

SUBJECT TO LICENSE TO SELL CENTER ENTRANCE COL. CIRCA 1740. NEEDS WORK. WELL WORTH THE EFFORT. MANY REDEEMING FEATURES INCLUDING 5 FIREPLACES, CAPTAINS STAIRWAY ON NEARLY A COUNTRY ACRE.
Unit Size
2,561 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$74
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1740

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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 years ago (MLSPIN #30263301)

Price History

Date / Event Date Event Price
May 24, 1999 Sold
Premium
Sold
Sep 29, 1998 Listed by Keller Williams Realty Evolution $189,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1740
  • Effective Year Built: 1740
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • 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: 1,788
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 3,643
  • Gross Building Area: 6,197
  • Building Area: 3,643
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,643
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • 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: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:27D B:0008 L:0
  • Block: 8
  • Municipality: IPSWICH
  • Latitude: 42.6846
  • Longitude: -70.9126

    Address

  • Full Address: 306 Linebrook Rd
  • Address - House Number: 306
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C004
  • 4-Digit Zip Code: 1117
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,209,200

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 934,910
  • High Value: 1,085,924
  • Low Value: 783,896

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,062,600
  • Assessed Land Value: $349,700
  • Assessed Improvements Value: $712,900

    Sales

  • Current Sale Recording Date: Nov 10, 2004
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 24, 1999
  • Previous Sale Amount: $187,000
  • Previous 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30263301

Frequently Asked Questions

When was property at 306 Linebrook Road built and last sold?
The property at 306 Linebrook Road was built in 1740 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 306 Linebrook Road is $0.
What are some comparable homes to 306 Linebrook Road?
There are currently no comparable homes to 306 Linebrook Road.
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