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Essex 01938
31 Meadowview Lane
$751,000
● House - Off Market

31 Meadowview Lane

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,743 Ft²
$902,785
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Great NEW PRICE for this Meadowview Farm Home!  First floor has laundry, eat in kitchen, family room, dining room, living room with fireplace that opens to beautiful heated sunroom. Second floor has 3 bedrooms and 3 full baths and bonus space for office or nursery. Exterior space includes farmer's porch rooftop deck off master and back patio space. Spacious dry basement and 2 bay garage. Many originals in flooring, kitchen and baths, gives you the opportunity to update with your own personal choices. Investing in these will be well worth it. Annual HOA fee covers maintenance of walking/bike paths.
Unit Size
2,743 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$277
Property Type
House
Property Taxes
$702
HOA Dues
$275
Year Built
1990

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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 #72811382)

Price History

Date / Event Date Event Price
May 21, 2021 Sold
Premium
Sold
Apr 8, 2021 Listed by Oaklawn Real Estate $759,000
Listed by Oaklawn Real Estate
Jul 15, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,264
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,499
  • Total Building Area: 2,824
  • Gross Building Area: 4,661
  • Building Area: 2,824
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH
  • Land Acres: 0000000517
  • 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:63A B:0027 L:0
  • Block: 27
  • Municipality: IPSWICH
  • Latitude: 42.6597
  • Longitude: -70.8351

    Address

  • Full Address: 31 Meadowview Ln
  • Address - House Number: 31
  • Address - Street Name: Meadowview
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R004
  • 4-Digit Zip Code: 2579
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $929,300

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 837,425
  • High Value: 968,537
  • Low Value: 706,313

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $816,600
  • Assessed Land Value: $372,400
  • Assessed Improvements Value: $444,200

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210521004900
  • Previous Sale Recording Date: Dec 12, 2017
  • 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

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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72811382

Frequently Asked Questions

When was property at 31 Meadowview Lane built and last sold?
The property at 31 Meadowview Lane was built in 1990 and last sold on May 21, 2021 for $751,000.
How much is this home worth?
The estimated value of the home located at 31 Meadowview Lane is $0.
What are some comparable homes to 31 Meadowview Lane?
There are currently no comparable homes to 31 Meadowview Lane.
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