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Essex 01969
31 Weldon Farm Road
$585,000
● House - Off Market

31 Weldon Farm Road

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$1,161,807
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Spectacular views abound from this custom contemporary nestled atop a hill in a private setting. Secluded yet included in a subdivision. Huge yard, spacious decks, cathedral ceilings, custom windows, and 2 central air cooling zones. The septic system is designed for 4 bedrooms.  Come listen to the birds sing.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$210
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
2000

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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: 5 months ago (MLSPIN #70054557)

Price History

Date / Event Date Event Price
Oct 4, 2004 Sold
Premium
Sold
Jun 22, 2004 Listed by Coldwell Banker Residential Brokerage - Newburyport $589,000
Listed by Coldwell Banker Residential Brokerage - Newburyport
Apr 13, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 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: 58,440
  • Total Building Area: 2,900
  • Gross Building Area: 5,616
  • Building Area: 2,900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,900
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001342
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0020 B:0003 L:0023
  • Block: 3
  • Lot: 23
  • Municipality: ROWLEY
  • Latitude: 42.7311
  • Longitude: -70.9129

    Address

  • Full Address: 31 Weldon Farm Rd
  • Address - House Number: 31
  • Address - Street Name: Weldon Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1644
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,125,400

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,017,407
  • High Value: 1,192,548
  • Low Value: 842,267

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $930,100
  • Assessed Land Value: $315,600
  • Assessed Improvements Value: $614,500

    Sales

  • Current Sale Recording Date: Oct 04, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 13, 1999
  • Previous Sale Amount: $135,000
  • 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70054557

Frequently Asked Questions

When was property at 31 Weldon Farm Road built and last sold?
The property at 31 Weldon Farm Road was built in 2000 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 31 Weldon Farm Road is $622,490.
What are some comparable homes to 31 Weldon Farm Road?
There are currently no comparable homes to 31 Weldon Farm Road.
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