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Essex
32 Mayflower Drive
Photo of 32 Mayflower Drive
Sold on Aug 2, 2007

1

Map

$518,000
● House - Off Market

32 Mayflower Drive

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,470 Ft²
$1,027,413
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Priced below accessed value! A lot of house and land for the price! Eat-in kitchen, HUGE cathedral ceilings family room! with a wall of glass and fireplace, separate formal dining room, finished basement with fireplace ,office and a large deck off the back for entertaining. Hardwood Floors. Very comfortable home  with lots of space. Private yard with woods behind and no traffic! You'll love the neighborhood! Lots of house for the money and quiet neighborhood.
Unit Size
2,470 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$222
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1971

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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 months ago (MLSPIN #70534597)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed $739,000
Listed
Aug 6, 2007 Sold
Premium
Sold
Mar 5, 2007 Listed $547,900
Listed
Dec 17, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 2,440
  • Gross Building Area: 4,008
  • Building Area: 2,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,440
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 442
  • Parcel: WENH M:15 L:5
  • Lot: 5
  • Municipality: WENHAM
  • Latitude: 42.6023
  • Longitude: -70.9246

    Address

  • Full Address: 32 Mayflower Dr
  • Address - House Number: 32
  • Address - Street Name: Mayflower
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1217
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,138,300

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 836,130
  • High Value: 976,879
  • Low Value: 695,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,100
  • Assessed Land Value: $415,900
  • Assessed Improvements Value: $240,200

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210907003410
  • Previous Sale Recording Date: Aug 06, 2007
  • Previous Sale Amount: $518,000
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 70534597

Frequently Asked Questions

When was property at 32 Mayflower Drive built and last sold?
The property at 32 Mayflower Drive was built in 1971 and last sold on Sep 7, 2021 for $715,000.
How much is this home worth?
The estimated value of the home located at 32 Mayflower Drive is $771,447.
What are some comparable homes to 32 Mayflower Drive?
There are currently no comparable homes to 32 Mayflower Drive.
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