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Essex 01938
325 Linebrook Road
$485,000
● House - Off Market

325 Linebrook Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,203 Ft²
$753,476
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Great opportunity to own land in Ipswich! With just under 13 acres, this property is ideal for many great activities. Ranch home consists of 3 BR, 1 3/4 BA, 2-car attached garage connected to the house by a jalousie-windowed porch. Just over 2200 square feet of living space. Basement was once used as in-law apartment. Would make a great family/game room. This property is being sold AS IS.
Unit Size
2,203 Ft²
Days on Market
-
Land Size
12.99 acres
Price per sqft
$216
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1957

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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 #72227425)

Price History

Date / Event Date Event Price
Nov 1, 2017 Sold
Premium
Sold
Aug 10, 2017 Listed by J. Barrett & Company $475,000
Listed by J. Barrett & Company
Feb 10, 2010 Sold
Premium
Sold
Mar 16, 2009 Listed by J. Barrett & Company $420,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,259
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 565,844
  • Total Building Area: 2,203
  • Gross Building Area: 3,326
  • Building Area: 2,203
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,203
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000012990
  • 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:0022 L:0
  • Block: 22
  • Municipality: IPSWICH
  • Latitude: 42.6852
  • Longitude: -70.9125

    Address

  • Full Address: 325 Linebrook Rd
  • Address - House Number: 325
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C004
  • 4-Digit Zip Code: 1146
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $740,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 744,002
  • High Value: 861,189
  • Low Value: 626,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $650,900
  • Assessed Land Value: $442,200
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Recording Date: Nov 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171101001460
  • Previous Sale Recording Date: Feb 10, 2010
  • Previous Sale Amount: $385,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72227425

Frequently Asked Questions

When was property at 325 Linebrook Road built and last sold?
The property at 325 Linebrook Road was built in 1957 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 325 Linebrook Road is $498,110.
What are some comparable homes to 325 Linebrook Road?
There are currently no comparable homes to 325 Linebrook Road.
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