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Ipswich 01938
33 Summer St
Photo of 33 Summer St
Sold on May 30, 2008

1

Map

$380,000
● House - Off Market

33 Summer St

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,128 Ft²
$725,655
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Easy River/Boating/Water Access, Historic Neighborhood, Very Quiet and Safe Street, One of the Best In-Town Locations in Ipswich, Walk to Train, Great Schools & Restaurants, Off Street Privacy, 10+ Rooms, Wonderful Blend of 1920 & 2001 Addition Which Included New Roof, and Heating System, Single Family Old-Style Colonial, Delightful Master, Sun-Room & Home Office, Hardwood Floors, Garage, Fenced in Backyard, Move in Condition, Must See Inside To Appreciate.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$183
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1920

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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 #70716389)

Price History

Date / Event Date Event Price
May 30, 2008 Sold
Premium
Sold
Feb 23, 2008 Listed $389,000
Listed
Jun 8, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 616
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,161
  • Total Building Area: 2,077
  • Gross Building Area: 2,898
  • Building Area: 2,077
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,077
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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: 223200

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:42A B:063A L:0
  • Block: 63A
  • Municipality: IPSWICH
  • Latitude: 42.6812
  • Longitude: -70.8328

    Address

  • Full Address: 33 Summer St
  • Address - House Number: 33
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C001
  • 4-Digit Zip Code: 2230
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $726,300

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 760,151
  • High Value: 879,880
  • Low Value: 640,421

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,200
  • Assessed Land Value: $294,600
  • Assessed Improvements Value: $343,600

    Sales

  • Current Sale Recording Date: May 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 08, 1998
  • Previous Sale Amount: $129,000
  • 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 Ipswich

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$438

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1574 ft²

Average Home Age

81.4 years

Currently For Sale

18 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# 70716389

Frequently Asked Questions

When was property at 33 Summer Street built and last sold?
The property at 33 Summer Street was built in 1920 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 33 Summer Street is $415,083.
What are some comparable homes to 33 Summer Street?
There are currently no comparable homes to 33 Summer Street.
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