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Essex 01938
340 Linebrook Rd
$410,000
● House - Off Market

340 Linebrook Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,088 Ft²
$776,591
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Private and Spacious Split Level Home situated on over an Acre lot abutting conservation land.  This home features many updates including Newly Finished Hardwood Floors, Fully Updated Bathroom,  Freshly Painted Interior, Granite Counter Tops, and a Newer Roof.  There are 3 Spacious Bedrooms, 2 Full Baths, and a Huge Second Living Area.  The Basement Level could be Used as a 4th Bedroom or Potential In Law/Teen Suite.   Come take advantage of this premier North Shore community which is Located just minutes from Cranes Beach, Bradley Palmer State Park, biking, kayaking, hiking and award winning schools. Ipswich also offers easy access to highways and the commuter rail is conveniently located downtown.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$220
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1970

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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: 6 months ago (MLSPIN #72034631)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Jul 7, 2016 Listed by North Shore Realty Pros $460,000
Listed by North Shore Realty Pros
Feb 23, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,347
  • Total Building Area: 2,088
  • Gross Building Area: 2,832
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002120
  • 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:27C B:006D L:0
  • Block: 6D
  • Municipality: IPSWICH
  • Latitude: 42.685
  • Longitude: -70.9223

    Address

  • Full Address: 340 Linebrook Rd
  • Address - House Number: 340
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1056
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,700

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 678,809
  • High Value: 785,727
  • Low Value: 571,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,900
  • Assessed Land Value: $356,900
  • Assessed Improvements Value: $221,000

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 565
  • Previous Sale Recording Date: Feb 23, 1995
  • Previous Sale Amount: $185,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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: 6 months ago
Data Source: MLS PIN, MLS# 72034631

Frequently Asked Questions

When was property at 340 Linebrook Road built and last sold?
The property at 340 Linebrook Road was built in 1970 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 340 Linebrook Road is $480,911.
What are some comparable homes to 340 Linebrook Road?
There are currently no comparable homes to 340 Linebrook Road.
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