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Essex 01938
356 Linebrook Rd.
Photo of 356 Linebrook Rd.
Sold on Sep 18, 2025

36

Map

Photo of 356 Linebrook Rd.
Photo of 356 Linebrook Rd.
$780,000
● House - Off Market

356 Linebrook Rd.

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,002 Ft²
$4,997
Est. Monthly
5.19%
Cap Rate

About This Property

Bring back the shine to this diamond in the rough. This hip roof Colonial-style home offers 4 bedrooms, 2.5 baths, and sits on a picturesque 5.36-acre lot. The home has hardwood floors though out, a living room with a fireplace, and a kitchen and breakfast nook with access to the deck.  A two-car garage and nearby access to walking trails provide both convenience and scenic beauty. This property cannot be mortgaged conventionally, repairing a failed septic system will be the responsibility of the Buyer(s). Subject to the approval and getting a license to sell from the Essex County Probate and Family Court. Seller has not lived on the property. Seller and Broker make no disclosures implied or otherwise. Buyer(s) and or Buyer's agent to do their own due diligence. Including information in the MLS listing.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
5.36 acres
Price per sqft
$425
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1986

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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: 2 years ago (MLSPIN #73372275)

Price History

Date / Event Date Event Price
Sep 18, 2025 Sold
Premium
Sold
May 14, 2025 In contract -
In contract
May 9, 2025 Listed by LDL Realty, LLC $849,900
Listed by LDL Realty, LLC
Sep 27, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 910
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 233,482
  • Total Building Area: 2,002
  • Gross Building Area: 3,793
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005360
  • 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:007B L:0
  • Block: 7B
  • Municipality: IPSWICH
  • Latitude: 42.6829
  • Longitude: -70.9256

    Address

  • Full Address: 356 Linebrook Rd
  • Address - House Number: 356
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1014
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $950,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 931,429
  • High Value: 1,048,255
  • Low Value: 814,603

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $835,500
  • Assessed Land Value: $395,600
  • Assessed Improvements Value: $439,900

    Sales

  • Current Sale Recording Date: Sep 27, 1984
  • Current Sale Price:
    Premium
  • Current 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73372275

Frequently Asked Questions

When was property at 356 Linebrook Road built and last sold?
The property at 356 Linebrook Road was built in 1986 and last sold on Jan 1, 1970 for $63,000.
How much is this home worth?
The estimated value of the home located at 356 Linebrook Road is $0.
What are some comparable homes to 356 Linebrook Road?
There are currently no comparable homes to 356 Linebrook Road.
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