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Essex 01938
36 Newbury Rd
$785,000
● House - Off Market

36 Newbury Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,066 Ft²
$4,442
Est. Monthly

About This Property

Nestled on a private spacious lot, this delightful 3 bedroom, 2 bath, New England Gambrel home exudes warmth and charm.  This lot abuts the State Forest, providing a beautiful backdrop for this home.  The first floor features a fireplaced living room and dining area.  There is also a sun-soaked sitting/room office that was designed to be a bedroom at a later date.  A large deck looking out to the backyard is a wonderful place to enjoy a coffee and take in the views.  Upstairs you will find two bedrooms and a full bathroom with great views of their own.  The basement has two finished rooms that offer tons of possibilities.  Also on the grounds is a large detached garage with an area for work benches and additional storage in a loft area.  Make this home your own.  First showings at Open House.
Unit Size
2,066 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$375
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1976

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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: 6 months ago (MLSPIN #73174554)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Nov 1, 2023 In contract -
In contract
Oct 26, 2023 Listed by RE/MAX Bentley's $775,000
Listed by RE/MAX Bentley's

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 2,066
  • Gross Building Area: 2,984
  • Building Area: 2,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,066
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000600
  • 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:026 B:0008 L:0
  • Block: 8
  • Municipality: IPSWICH
  • Latitude: 42.6832
  • Longitude: -70.941

    Address

  • Full Address: 36 Newbury Rd
  • Address - House Number: 36
  • Address - Street Name: Newbury
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1037
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,000

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 797,420
  • High Value: 861,140
  • Low Value: 733,699

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $676,600
  • Assessed Land Value: $306,700
  • Assessed Improvements Value: $369,900

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231220002060
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

2469 ft²

Average Home Age

72.3 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73174554

Frequently Asked Questions

When was property at 36 Newbury Road built and last sold?
The property at 36 Newbury Road was built in 1976 and last sold on Dec 20, 2023 for $785,000.
How much is this home worth?
The estimated value of the home located at 36 Newbury Road is $788,704.
What are some comparable homes to 36 Newbury Road?
There are currently no comparable homes to 36 Newbury Road.
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