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Essex 01938
36 North Ridge Road
Photo of 36 North Ridge Road

1

Map

$739,000
● House - Off Market

36 North Ridge Road

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,776 Ft²
$4,344
Est. Monthly
$30
HOA / Fees

About This Property

Beautiful Post & Beam open concept WATERFRONT home on Plum Island Sound w/ stairs to water below.  Possible mooring (by permit) thru Harbor Master.  UNBELIEVEABLE VIEWS to NH and ME.  INCREDIBLE SUNSETS!  Enjoy life at it's fullest in this fabulous home.  Bamboo flooring on main level, tiled lower level.  Heated sunroom.  Watch the seals go by in the Winter.  Swim, fish, boat or kayak from the shore in the Summer.  Enjoy life to it's fullest in this year round vacation location.
Unit Size
1,776 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$416
Property Type
House
Property Taxes
$685
HOA Dues
$30
Year Built
1986

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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: 2 months ago (MLSPIN #71279222)

Price History

Date / Event Date Event Price
Jun 19, 2020 Sold
Premium
Sold
Sep 17, 2019 Listed by Windhill Realty, LLC $825,000
Listed by Windhill Realty, LLC
Dec 14, 2018 Sold
Premium
Sold
Nov 6, 2018 Listed by Windhill Realty, LLC $839,900
Listed by Windhill Realty, LLC
Dec 24, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 11
  • 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: 3
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,698
  • Total Building Area: 1,536
  • Gross Building Area: 2,184
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000406
  • 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: 223100

Zoning

  • Zoning: RRB

Geography

  • Parcel: IPSW M:15C B:0042 L:0
  • Block: 42
  • Municipality: IPSWICH
  • Latitude: 42.7092
  • Longitude: -70.8119

    Address

  • Full Address: 36 Northridge Rd
  • Address - House Number: 36
  • Address - Street Name: Northridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1439
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,310,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,173,024
  • High Value: 1,375,253
  • Low Value: 970,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,151,800
  • Assessed Land Value: $895,000
  • Assessed Improvements Value: $256,800

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200619004420
  • Previous Sale Recording Date: Dec 14, 2018
  • Previous Sale Contract Date: Dec 13, 2018
  • Previous Sale Amount: $839,000
  • Previous Sale Document Type: O
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

1388 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 months ago
Data Source: MLS PIN, MLS# 71279222

Frequently Asked Questions

When was property at 36 North Ridge Road built and last sold?
The property at 36 North Ridge Road was built in 1986 and last sold on Jun 18, 2020 for $815,000.
How much is this home worth?
The estimated value of the home located at 36 North Ridge Road is $834,267.
What are some comparable homes to 36 North Ridge Road?
There are currently no comparable homes to 36 North Ridge Road.
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