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Essex 01921
38 Herrick Road
$950,000
● House - Off Market

38 Herrick Road

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,082 Ft²
$4,665
Est. Monthly

About This Property

Extrodinary custom built Wills Contemporary Cape home w/ soaring 10' ceilings and 18'open foyer.  located in private retreat like nature lovers paradise.  Featuring interior columns, detail moldings, custom built-ins, outside shower, hardwood floors throughout and walls of glass w/ woodland views on 6 professionaly landscaped acres. Three room master suite on first floor. Custom kitchen open to fireplace family room. Playroom over garage. Organic gardens, flowering perennials and fruit trees
Unit Size
4,082 Ft²
Days on Market
-
Land Size
6.00 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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: 11 months ago (MLSPIN #71085527)

Price History

Date / Event Date Event Price
May 24, 2010 Listed by Keller Williams Realty $950,000
Listed by Keller Williams Realty
Jul 31, 1998 Sold
Premium
Sold
Mar 26, 1998 Listed by Keller Williams Realty $649,900
Listed by Keller Williams Realty
Mar 16, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 261,360
  • Total Building Area: 3,766
  • Gross Building Area: 8,682
  • Building Area: 3,766
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,766
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:028 B:002 L:016.2
  • Block: 2
  • Lot: 16.2
  • Municipality: BOXFORD
  • Latitude: 42.6723
  • Longitude: -71.0101

    Address

  • Full Address: 38 Herrick Rd
  • Address - House Number: 38
  • Address - Street Name: Herrick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R008
  • 4-Digit Zip Code: 2102
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,485,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 1,215,320
  • High Value: 1,367,754
  • Low Value: 1,062,887

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,137,900
  • Assessed Land Value: $441,800
  • Assessed Improvements Value: $696,100

    Sales

  • Current Sale Recording Date: Jul 31, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 16, 1992
  • Previous Sale Amount: $492,500
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2539 ft²

Average Home Age

72.1 years

Currently For Sale

1470 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: 11 months ago
Data Source: MLS PIN, MLS# 71085527

Frequently Asked Questions

When was property at 38 Herrick Road built and last sold?
The property at 38 Herrick Road was built in 1996 and last sold on Jan 1, 1970 for $626,000.
How much is this home worth?
The estimated value of the home located at 38 Herrick Road is $0.
What are some comparable homes to 38 Herrick Road?
There are currently no comparable homes to 38 Herrick Road.
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