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Essex 01969
38 Trowbridge Cir
Photo of 38 Trowbridge Cir
Sold on Jun 12, 2025

25

Map

Photo of 38 Trowbridge Cir
Photo of 38 Trowbridge Cir
$1,400,000
● House - Off Market

38 Trowbridge Cir

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,700 Ft²
$8,550
Est. Monthly
2.60%
Cap Rate

About This Property

Welcome to 38 Trowbridge Circle, an exquisite home tucked away on a serene street. Set back on .94 acres of beautifully manicured grounds, this 4-bedroom, 2.5-bath residence offers privacy, elegance, and impeccable attention to detail. The luminous interior features cathedral ceilings, gleaming hardwood floors, and abundant natural light. A sweeping staircase, custom built-ins, and a gourmet kitchen elevate the home's charm. Recently renovated bathrooms and a custom walk-in closet add modern comfort. Perfect for entertaining or relaxing, enjoy the elegant four-season room and expansive deck with grilling area. Additional highlights include a spacious basement, central A/C, mudroom with second staircase, and a 3-car garage. This one-of-a-kind home blends refined living with everyday functionality.
Unit Size
3,700 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$419
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
1989

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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 #73362430)

Price History

Date / Event Date Event Price
Jun 12, 2025 Sold
Premium
Sold
Apr 29, 2025 In contract -
In contract
Apr 22, 2025 Listed $1,549,000
Listed
Aug 20, 1999 Sold
Premium
Sold
Feb 2, 1999 Listed $489,900
Listed
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9
  • Basement Area: 1,842
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,051
  • Total Building Area: 3,457
  • Gross Building Area: 6,783
  • Building Area: 3,457
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,457
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000942
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0014 B:0009 L:0008
  • Block: 9
  • Lot: 8
  • Municipality: ROWLEY
  • Latitude: 42.7034
  • Longitude: -70.8972

    Address

  • Full Address: 38 Trowbridge Cir
  • Address - House Number: 38
  • Address - Street Name: Trowbridge
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 2127
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,129,500

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,053,673
  • High Value: 1,213,994
  • Low Value: 893,352

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $933,500
  • Assessed Land Value: $321,500
  • Assessed Improvements Value: $612,000

    Sales

  • Current Sale Recording Date: Aug 20, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 11, 1997
  • Previous Sale Amount: $394,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.4 years

Currently For Sale

1466 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# 73362430

Frequently Asked Questions

When was property at 38 Trowbridge Circle built and last sold?
The property at 38 Trowbridge Circle was built in 1989 and last sold on Jan 1, 1970 for $477,500.
How much is this home worth?
The estimated value of the home located at 38 Trowbridge Circle is $0.
What are some comparable homes to 38 Trowbridge Circle?
There are currently no comparable homes to 38 Trowbridge Circle.
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