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Essex
39 Central Street
Photo of 39 Central Street

1

Map

$1,699,000
● House - Off Market

39 Central Street

Manchester, MA 01944
bedrooms
6 Beds
bathrooms
4 Baths
square feet
4,654 Ft²
$9,624
Est. Monthly

About This Property

Beautifully renovated antique in the heart of Manchester Village set on a large landscaped lot with lovely perennial gardens. Many period details throughout, including five fireplaces and decorative moldings. The updated kitchen is open to the family room creating the perfect flow for entertaining. Watch the boats go by on the expansive covered porch. This property also includes a spacious two bedroom guest house. Both the main and guest houses offer roof decks with breathtaking harbor views.
Unit Size
4,654 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$365
Property Type
House
Property Taxes
$1,281
HOA Dues
-
Year Built
-

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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: 4 months ago (MLSPIN #71099617)

Price History

Date / Event Date Event Price
Aug 15, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by Coldwell Banker Residential Brokerage - Manchester $1,675,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Jun 22, 2010 Listed by Coldwell Banker Residential Brokerage - Manchester $1,699,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Jun 25, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 15,499
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: G

Geography

  • District: 166
  • Parcel: MANC M:0053 B:0000 L:0005
  • Lot: 5
  • Municipality: MANCHESTER
  • Latitude: 42.5753
  • Longitude: -70.7744

    Address

  • Full Address: 39 Central St
  • Address - House Number: 39
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1312
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,070,700

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 2,447,449
  • High Value: 2,844,790
  • Low Value: 2,050,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,214,600
  • Assessed Land Value: $502,800
  • Assessed Improvements Value: $1,711,800

    Sales

  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 204
  • Previous Sale Recording Date: Jun 25, 2001
  • Previous Sale Amount: $1,250,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 71099617

Frequently Asked Questions

When was property at 39 Central Street built and last sold?
The property at 39 Central Street was built in and last sold on Jan 1, 1970 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 39 Central Street is $1,690,063.
What are some comparable homes to 39 Central Street?
There are currently no comparable homes to 39 Central Street.
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