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Amesbury Town 01913
392-393 Main Street
$600,000
● House - Off Market

392-393 Main Street

Amesbury, MA 01913
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,261 Ft²
$932,505
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Unique opportunity to create your own Point Shore riverfront estate with a private dock!!!.   A great value with sweeping views of the Merrimack, 1.86 expansive acres and private dock opportunity.  Don't miss the chance to enjoy the riverfront sunsets or to wind your way down the scenic Merrimack to the Atlantic.  This historic colonial is awaiting your personal touch with four period fireplaces, gorgeous wide pine floors, stunning river views and an eat-in kitchen.   It is a fabulous location, just 1.5 miles to historic Amesbury's Market Square, 1 mile from scenic Newburyport and minutes from breathtaking beaches, the commuter rail to  Boston, Route 495, Route 95 and the finest dining and shopping the North Shore has to offer.
Unit Size
3,261 Ft²
Days on Market
-
Land Size
1.82 acres
Price per sqft
$196
Property Type
House
Property Taxes
$1,084
HOA Dues
-
Year Built
1750

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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: 5 months ago (MLSPIN #72331958)

Price History

Date / Event Date Event Price
Jan 24, 2020 Sold
Premium
Sold
May 24, 2019 No longer available -
No longer available
May 7, 2019 Price Decreased $749,000
↓ $41K (5.2%)
Price Decreased
Nov 8, 2018 Price Increased $790,000
↑ $150K (23.4%)
Price Increased
May 22, 2018 Listed by Engel & Volkers By the Sea $640,000
Listed by Engel & Volkers By the Sea

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1750
  • Effective Year Built: 1750
  • Building Count: 1
  • Total Rooms: 8
  • 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: 6
  • 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: 77,972
  • Total Building Area: 3,115
  • Gross Building Area: 6,691
  • Building Area: 3,115
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,115
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001790
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266300

Zoning

  • Zoning: R20

Geography

  • Parcel: AMES M:78 B:0021
  • Block: 21
  • Municipality: AMESBURY
  • Latitude: 42.8431
  • Longitude: -70.9202

    Address

  • Full Address: 392 Main St
  • Address - House Number: 392
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 4106
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,067,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,202,234
  • High Value: 1,389,641
  • Low Value: 1,014,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,321,800
  • Assessed Land Value: $631,500
  • Assessed Improvements Value: $690,300

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200124003170
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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$370

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1939 ft²

Average Home Age

81.5 years

Currently For Sale

43 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

Unit for rent at 23 Chester, Amesbury, 01913

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 903 ft²
23 Chester #UNIT1, Amesbury, 01913 Listing by Allison Gallagher

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72331958

Frequently Asked Questions

When was property at 392 Main Street built and last sold?
The property at 392 Main Street was built in 1750 and last sold on Jan 24, 2020 for $600,000.
How much is this home worth?
The estimated value of the home located at 392 Main Street is $669,243.
What are some comparable homes to 392 Main Street?
There are currently no comparable homes to 392 Main Street.
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