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Essex 01921
393 Ipswich Road
$725,000
● House - Off Market

393 Ipswich Road

Boxford, MA 01921
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,100 Ft²
$629,765
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Warm and inviting 3 bedroom Split in desirable Boxford.  Double doors welcome you in to this updated, bright and airy space.  Steps up to the kitchen where there is ample counter space, plenty of cabinets, granite countertops and a side bar opening up to the Living Room.  Steps from the kitchen is the Dining Room, large enough for gatherings and events. Living room will not disappoint with its fireplace, hardwood floors and tons of Natural light streaming through the windows. The flow of  the living space makes for ease in entertaining.  Down the hall is three ample size bedrooms, full bath and access to the attic.  Downstairs has just received new flooring and a fresh cost of paint.  Space galore!  Storage galore!  Two car garage, two acre lot, almost too good to be true!Call for your showing before its' too late.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$298
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1974

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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: 6 months ago (MLSPIN #72966369)

Price History

Date / Event Date Event Price
May 26, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by Berkshire Hathaway HomeServices Verani Realty $624,900
Listed by Berkshire Hathaway HomeServices Verani Realty
Jul 16, 1999 Sold
Premium
Sold
Apr 12, 1999 Listed $284,000
Listed
TUDOR DESIGNED SPLIT ENTRY FEATURING 2+ FIREPLACES LARGE FAMILY ROOM, DECK, SCREENED PORCH, NICE LOT 2 AC
Jul 1, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 87,120
  • Total Building Area: 1,336
  • Gross Building Area: 3,212
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: BOXF M:014 B:002 L:011.2
  • Block: 2
  • Lot: 11.2
  • Municipality: BOXFORD
  • Latitude: 42.6954
  • Longitude: -71.032

    Address

  • Full Address: 393 Ipswich Rd
  • Address - House Number: 393
  • Address - Street Name: Ipswich
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R008
  • 4-Digit Zip Code: 1507
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $874,400

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 738,988
  • High Value: 852,210
  • Low Value: 625,765

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,000
  • Assessed Land Value: $399,900
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220526003030
  • Previous Sale Recording Date: Jul 01, 1997
  • Previous Sale Amount: $236,000
  • 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:

$699,900

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: 6 months ago
Data Source: MLS PIN, MLS# 72966369

Frequently Asked Questions

When was property at 393 Ipswich Road built and last sold?
The property at 393 Ipswich Road was built in 1974 and last sold on May 26, 2022 for $725,000.
How much is this home worth?
The estimated value of the home located at 393 Ipswich Road is $632,067.
What are some comparable homes to 393 Ipswich Road?
There are currently no comparable homes to 393 Ipswich Road.
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