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Ipswich 01938
4 Argilla Rd
$850,000
● House - Off Market

4 Argilla Rd

Ipswich, MA 01938
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,097 Ft²
$5,001
Est. Monthly

About This Property

Prestigious Argilla Road!  Remarkable turn of the century home with mahogany built-ins, crown molding and coffered ceilings.  Spacious home in need of updating but well maintained.  Hardwood flooring and gorgeous details.  Good size eat in kitchen, living room with fireplace, a den with built in shelving, big heated entry way/sitting room and a detached 2 car garage (23'x18').  An extremely versatile 5 bedroom home with 2 on the first floor and an additional 3 more bedrooms upstairs.  Close proximity to commuter rail, downtown, schools, restaurants, library and Cranes Beach.  An incredible opportunity to update this home to make it your own and live in one of the most sought after neighborhoods in Ipswich!
Unit Size
3,097 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$283
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1900

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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 #73197935)

Price History

Date / Event Date Event Price
Jun 3, 2024 Sold
Premium
Sold
Mar 27, 2024 In contract -
In contract
Jan 31, 2024 Listed by Rowley Realty $874,900
Listed by Rowley Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,816
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,889
  • Total Building Area: 4,005
  • Gross Building Area: 5,462
  • Building Area: 4,005
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,005
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223200

Zoning

  • Zoning: 1R

Geography

  • Parcel: IPSW M:42C B:0118 L:0
  • Block: 118
  • Municipality: IPSWICH
  • Latitude: 42.6758
  • Longitude: -70.8348

    Address

  • Full Address: 4 Argilla Rd
  • Address - House Number: 4
  • Address - Street Name: Argilla
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C002
  • 4-Digit Zip Code: 2348
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $845,200

    Appraisal Valuation

  • Standard Deviation: 0.0796
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 972,200
  • High Value: 1,049,676
  • Low Value: 894,724

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,700
  • Assessed Land Value: $312,200
  • Assessed Improvements Value: $430,500
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 Ipswich

Stats & Trends

Median Asking:

$699,500

Sale Price/ft²

$442

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1616 ft²

Average Home Age

98.9 years

Currently For Sale

18 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: 4 months ago
Data Source: MLS PIN, MLS# 73197935

Frequently Asked Questions

When was property at 4 Argilla Road built and last sold?
The property at 4 Argilla Road was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Argilla Road is $883,649.
What are some comparable homes to 4 Argilla Road?
There are currently no comparable homes to 4 Argilla Road.
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