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Essex
4 Birch Ln
$549,900
● House - Off Market

4 Birch Ln

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,902 Ft²
$635,556
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This house sets up on a little knoll and is in a lovely neighborhood.  The kitchen with tile floors , granite, and SS appliances is open to the family room with fireplace.  There is also a living room and dining room.  The are are sliders to a large three season room that invites you to sit and look over the beautiful back yard. Upstairs are three bedrooms and a full bath. The master has a walk in closet.  There are  lots of wood floors and the laundry is on the second floor.  Seller to offer $2500 flooring allowance.
Unit Size
1,902 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$289
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1979

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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 years ago (MLSPIN #72835460)

Price History

Date / Event Date Event Price
Jul 8, 2021 Sold
Premium
Sold
May 19, 2021 Listed by Compass $549,900
Listed by Compass

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,612
  • Total Building Area: 1,902
  • Gross Building Area: 2,864
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN LAND NEWBURY
  • Land Acres: 0000000519
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R01 B:0000 L:00117
  • Lot: 117
  • Municipality: NEWBURY
  • Latitude: 42.7431
  • Longitude: -70.9262

    Address

  • Full Address: 4 Birch Ln
  • Address - House Number: 4
  • Address - Street Name: Birch
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Byfield
  • Carrier Code: H001
  • 4-Digit Zip Code: 1512
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $480,700

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 726,055
  • High Value: 848,978
  • Low Value: 603,133

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,900
  • Assessed Land Value: $306,600
  • Assessed Improvements Value: $319,300

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210708002530
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72835460

Frequently Asked Questions

When was property at 4 Birch Lane built and last sold?
The property at 4 Birch Lane was built in 1979 and last sold on Jul 8, 2021 for $549,900.
How much is this home worth?
The estimated value of the home located at 4 Birch Lane is $0.
What are some comparable homes to 4 Birch Lane?
There are currently no comparable homes to 4 Birch Lane.
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