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Essex
4 Cedar St
$660,000
● House - Off Market

4 Cedar St

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,560 Ft²
$861,539
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

OPEN HOUSE SUNDAY JUNE 7TH FROM NOON. TO 3:00 P.M. BUYERS AND AGENTS SHOULD SCHEDULE AN APPOINTMENT OR BE PREPARED FOR THE POSSIBILITY OF WAITING. PLEASE CALL OR TEXT SHOWING AGENT. MASKS & GLOVES REQUIRED.   Inviting Antique/Colonial with a great in-town Wenham location.  This home offers great living space that includes a formal living room with custom built-ins, dining room, half bath, and a sunny family room that leads to deck and fully fenced in backyard.  Three bedrooms upstairs including a spacious master bedroom with en-suite bathroom and home office nook.  Plus a finished lower level that includes a bathroom with shower.  Excellent location for commuters with easy access to highways and public transportation.  Move in ready!  Buyer assumes all risk of Covid-19 pandemic.
Unit Size
2,560 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$254
Property Type
House
Property Taxes
$756
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 #72668351)

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold
Premium
Sold
Jun 5, 2020 Listed by Brokers Collaborative $649,000
Listed by Brokers Collaborative
Aug 16, 2004 Sold
Premium
Sold
Mar 15, 2004 Listed by Brokers Collaborative $579,000
Listed by Brokers Collaborative
Jun 13, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • 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: 416
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,984
  • Gross Building Area: 3,267
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 662
  • Parcel: WENH M:18 L:15
  • Lot: 15
  • Municipality: WENHAM
  • Latitude: 42.6034
  • Longitude: -70.893

    Address

  • Full Address: 4 Cedar St
  • Address - House Number: 4
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1514
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,152,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,100
  • Assessed Land Value: $349,400
  • Assessed Improvements Value: $314,700

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200820002710
  • Previous Sale Recording Date: Aug 16, 2004
  • Previous Sale Amount: $567,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 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# 72668351

Frequently Asked Questions

When was property at 4 Cedar Street built and last sold?
The property at 4 Cedar Street was built in 1900 and last sold on Aug 5, 2020 for $660,000.
How much is this home worth?
The estimated value of the home located at 4 Cedar Street is $678,156.
What are some comparable homes to 4 Cedar Street?
There are currently no comparable homes to 4 Cedar Street.
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