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Newburyport 01950
4 Cutting Drive
$160,000
● House - Off Market

4 Cutting Drive

Newburyport, MA 01950
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,010 Ft²
$451,710
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

COMPLETE MODERNIZATION NEEDED FOR THIS 1950'S RANCH ON CURVING CORNER LOT, WHICH ALLOWS 180+ FT OF FRONTAGE. GREAT QUIET NEIGHBORHOOD. CLOSE TO "PARK & RIDE", SHOPPING CENTER AND I-95
Unit Size
1,010 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$168
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #30567246)

Price History

Date / Event Date Event Price
Jan 30, 2002 Sold
Premium
Sold
Dec 14, 2001 Listed by Richard E. Sullivan Real Estate $170,000
Listed by Richard E. Sullivan Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 12,500
  • Total Building Area: 2,694
  • Gross Building Area: 4,737
  • Building Area: 2,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,694
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUTTING MANOR
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newburyport School District
  • School Tax School District: NEWBURYPORT SD
  • Census Tract: 268200

Geography

  • District: 206
  • Parcel: NEWP M:0042 B:0121 L:0000
  • Block: 121
  • Municipality: NEWBURYPORT
  • Latitude: 42.8221
  • Longitude: -70.8982

    Address

  • Full Address: 4 Cutting Dr
  • Address - House Number: 4
  • Address - Street Name: Cutting
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Newburyport
  • Carrier Code: C007
  • 4-Digit Zip Code: 3602
  • Zip Code: 01950

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $943,400

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 993,229
  • High Value: 1,180,152
  • Low Value: 806,305

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $946,200
  • Assessed Land Value: $365,600
  • Assessed Improvements Value: $580,600

    Sales

  • Current Sale Recording Date: Jan 30, 2002
  • Current Sale Price:
    Premium
  • Current 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 Newburyport

Stats & Trends

Median Asking:

$1,025,000

Sale Price/ft²

$567

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2352 ft²

Average Home Age

95.2 years

Currently For Sale

62 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 years ago
Data Source: MLS PIN, MLS# 30567246

Frequently Asked Questions

When was property at 4 Cutting Drive built and last sold?
The property at 4 Cutting Drive was built in 1954 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 4 Cutting Drive is $0.
What are some comparable homes to 4 Cutting Drive?
There are currently no comparable homes to 4 Cutting Drive.
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