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Essex
4 Grove St
$435,000
● House - Off Market

4 Grove St

Middleton, MA 01949
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,411 Ft²
$521,874
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Imagine yourself connecting with nature while minimizing your commute to the city and points on the north shore. This lovingly maintained cape has hard wood/Laminate floors, in a rural setting with spacious deck overlooking forest, only 2 minutes from the Ipswich River and Downtown Middleton. Newly updated boiler and full appliances washer/dryer, electric stove, microwave, dishwasher and Fridge. Open concept Living/Dining and Kitchen area with 3 bedrooms, 2 full bathrooms. Spacious equipment shed and beautiful landscape with multiple stone walls and planting areas. Public water and passing septic.
Unit Size
1,411 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$274
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1955

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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 #72676210)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Apr 1, 2021 Listed by Simply Sell Realty $474,900
Listed by Simply Sell Realty
Jul 24, 2020 Sold
Premium
Sold
Jun 18, 2020 Listed by Simply Sell Realty $387,000
Listed by Simply Sell Realty
Oct 27, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 987
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,300
  • Gross Building Area: 2,815
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE LTS
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212101

Zoning

  • Zoning: R1A

Geography

  • Parcel: MIDD M:0019 B:0000 L:0030
  • Lot: 30
  • Municipality: MIDDLETON
  • Latitude: 42.5942
  • Longitude: -70.9992

    Address

  • Full Address: 4 Grove St
  • Address - House Number: 4
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Middleton
  • Carrier Code: R005
  • 4-Digit Zip Code: 2248
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,700

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 639,073
  • High Value: 739,847
  • Low Value: 538,299

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,600
  • Assessed Land Value: $252,000
  • Assessed Improvements Value: $329,600

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210528007130
  • Previous Sale Recording Date: Jul 24, 2020
  • Previous Sale Contract Date: Jul 24, 2020
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: O
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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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: 4 months ago
Data Source: MLS PIN, MLS# 72676210

Frequently Asked Questions

When was property at 4 Grove Street built and last sold?
The property at 4 Grove Street was built in 1955 and last sold on May 28, 2021 for $563,000.
How much is this home worth?
The estimated value of the home located at 4 Grove Street is $481,291.
What are some comparable homes to 4 Grove Street?
There are currently no comparable homes to 4 Grove Street.
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