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Amesbury Town 01913
4 Lancewood
$582,500
● House - Off Market

4 Lancewood

Amesbury, MA 01913
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,471 Ft²
$768,595
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Looking for a neighborhood with sidewalks and big back yards?  This eight room, four bedroom, two and a half bath colonial is located in the Pond Hill subdivision on a quiet side street. The updated SS kitchen with soft close drawers has granite counter tops and a center island and is open to the family room with a wood burning  fireplace. The dining room is perfect for those larger gatherings and has wainscoting.  The living room has crown moldings. Upstairs are four bedrooms with a master with its own bathroom. The yard is fenced in with a large patio and the two car garage under is oversized.
Unit Size
2,471 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$237
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1999

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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 #72732250)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Sep 24, 2020 Listed by Better Homes and Gardens Real Estate - The Masiello Group $585,000
Listed by Better Homes and Gardens Real Estate - The Masiello Group
Jun 11, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 601
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,500
  • Total Building Area: 2,471
  • Gross Building Area: 3,783
  • Building Area: 2,471
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,471
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000723
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266100

Zoning

  • Zoning: R40

Geography

  • Parcel: AMES M:72 B:0069
  • Block: 69
  • Municipality: AMESBURY
  • Latitude: 42.846
  • Longitude: -70.9662

    Address

  • Full Address: 4 Lancewood Dr
  • Address - House Number: 4
  • Address - Street Name: Lancewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Amesbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 2197
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,150,300

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 753,181
  • High Value: 910,973
  • Low Value: 595,388

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,500
  • Assessed Land Value: $292,100
  • Assessed Improvements Value: $443,400

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201201004800
  • Previous Sale Recording Date: Jun 11, 1999
  • Previous Sale Amount: $267,900
  • Previous 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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1939 ft²

Average Home Age

81.5 years

Currently For Sale

43 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# 72732250

Frequently Asked Questions

When was property at 4 Lancewood Drive built and last sold?
The property at 4 Lancewood Drive was built in 1999 and last sold on Nov 30, 2020 for $582,000.
How much is this home worth?
The estimated value of the home located at 4 Lancewood Drive is $604,053.
What are some comparable homes to 4 Lancewood Drive?
There are currently no comparable homes to 4 Lancewood Drive.
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