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Essex
4 Lenway Rd
$407,000
● House - Off Market

4 Lenway Rd

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,666 Ft²
$698,229
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Located on dead end street, walking distance to village, Charming 6 rm Cape, Many updates New roof, new windows, resided back and side of house and garage, new garage floor, new garage doors, Painted house, closed in porch, cobblestone driveway and walkway, granite countertops, Painted kitchen cabinets, new hardware, New appliances include dishwasher, microwave, refinished hardwood floors, renovated upstairs bath, new tile floor, new vanity, sink and counter top, mirror, lights, toilet, tiles shower walls, fenced in entire back yard.New shrubs.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$249
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1963

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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 #72081335)

Price History

Date / Event Date Event Price
Dec 5, 2016 Sold
Premium
Sold
Oct 14, 2016 Listed by Evelyn M. Noyes R. E. $415,000
Listed by Evelyn M. Noyes R. E.
Sep 19, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,551
  • Total Building Area: 1,666
  • Gross Building Area: 3,580
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000839
  • 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:0U11 B:0000 L:00041
  • Lot: 41
  • Municipality: NEWBURY
  • Latitude: 42.7596
  • Longitude: -70.9427

    Address

  • Full Address: 4 Lenway Rd
  • Address - House Number: 4
  • Address - Street Name: Lenway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1301
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $440,900

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 680,018
  • High Value: 784,390
  • Low Value: 575,646

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,100
  • Assessed Land Value: $271,800
  • Assessed Improvements Value: $302,300

    Sales

  • Current Sale Recording Date: Dec 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 629
  • Previous Sale Recording Date: Sep 19, 2014
  • Previous Sale Amount: $307,000
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72081335

Frequently Asked Questions

When was property at 4 Lenway Road built and last sold?
The property at 4 Lenway Road was built in 1963 and last sold on Jan 1, 1970 for $407,000.
How much is this home worth?
The estimated value of the home located at 4 Lenway Road is $432,598.
What are some comparable homes to 4 Lenway Road?
There are currently no comparable homes to 4 Lenway Road.
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