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Essex
LOT 4 Matthew Drive
$339,900
● House - Off Market

LOT 4 Matthew Drive

Groveland, MA 01834
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
2,552 Ft²
$1,078,618
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

NEW CONSTRUCTION 5 LOT SUBDIVISION. BEAUTIFUL AND SPACIOUS 2550 SF COLONIAL WITH WALK UP ATTIC. 4 BEDROOMS, 2.5 BATHS. HARDWOOD DIN RM, FOYER,STAIRS AND HALL. TILE BATHS, CUL-DE-SAC LOCATION. 2 CAR GAR, CATH FAM RM. GOOD SCHOOLS
Unit Size
2,552 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
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: 4 years ago (MLSPIN #30301865)

Price History

Date / Event Date Event Price
Aug 29, 2002 Sold
Premium
Sold
Jun 26, 2002 Listed $445,000
Listed
Jul 30, 1999 Sold
Premium
Sold
Mar 17, 1999 Listed $339,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,144
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,283
  • Total Building Area: 2,288
  • Gross Building Area: 4,696
  • Building Area: 2,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATTHEW DRIVE
  • Land Acres: 0000000695
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 264100

Geography

  • District: 116
  • Parcel: GROV M:41 B:100 L:0
  • Block: 100
  • Municipality: GROVELAND
  • Latitude: 42.74
  • Longitude: -71.026

    Address

  • Full Address: 4 Matthew Dr
  • Address - House Number: 4
  • Address - Street Name: Matthew
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Groveland
  • Carrier Code: R010
  • 4-Digit Zip Code: 1560
  • Zip Code: 01834

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $956,200

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 801,446
  • High Value: 936,266
  • Low Value: 666,625

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $706,200
  • Assessed Land Value: $217,700
  • Assessed Improvements Value: $488,500

    Sales

  • Current Sale Recording Date: Aug 29, 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.4 years

Currently For Sale

1448 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 8 Hemlock, Groveland, 01834

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,680 ft²
8 Hemlock, Groveland, 01834 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30301865

Frequently Asked Questions

When was property at 4 Matthew Drive built and last sold?
The property at 4 Matthew Drive was built in 1999 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 4 Matthew Drive is $443,660.
What are some comparable homes to 4 Matthew Drive?
There are currently no comparable homes to 4 Matthew Drive.
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