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Essex 01938
4 North Ridge Rd
Photo of 4 North Ridge Rd
Sold on Oct 31, 2025

42

Map

Photo of 4 North Ridge Rd
Photo of 4 North Ridge Rd
$925,000
● House - Off Market

4 North Ridge Rd

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,262 Ft²
$6,027
Est. Monthly
$4
HOA / Fees
2.01%
Cap Rate

About This Property

Waterfront Great Neck  Seller is currently removing wall to wall carpet in living room and replacing the flooring.  Imagine waking up to breathtaking views every day! This charming 2 bedroom, 1.5 bath single level home on desirable Great Neck offers the perfect blend of tranquility and convenience. Move right in and start enjoying the easy lifestyle this location affords. Direct access for boating, fishing, and of course, Ipswich's famous clamming, right from your backyard. Enjoy the convenience of main- floor living. This home has been lovingly maintained and is ready for you to unpack and relax. Prepare to be mesmerized by the extraordinary sunsets painting the sky over the water each evening.
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$812
Property Type
House
Property Taxes
$989
HOA Dues
$4
Year Built
1930

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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: 5 months ago (MLSPIN #73368130)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Sep 30, 2025 In contract -
In contract
Jul 29, 2025 Price Decreased $1,025,000
↓ $25K (2.4%)
Price Decreased
May 1, 2025 Listed by J. Barrett & Company $1,050,000
Listed by J. Barrett & Company
Jul 31, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 7,980
  • Total Building Area: 1,262
  • Gross Building Area: 1,684
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROPRIETORS GREAT INC
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223100

Zoning

  • Zoning: RRB

Geography

  • Parcel: IPSW M:15C B:0025 L:0
  • Block: 25
  • Municipality: IPSWICH
  • Latitude: 42.7064
  • Longitude: -70.8136

    Address

  • Full Address: 4 Northridge Rd
  • Address - House Number: 4
  • Address - Street Name: Northridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1437
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,163,100

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,019,062
  • High Value: 1,194,126
  • Low Value: 843,999

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,022,100
  • Assessed Land Value: $822,100
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Recording Date: Jul 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 15, 2003
  • Previous Sale Amount: $699,900
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2532 ft²

Average Home Age

72 years

Currently For Sale

1468 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: 5 months ago
Data Source: MLS PIN, MLS# 73368130

Frequently Asked Questions

When was property at 4 North Ridge Road built and last sold?
The property at 4 North Ridge Road was built in 1930 and last sold on Jan 1, 1970 for $595,000.
How much is this home worth?
The estimated value of the home located at 4 North Ridge Road is $979,139.
What are some comparable homes to 4 North Ridge Road?
There are currently no comparable homes to 4 North Ridge Road.
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