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Essex
4 Old Neck Rd
$750,000
● House - Off Market

4 Old Neck Rd

Manchester, MA 01944
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,171 Ft²
$2,006,284
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

LOCATION! LOCATION! LOCATION! Spectacular estate setting in very desirable location. Only a short walk to Singing Beach, harbor & town. Situated at the end of a long drive, this spacious ranch has an estate feeling. Finished rooms over 2 car garage (1000sq ft). Lots of privacy. Open concept, fireplace, in ground pool, hardwood floors. Large lot. House has 3 bedrooms on lower level.
Unit Size
3,171 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$311
Property Type
House
Property Taxes
$740
HOA Dues
-
Year Built
2017

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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: 4 months ago (MLSPIN #71319513)

Price History

Date / Event Date Event Price
Jun 1, 2012 Sold
Premium
Sold
Dec 14, 2011 Listed by J. Barrett & Company $985,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,646
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,812
  • Total Building Area: 5,764
  • Gross Building Area: 12,206
  • Building Area: 5,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,764
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001373
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: E

Geography

  • District: 166
  • Parcel: MANC M:0015 B:0000 L:0058
  • Lot: 58
  • Municipality: MANCHESTER
  • Latitude: 42.5734
  • Longitude: -70.7625

    Address

  • Full Address: 4 Old Neck Rd
  • Address - House Number: 4
  • Address - Street Name: Old Neck
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1564
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,201,500

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 2,727,248
  • High Value: 3,069,317
  • Low Value: 2,385,179

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,354,500
  • Assessed Land Value: $654,900
  • Assessed Improvements Value: $1,699,600

    Sales

  • Current Sale Recording Date: Jul 14, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71400049
  • Previous Sale Recording Date: Jun 01, 2012
  • Previous Sale Amount: $750,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71319513

Frequently Asked Questions

When was property at 4 Old Neck Road built and last sold?
The property at 4 Old Neck Road was built in 2017 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Old Neck Road is $976,470.
What are some comparable homes to 4 Old Neck Road?
There are currently no comparable homes to 4 Old Neck Road.
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