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Essex
4 Orchard Lane
$500,000
● House - Off Market

4 Orchard Lane

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,261 Ft²
$914,688
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Set on the end of a private lane,  this extensively remodeled and updated contemporary cottage offers an interior that is rich, unique, and understated. The luminous two story family room with its granite hearth anchors the downstairs living space.  The present owner is a passionate baker and makes good use of the well-designed kitchen.  The dining area flows into a large sun room making it the ideal place for morning coffee, afternoon tea, and evening libations.  The floor plan offers great flexibility with two bedrooms on the first level and the master suite on the second.  The second floor office/gym could be used as the fourth bedroom if desired.  There is a 3 car garage and fabulous work/storage space in the lower level.  The lovingly landscaped yard is easy to maintain.  Five minutes to Routes 1 and 95.
Unit Size
2,261 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$221
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1979

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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 #71749093)

Price History

Date / Event Date Event Price
Nov 25, 2014 Sold
Premium
Sold
Sep 26, 2014 Listed by Kristal Pooler & Assoc.Coast & Country Properties $499,900
Listed by Kristal Pooler & Assoc.Coast & Country Properties
Sep 30, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 782
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,780
  • Total Building Area: 1,974
  • Gross Building Area: 4,394
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROFILE ORCHARD LANE
  • Land Acres: 0000001028
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 1182
  • Parcel: WENH M:34 L:3
  • Lot: 3
  • Municipality: WENHAM
  • Latitude: 42.5953
  • Longitude: -70.923

    Address

  • Full Address: 4 Orchard Ln
  • Address - House Number: 4
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1949
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,257,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $724,800
  • Assessed Land Value: $439,800
  • Assessed Improvements Value: $285,000

    Sales

  • Current Sale Recording Date: Nov 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112500428
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Amount: $550,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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: 5 months ago
Data Source: MLS PIN, MLS# 71749093

Frequently Asked Questions

When was property at 4 Orchard Lane built and last sold?
The property at 4 Orchard Lane was built in 1979 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 4 Orchard Lane is $527,481.
What are some comparable homes to 4 Orchard Lane?
There are currently no comparable homes to 4 Orchard Lane.
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