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Essex 01951
4 Paul's Way
Photo of 4 Paul's Way
Sold on May 31, 2005

1

Map

$412,500
● House - Off Market

4 Paul's Way

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,826 Ft²
$749,495
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

Very special Cape Cod home in great Newbury location. Soaring floor to ceiling stone fireplaced great room.  New eat-in kitchen addition, first floor master bedroom and remodelled full bath. One car garage.  A very sweet home.  Won't last!
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #70161320)

Price History

Date / Event Date Event Price
May 31, 2005 Sold
Premium
Sold
Mar 22, 2005 Listed $415,000
Listed
Sep 5, 1991 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,550
  • Total Building Area: 1,602
  • Gross Building Area: 3,480
  • Building Area: 1,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,602
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000449
  • 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:0U09 B:0000 L:00054
  • Lot: 54
  • Municipality: NEWBURY
  • Latitude: 42.7952
  • Longitude: -70.8658

    Address

  • Full Address: 4 Pauls Way
  • Address - House Number: 4
  • Address - Street Name: Pauls
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Newbury
  • Carrier Code: C023
  • 4-Digit Zip Code: 1121
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $485,200

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 746,806
  • High Value: 873,078
  • Low Value: 620,534

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,800
  • Assessed Land Value: $300,500
  • Assessed Improvements Value: $331,300

    Sales

  • Current Sale Recording Date: May 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 05, 1991
  • Previous Sale Amount: $136,000
  • 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:

$699,900

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2478 ft²

Average Home Age

73.5 years

Currently For Sale

1429 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 16 Chestnut, Newburyport, 01950

$3,650 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70161320

Frequently Asked Questions

When was property at 4 Paul's Way built and last sold?
The property at 4 Paul's Way was built in 1955 and last sold on Jan 1, 1970 for $412,500.
How much is this home worth?
The estimated value of the home located at 4 Paul's Way is $436,447.
What are some comparable homes to 4 Paul's Way?
There are currently no comparable homes to 4 Paul's Way.
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