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Essex 01938
4 Post Road Lane
$795,000
● House - Off Market

4 Post Road Lane

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,728 Ft²
$1,407,337
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Open House Sunday 12/6, 1PM - 3PM.This amazing property is bordering 35 acres of open space land on the cul-de-sac with  5.66 acres of lush landscaping. This contemporary Colonial offers the best of open, soaring inner space and is extraordinary in many ways. Built for comfort and entertaining with oversized rooms: the majestic grand 2 story foyer, leads the way to a sun-kissed DR open to a beautiful kitchen designed to facilitate food prep. Expansive granite countertops, walk in pantry,  deck leading to Gunite pool w/ waterfall oasis. The two level stone fireplace in the FR is wonderful for cool nights, and  the LL game room and theatre room with 10 person seating and projector screen tops it off. Lovely and unique!
Unit Size
4,728 Ft²
Days on Market
-
Land Size
5.66 acres
Price per sqft
$169
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1998

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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 months ago (MLSPIN #71858539)

Price History

Date / Event Date Event Price
Feb 29, 2016 Sold
Premium
Sold
Jun 16, 2015 Listed by Keller Williams Realty $799,999
Listed by Keller Williams Realty
May 20, 1997 Sold
Premium
Sold
Jan 31, 1997 Listed by Keller Williams Realty $169,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 2,068
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 246,550
  • Total Building Area: 5,659
  • Gross Building Area: 8,812
  • Building Area: 5,659
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,659
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE FINANCIAL SVCS INC
  • Land Acres: 0000005660
  • 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: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:20A B:0031 L:0
  • Block: 31
  • Municipality: IPSWICH
  • Latitude: 42.7039
  • Longitude: -70.8759

    Address

  • Full Address: 4 Post Road Ln
  • Address - House Number: 4
  • Address - Street Name: Post Road
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1224
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,142,300

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,201,963
  • High Value: 1,391,065
  • Low Value: 1,012,861

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,003,800
  • Assessed Land Value: $396,100
  • Assessed Improvements Value: $607,700

    Sales

  • Current Sale Recording Date: Feb 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69
  • Previous Sale Recording Date: May 20, 1997
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71858539

Frequently Asked Questions

When was property at 4 Post Road Lane built and last sold?
The property at 4 Post Road Lane was built in 1998 and last sold on Jan 1, 1970 for $795,000.
How much is this home worth?
The estimated value of the home located at 4 Post Road Lane is $858,787.
What are some comparable homes to 4 Post Road Lane?
There are currently no comparable homes to 4 Post Road Lane.
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