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Essex 01938
4 Quay Rd
$459,000
● House - Off Market

4 Quay Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,009 Ft²
$1,082,799
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Panoramic Views of Plum Island Sound from this newly renovated Great Neck Cape. Newer kitchen w/ maple cabinets & hardwood floors, open floor plan displaying expansive water views over Plum Island Sound to the ocean. Fireplaced living room/dining room.  Charming enclosed porch w/ views. Extended family or au pair living in walk-out basment w/ kitchen/living room, full bath & bedroom. Walk to Ipswich Bay Yacht Club & beach nearby. Adjacent building lot currently on the market. Buy as assemblage.
Unit Size
2,009 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$248
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
2013

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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 #71316195)

Price History

Date / Event Date Event Price
May 1, 2012 Sold
Premium
Sold
Dec 2, 2011 Listed by The Martin Group, Inc. $499,000
Listed by The Martin Group, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 2,016
  • Gross Building Area: 3,508
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREAT NECK INC
  • Land Acres: 0000000184
  • 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:15D B:005A L:0
  • Block: 5A
  • Municipality: IPSWICH
  • Latitude: 42.7089
  • Longitude: -70.7989

    Address

  • Full Address: 4 Quay Rd
  • Address - House Number: 4
  • Address - Street Name: Quay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 1447
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,299,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,213,111
  • High Value: 1,404,727
  • Low Value: 1,021,495

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,142,000
  • Assessed Land Value: $723,600
  • Assessed Improvements Value: $418,400

    Sales

  • Current Sale Recording Date: May 01, 2012
  • Current Sale Price:
    Premium
  • Current 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 71316195

Frequently Asked Questions

When was property at 4 Quay Road built and last sold?
The property at 4 Quay Road was built in 2013 and last sold on Jan 1, 1970 for $459,000.
How much is this home worth?
The estimated value of the home located at 4 Quay Road is $517,290.
What are some comparable homes to 4 Quay Road?
There are currently no comparable homes to 4 Quay Road.
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