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Essex 01938
40 Avery St.
Photo of 40 Avery St.
Sold on May 26, 2005

1

Map

$319,000
● House - Off Market

40 Avery St.

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,163 Ft²
$584,967
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

Best value in Ipswich!  Wonderful 3 bedroom starter home in a family friendly neighborhood.  Large family room with cathedral ceiling, hardwood floors and wood stove.  French doors open up to patio and fenced in leveled backyard.  Large eat in kitchen with ceramic tile floor.  Living room has brand new picture window and beautiful leaded glass door.  Possible expansion potential!  Great condo alternative without the condo fees!
Unit Size
1,163 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$279
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1957

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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 #70156103)

Price History

Date / Event Date Event Price
May 26, 2005 Sold
Premium
Sold
Mar 4, 2005 Listed $323,900
Listed
Apr 30, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,202
  • Total Building Area: 1,163
  • Gross Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,163
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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: IR

Geography

  • Parcel: IPSW M:30B B:021C L:0
  • Block: 21C
  • Municipality: IPSWICH
  • Latitude: 42.6918
  • Longitude: -70.8502

    Address

  • Full Address: 40 Avery St
  • Address - House Number: 40
  • Address - Street Name: Avery
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1233
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,700

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 501,425
  • High Value: 587,283
  • Low Value: 415,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,800
  • Assessed Land Value: $268,400
  • Assessed Improvements Value: $151,400

    Sales

  • Current Sale Recording Date: May 26, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 78470
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: 48
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

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70156103

Frequently Asked Questions

When was property at 40 Avery Street built and last sold?
The property at 40 Avery Street was built in 1957 and last sold on Jan 1, 1970 for $319,000.
How much is this home worth?
The estimated value of the home located at 40 Avery Street is $334,648.
What are some comparable homes to 40 Avery Street?
There are currently no comparable homes to 40 Avery Street.
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