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Essex
40 Batchelder Park
$360,000
● House - Off Market

40 Batchelder Park

Wenham, MA 01984
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,196 Ft²
$522,548
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Waterfront living at it's finest! Whether you enjoy this home year round or just for the summer, I can think of a no more relaxing place to have your morning coffee. Launch a dinghy, canoe or kayak from the front yard and get your exercise paddling around on the pond rather than on a treadmill!! Go fishing outside your front door. Delightful features include knotty pine paneling,wood burning fireplace,  hand painted scenic floor, walls of windows overlooking water in both dining room and family room. This home oozes charm! Most contents included with sale and left as gifts. New roof 11/19.   Needs TLC, sold "AS IS".   DO NOT VISIT THE PROPERTY WITHOUT LISTING AGENT! No open houses; showings by appointment only!! No showing without preapproval and Signed Covid Advisory; MUST have mask, gloves and booties.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$324
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1940

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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 #72590882)

Price History

Date / Event Date Event Price
Jul 17, 2020 Sold
Premium
Sold
Aug 28, 2019 Listed by Coldwell Banker Residential Brokerage - Beverly $387,500
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 460
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,170
  • Gross Building Area: 1,956
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 89
  • Parcel: WENH M:7 L:71
  • Lot: 71
  • Municipality: WENHAM
  • Latitude: 42.6139
  • Longitude: -70.8974

    Address

  • Full Address: 40 Batchelder Park
  • Address - House Number: 40
  • Address - Street Name: Batchelder
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1302
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636,700

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 481,985
  • High Value: 569,554
  • Low Value: 394,415

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,000
  • Assessed Land Value: $237,300
  • Assessed Improvements Value: $129,700

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 614261
  • Previous Sale Recording Date: Oct 21, 2004
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 72590882

Frequently Asked Questions

When was property at 40 Batchelder Park built and last sold?
The property at 40 Batchelder Park was built in 1940 and last sold on Jul 15, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 40 Batchelder Park is $394,466.
What are some comparable homes to 40 Batchelder Park?
There are currently no comparable homes to 40 Batchelder Park.
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