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Essex 01969
40 Tenney Road
$490,000
● House - Off Market

40 Tenney Road

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,203 Ft²
$818,797
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Open concept Cape in cul-de-sac, acre of land.  It has 3 to 4 bedrooms(one bedroom has no closet).Spacious first floor master bedroom with Jacuzzi tub and shower, sliders to deck.  All new kitchen with granite counters, wood cabinets and engineered wood floor, eat-in area.  Formal dining room with cathedral ceiling, and skylight. Formal living room with wood-stove and skylight.  Spacious lower level family room, basement laundry hook-ups(also has hook-ups on first floor), exercise room. The whole house has been upgraded inside and out, including new windows, new roof, new siding, flooring and kitchen.   All in move in condition.  Easy access to highways, great restaurants in Rowley and Ipswich, golf-course near-by. There is a train stop that goes to Boston in Rowley.
Unit Size
2,203 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$220
Property Type
House
Property Taxes
$572
HOA Dues
-
Year Built
1985

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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 #72034171)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Coldwell Banker Residential Brokerage - Topsfield $659,000
Listed by Coldwell Banker Residential Brokerage - Topsfield
Sep 15, 2016 Sold
Premium
Sold
Jul 7, 2016 Listed by Coldwell Banker Residential Brokerage - Topsfield $485,000
Listed by Coldwell Banker Residential Brokerage - Topsfield
Oct 1, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,484
  • Total Building Area: 1,858
  • Gross Building Area: 4,564
  • Building Area: 1,858
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,858
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD & BARBARA FLOOD
  • Land Acres: 0000001113
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0005 B:0048 L:0005
  • Block: 48
  • Lot: 5
  • Municipality: ROWLEY
  • Latitude: 42.6951
  • Longitude: -70.942

    Address

  • Full Address: 40 Tenney Rd
  • Address - House Number: 40
  • Address - Street Name: Tenney
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R001
  • 4-Digit Zip Code: 2515
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $882,500

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 716,041
  • High Value: 867,405
  • Low Value: 564,677

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $729,300
  • Assessed Land Value: $325,700
  • Assessed Improvements Value: $403,600

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211101003990
  • Previous Sale Recording Date: Sep 15, 2016
  • Previous Sale Amount: $490,000
  • Previous 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72034171

Frequently Asked Questions

When was property at 40 Tenney Road built and last sold?
The property at 40 Tenney Road was built in 1985 and last sold on Nov 1, 2021 for $635,000.
How much is this home worth?
The estimated value of the home located at 40 Tenney Road is $670,690.
What are some comparable homes to 40 Tenney Road?
There are currently no comparable homes to 40 Tenney Road.
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