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Essex 01921
40B Joseph Smith Lane
$589,000
● House - Off Market

40B Joseph Smith Lane

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,790 Ft²
$1,271,276
RealtyHop Estimate
115.84%
Since Nov 1, 2002
MA-Boston
Primary Model

About This Property

MOST PICTURESQUE EXPANDED CAPE W/THE BEST OF BOTH, S CUL-DE- SAC NEIGHBORHOOD ON 8 PRIV AC. KIT OPENS TO FP FR. FIRST FLR MASTER. TERRIFIC FIN LL W/ADDITIONAL 1000+ SF. HW FLOORS. CUSTOM BUILT-INS. LOVELY DETAIL.
Unit Size
2,790 Ft²
Days on Market
-
Land Size
8.03 acres
Price per sqft
$211
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1996

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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: 5 years ago (MLSPIN #30586572)

Price History

Date / Event Date Event Price
May 28, 2013 Sold
Premium
Sold
Sep 10, 2012 Listed by Carpenito Real Estate, Inc. $559,900
Listed by Carpenito Real Estate, Inc.
Oct 30, 2002 Sold
Premium
Sold
Mar 9, 2002 Listed by Carpenito Real Estate, Inc. $589,000
Listed by Carpenito Real Estate, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 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: 349,787
  • Total Building Area: 2,515
  • Gross Building Area: 5,798
  • Building Area: 2,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,515
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:034 B:001 L:004.3
  • Block: 1
  • Lot: 4.3
  • Municipality: BOXFORD
  • Latitude: 42.653
  • Longitude: -70.9733

    Address

  • Full Address: 40b Joseph Smith Way
  • Address - House Number: 40b
  • Address - Street Name: Joseph Smith
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Boxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 2400
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,227,000

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 1,014,297
  • High Value: 1,170,571
  • Low Value: 858,022

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $940,200
  • Assessed Land Value: $446,900
  • Assessed Improvements Value: $493,300

    Sales

  • Current Sale Recording Date: May 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 501
  • Previous Sale Recording Date: Oct 30, 2002
  • Previous Sale Amount: $589,000
  • Previous Sale Document Type: 27
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

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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 years ago
Data Source: MLS PIN, MLS# 30586572

Frequently Asked Questions

When was property at 40B Joseph Smith Way built and last sold?
The property at 40B Joseph Smith Way was built in 1996 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 40B Joseph Smith Way is $584,200.
What are some comparable homes to 40B Joseph Smith Way?
There are currently no comparable homes to 40B Joseph Smith Way.
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