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Ipswich 01938
41 Caroline Avenue
$660,000
● House - Off Market

41 Caroline Avenue

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,913 Ft²
$674,985
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This 4 bedroom home with room for expansion is close to downtown and the train station. The kitchen features soapstone counters, quarter-sawn oak cabinets, and the original hardwood floor and opens out onto a patio. A full addition including 3 bedrooms, full bathroom, laundry room, large 2 car garage, and full attic was added in 1993. The 4th bedroom and a bonus room are on the 2nd floor both with skylights to capture the rising and setting sunshine. The bonus room opens into a huge 28" x 30' attic that could be finished. There is a full dry basement. The yard features established perennial gardens, a patio, deck and fire pit.  This home is ready for many new family memories! Ipswich offers beaches, open space, restaurants, YMCA, parks, shops and many activities. Seller will entertain all offers. Reduced $46,000!!
Unit Size
1,913 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$339
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1948

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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 #73005801)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by J. Barrett & Company $649,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,698
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,998
  • Total Building Area: 1,913
  • Gross Building Area: 5,322
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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: 223200

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:41B B:079A L:0
  • Block: 79A
  • Municipality: IPSWICH
  • Latitude: 42.6802
  • Longitude: -70.8473

    Address

  • Full Address: 41 Caroline Ave
  • Address - House Number: 41
  • Address - Street Name: Caroline
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 1712
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $746,800

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 674,521
  • High Value: 788,571
  • Low Value: 560,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $656,200
  • Assessed Land Value: $309,500
  • Assessed Improvements Value: $346,700

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 265
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 Ipswich

Stats & Trends

Median Asking:

$684,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1733 ft²

Average Home Age

79.1 years

Currently For Sale

17 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: 5 months ago
Data Source: MLS PIN, MLS# 73005801

Frequently Asked Questions

When was property at 41 Caroline Avenue built and last sold?
The property at 41 Caroline Avenue was built in 1948 and last sold on Sep 15, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 41 Caroline Avenue is $659,130.
What are some comparable homes to 41 Caroline Avenue?
There are currently no comparable homes to 41 Caroline Avenue.
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