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Essex
41 Walker
$375,000
● Land - Off Market

41 Walker

Manchester, MA 01944
bedrooms
Studio
bathrooms
0 Bath
$730,644
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

This is a beautiful level lot, located on a desirable tree line street in an area of quality built homes. A rare find in Manchester. Bring your plans and build your dream house in this wonderful community of Manchester by-the-Sea and enjoy all this community has to offer. Call for more details.
Unit Size
-
Days on Market
-
Land Size
0.66 acres
Price per sqft
-
Property Type
Land
Property Taxes
$158
HOA Dues
-
Year Built
2016

Payment Calculator

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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 #71634837)

Price History

Date / Event Date Event Price
Oct 7, 2016 Sold
Premium
Sold
Oct 27, 2014 Sold
Premium
Sold
Feb 19, 2014 Listed by Coldwell Banker Residential Brokerage - Manchester $400,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,897
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,371
  • Total Building Area: 4,246
  • Gross Building Area: 7,293
  • Building Area: 4,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,246
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000651
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0032 B:0000 L:0041
  • Lot: 41
  • Municipality: MANCHESTER
  • Latitude: 42.5793
  • Longitude: -70.7875

    Address

  • Full Address: 41 Walker Rd
  • Address - House Number: 41
  • Address - Street Name: Walker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1032
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,737,200

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 2,170,115
  • High Value: 2,442,304
  • Low Value: 1,897,925

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,858,000
  • Assessed Land Value: $470,200
  • Assessed Improvements Value: $1,387,800

    Sales

  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 591
  • Previous Sale Recording Date: Oct 07, 2016
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71634837

Frequently Asked Questions

When was property at 41 Walker Road built and last sold?
The property at 41 Walker Road was built in 2016 and last sold on Jan 1, 1970 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 41 Walker Road is $404,000.
What are some comparable homes to 41 Walker Road?
There are currently no comparable homes to 41 Walker Road.
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