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Ipswich 01938
42 High St
$287,000
● House - Off Market

42 High St

Ipswich, MA 01938
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,710 Ft²
$360,501
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Great opportunity to restore this spacious Antique home in a historic section of Ipswich.  Property has a ton of charm and sits on a pretty lot.  Great commuter location. Sales price must meet full list price, no seller concession. Buyers to assume all costs and responsibilities to have utilities turned on. Seller will not provide smoke certificate.. All cash offers must have 10% EMD within 48 hours of accepted offer with no changes to the sellers addendum's. Property is being sold "as is" Property is sold subject to HUD 24 CFR 206.125
Unit Size
1,710 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$119
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1740

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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 months ago (MLSPIN #71850675)

Price History

Date / Event Date Event Price
Jul 17, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Century 21 North Shore/Fermin Group $203,000
Listed by Century 21 North Shore/Fermin Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1740
  • Effective Year Built: 1740
  • 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: 27
  • 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: 7
  • Basement Area: 763
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 1,612
  • Gross Building Area: 2,764
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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:30D B:0032 L:0
  • Block: 32
  • Municipality: IPSWICH
  • Latitude: 42.6838
  • Longitude: -70.8407

    Address

  • Full Address: 42 High St
  • Address - House Number: 42
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1946
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $638,600

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 635,343
  • High Value: 744,968
  • Low Value: 525,719

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,200
  • Assessed Land Value: $267,000
  • Assessed Improvements Value: $294,200

    Sales

  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 281
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:

$699,000

Sale Price/ft²

$448

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1706 ft²

Average Home Age

87.3 years

Currently For Sale

19 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: 5 months ago
Data Source: MLS PIN, MLS# 71850675

Frequently Asked Questions

When was property at 42 High Street built and last sold?
The property at 42 High Street was built in 1740 and last sold on Jan 1, 1970 for $287,000.
How much is this home worth?
The estimated value of the home located at 42 High Street is $239,968.
What are some comparable homes to 42 High Street?
There are currently no comparable homes to 42 High Street.
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