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Essex 01969
423 Main Street
$427,000
● House - Off Market

423 Main Street

Rowley, MA 01969
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,698 Ft²
$642,912
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Absolutely adorable turnkey Colonial which backs up to some conservation land. Two bedrooms, 1.5 baths with a terrific finished 3rd floor. Open concept first floor with hardwood flooring, updated kitchen, new appliances and gas fireplace. Owners have made many wise improvements in the last 2 years, come see for yourself!     OPEN SATURDAY 7/28 FROM - 1:30-3:00  OPEN SUNDAY 7/29 FROM - 12:00-2:00
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$250
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
2001

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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 #72369554)

Price History

Date / Event Date Event Price
Sep 21, 2018 Sold
Premium
Sold
Jul 27, 2018 Listed by Windhill Realty, LLC $425,000
Listed by Windhill Realty, LLC
Aug 26, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by Windhill Realty, LLC $399,997
Listed by Windhill Realty, LLC
Oct 17, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 10,000
  • Total Building Area: 1,698
  • Gross Building Area: 3,172
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: ROWL M:0027 B:0049 L:0000
  • Block: 49
  • Municipality: ROWLEY
  • Latitude: 42.7286
  • Longitude: -70.8652

    Address

  • Full Address: 423 Main St
  • Address - House Number: 423
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1207
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,000

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 452,672
  • High Value: 525,244
  • Low Value: 380,099

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,000
  • Assessed Land Value: $216,100
  • Assessed Improvements Value: $321,900

    Sales

  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180921001630
  • Previous Sale Recording Date: Aug 26, 2016
  • Previous Sale Contract Date: Jul 28, 2016
  • Previous Sale Amount: $385,900
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 72369554

Frequently Asked Questions

When was property at 423 Main Street built and last sold?
The property at 423 Main Street was built in 2001 and last sold on Jan 1, 1970 for $427,000.
How much is this home worth?
The estimated value of the home located at 423 Main Street is $441,315.
What are some comparable homes to 423 Main Street?
There are currently no comparable homes to 423 Main Street.
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