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Essex 01938
43 Farley Ave
Photo of 43 Farley Ave
Sold on Nov 20, 2009

1

Map

$336,500
● House - Off Market

43 Farley Ave

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,086 Ft²
$718,104
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Excellent condition, location and price! Beautifully maintained Ranch towards end of cul de sac. Level yard, town water and sewer. 5 year young roof. Exterior Painted in spring of 09. Kitchen counter tops and flooring replaced 6 years ago. Plaster walls, gleaming hardwood floors. Garage can be used as Florida room with screen doors and access to large Deck. Most windows replaced with vinyl tilt ins. Full finished, heated basement with office and workshop. Walk to Town & Train. Attic storage.
Unit Size
2,086 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$163
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1960

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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 #70988787)

Price History

Date / Event Date Event Price
Nov 20, 2009 Sold
Premium
Sold
Oct 13, 2009 Listed $339,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,264
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,169
  • Total Building Area: 2,086
  • Gross Building Area: 3,102
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEORGE E & SYLVANUS C FARLEY
  • Land Acres: 0000000256
  • 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: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:41B B:012C L:0
  • Block: 12C
  • Municipality: IPSWICH
  • Latitude: 42.6791
  • Longitude: -70.8499

    Address

  • Full Address: 43 Farley Ave
  • Address - House Number: 43
  • Address - Street Name: Farley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C009
  • 4-Digit Zip Code: 2042
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $625,300

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 698,371
  • High Value: 818,751
  • Low Value: 577,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,500
  • Assessed Land Value: $304,600
  • Assessed Improvements Value: $244,900

    Sales

  • Current Sale Recording Date: Nov 20, 2009
  • Current Sale Price:
    Premium
  • Current 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

2527 ft²

Average Home Age

71.9 years

Currently For Sale

1487 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# 70988787

Frequently Asked Questions

When was property at 43 Farley Avenue built and last sold?
The property at 43 Farley Avenue was built in 1960 and last sold on Jan 1, 1970 for $336,500.
How much is this home worth?
The estimated value of the home located at 43 Farley Avenue is $368,503.
What are some comparable homes to 43 Farley Avenue?
There are currently no comparable homes to 43 Farley Avenue.
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