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Essex 01969
43 Fenno Drive
$440,500
● House - Off Market

43 Fenno Drive

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,030 Ft²
$900,863
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Colonial in quiet neighborhood w/ many updates.  Home features central air, natural gas heat, 4 bedrooms and an attached 3 car garage on huge double lot.  Lots of new or newer features (see attached list) Granite eat in kitchen w/ cherry cabinets.  Carpeted floors in dining and living rooms have hardwood under.  Full basement, den & heated/ac sunroom w/ sliders leading to backyard.  Room over garage and an attic.  Fantastic piece of property filled w/ oaks, maples & pines.
Unit Size
3,030 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$151
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1951

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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 #71499796)

Price History

Date / Event Date Event Price
Jun 13, 2013 Sold
Premium
Sold
Mar 27, 2013 Listed by Rowley Realty $459,000
Listed by Rowley Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 9
  • Basement Area: 1,346
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,227
  • Total Building Area: 2,980
  • Gross Building Area: 5,500
  • Building Area: 2,980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001497
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: ROWL M:0028 B:0029 L:0000
  • Block: 29
  • Municipality: ROWLEY
  • Latitude: 42.7316
  • Longitude: -70.8811

    Address

  • Full Address: 43 Fenno Dr
  • Address - House Number: 43
  • Address - Street Name: Fenno
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1009
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $863,300

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 822,216
  • High Value: 954,033
  • Low Value: 690,398

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $713,500
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $423,500

    Sales

  • Current Sale Recording Date: Jun 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 326
  • Previous Sale Recording Date: Oct 23, 2008
  • Previous 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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# 71499796

Frequently Asked Questions

When was property at 43 Fenno Drive built and last sold?
The property at 43 Fenno Drive was built in 1951 and last sold on Jan 1, 1970 for $440,500.
How much is this home worth?
The estimated value of the home located at 43 Fenno Drive is $496,950.
What are some comparable homes to 43 Fenno Drive?
There are currently no comparable homes to 43 Fenno Drive.
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