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Essex
44 Proctor
Photo of 44 Proctor
Sold on Oct 14, 2009

1

Map

$2,250,000
● House - Off Market

44 Proctor

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,403 Ft²
$5,603,353
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Situated on Smith's Point on 2+/- acres and nestled in the woods sits this Victorian, shingle-style carriage house.  The residence built in c1900 currently features harbour views from the second floor comprised of four bedrooms, a dining room, a sun-room  as well as an attached nine car garage and workshop below.   This offering includes access to a private, white, sandy beach and deep water dock association.   Approved five bedroom septic system design and potential mooring.
Unit Size
2,403 Ft²
Days on Market
-
Land Size
2.06 acres
Price per sqft
$1,122
Property Type
House
Property Taxes
$8,333
HOA Dues
-
Year Built
-

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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 #70937589)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
May 28, 2021 Listed $6,450,000
Listed
Oct 14, 2009 Sold
Premium
Sold
Apr 28, 2009 Listed $2,695,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 2
  • 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: 90,056
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 22
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002067
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

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

Zoning

  • Zoning: E

Geography

  • District: 166
  • Parcel: MANC M:0019 B:0000 L:0025
  • Lot: 25
  • Municipality: MANCHESTER
  • Latitude: 42.5646
  • Longitude: -70.7747

    Address

  • Full Address: 44 Proctor St
  • Address - House Number: 44
  • Address - Street Name: Proctor
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1446
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,958,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $6,373,100
  • Assessed Land Value: $4,046,100
  • Assessed Improvements Value: $2,327,000

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210709001520
  • Previous Sale Recording Date: Oct 14, 2009
  • Previous Sale Amount: $2,250,000
  • 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

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# 70937589

Frequently Asked Questions

When was property at 44 Proctor Street built and last sold?
The property at 44 Proctor Street was built in and last sold on Jul 7, 2021 for $6,450,000.
How much is this home worth?
The estimated value of the home located at 44 Proctor Street is $6,179,656.
What are some comparable homes to 44 Proctor Street?
There are currently no comparable homes to 44 Proctor Street.
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