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Essex 01938
44 Turnpike
$390,000
● House - Off Market

44 Turnpike

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$698,499
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

8 room 3 bedroom updated Colonial in Move in Condition. Newer eat in kitchen stainless steel appliances slider to nice deck. Gleaming hardwood floors, fireplace living room. finished basement with family room also features fireplace. Walk up attic. Over an acre lot, large level yard, big shed and plenty of parking. House is set  back from the road. Priced to sell. Must see.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$237
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1997

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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 #71964291)

Price History

Date / Event Date Event Price
May 6, 2016 Sold
Premium
Sold
Feb 28, 2016 Listed by Apex Realty Group, LLC $409,000
Listed by Apex Realty Group, LLC
Dec 23, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,728
  • Gross Building Area: 2,880
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • 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:38A B:0019 L:0
  • Block: 19
  • Municipality: IPSWICH
  • Latitude: 42.679
  • Longitude: -70.9223

    Address

  • Full Address: 44 Turnpike Rd
  • Address - House Number: 44
  • Address - Street Name: Turnpike
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1050
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $664,400

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 667,459
  • High Value: 782,626
  • Low Value: 552,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,800
  • Assessed Land Value: $252,900
  • Assessed Improvements Value: $330,900

    Sales

  • Current Sale Recording Date: May 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 399
  • Previous Sale Recording Date: Dec 23, 1996
  • Previous Sale Amount: $160,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 71964291

Frequently Asked Questions

When was property at 44 Turnpike Road built and last sold?
The property at 44 Turnpike Road was built in 1997 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 44 Turnpike Road is $426,693.
What are some comparable homes to 44 Turnpike Road?
There are currently no comparable homes to 44 Turnpike Road.
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