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Essex 01969
441 (lot2) Main Street
$1,022,500
● House - Off Market

441 (lot2) Main Street

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,057 Ft²
$1,123,479
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

THE DOVER- NEW CONSTRUCTION HOME IDEALLY SET BACK ON COUNTRY ROAD. First floor features designer kitchen overlooking large family room, dining room, living room, study, mudroom and 1/2 bath .9-foot ceilings with many windows overlooking protected lands. Second floor features 4 bedrooms, laundry room and sitting area. 2 car attached garage and 12x10 deck complete the home. Located near the Kittery Ave neighborhood and just short drive to town or downtown Newburyport. Just minutes to commuter routes and many restaurants & shops.  MOVE IN READY
Unit Size
3,057 Ft²
Days on Market
-
Land Size
2.13 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #73025286)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Aug 14, 2022 Listed by Herrick Lutts Realty Partners $1,059,000
Listed by Herrick Lutts Realty Partners
Dec 24, 2021 Sold
Premium
Sold
Jan 29, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • 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: 92,670
  • Total Building Area: 3,026
  • Gross Building Area: 5,894
  • Building Area: 3,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,026
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002127
  • 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:0046 L:0002
  • Block: 46
  • Lot: 2
  • Municipality: ROWLEY
  • Latitude: 42.7301
  • Longitude: -70.8646

    Address

  • Full Address: 441 Main St
  • Address - House Number: 441
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1115
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,194,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $986,900
  • Assessed Land Value: $297,600
  • Assessed Improvements Value: $689,300

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221209002030
  • Previous Sale Recording Date: Dec 24, 2021
  • Previous Sale Contract Date: Dec 14, 2021
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73025286

Frequently Asked Questions

When was property at 441 Main Street built and last sold?
The property at 441 Main Street was built in 2022 and last sold on Dec 9, 2022 for $1,022,500.
How much is this home worth?
The estimated value of the home located at 441 Main Street is $1,073,528.
What are some comparable homes to 441 Main Street?
There are currently no comparable homes to 441 Main Street.
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