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Essex 01921
45 Towne Rd.
$707,000
● House - Off Market

45 Towne Rd.

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,427 Ft²
$1,309,784
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Classic Royal Barry Will's Cape in one of E. Boxford's most distinguished neighborhoods.  Expansive single floor plan and multi-level living. Custom eat-in-kitchen, formal dining room leads to spacious living room with fireplace, den with built-in cabinets and a raised hearth fireplace, large master suite with custom closets and full bath.  Lower level completed finished, ideal for au-pair or extended family.  Central air, hardwood floors throughout, underground sprinkler system, 2-car attached garage with storage.  Serene setting with professionally landscaped yard.  Parcel includes lots 43 & 27 with subdivision possibilities.
Unit Size
4,427 Ft²
Days on Market
-
Land Size
4.17 acres
Price per sqft
$168
Property Type
House
Property Taxes
$1,081
HOA Dues
-
Year Built
1971

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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 #71915373)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 27, 2021 Listed by The Martin Group, Inc. $1,195,000
Listed by The Martin Group, Inc.
Dec 4, 2015 Sold
Premium
Sold
Oct 6, 2015 Listed by The Martin Group, Inc. $745,000
Listed by The Martin Group, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 87,120
  • Total Building Area: 3,227
  • Gross Building Area: 7,687
  • Building Area: 3,227
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,227
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:031 B:003 L:007
  • Block: 3
  • Lot: 7
  • Municipality: BOXFORD
  • Latitude: 42.6587
  • Longitude: -71.0232

    Address

  • Full Address: 45 Towne Rd
  • Address - House Number: 45
  • Address - Street Name: Towne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R006
  • 4-Digit Zip Code: 2233
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,166,800

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 1,223,522
  • High Value: 1,321,292
  • Low Value: 1,125,753

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $894,100
  • Assessed Land Value: $419,900
  • Assessed Improvements Value: $474,200

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211119001120
  • Previous Sale Recording Date: Dec 04, 2015
  • Previous Sale Amount: $707,000
  • Previous Sale Document Type: O
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# 71915373

Frequently Asked Questions

When was property at 45 Towne Road built and last sold?
The property at 45 Towne Road was built in 1971 and last sold on Nov 5, 2021 for $1,195,000.
How much is this home worth?
The estimated value of the home located at 45 Towne Road is $1,213,457.
What are some comparable homes to 45 Towne Road?
There are currently no comparable homes to 45 Towne Road.
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