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Essex 01969
450 Main St
$722,000
● House - Off Market

450 Main St

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,237 Ft²
$795,736
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Picture perfect cape! This 3 bed 3 bath Maine Post & Beam home has been lovingly cared for by the current owners for 30 years. There is over 3200 sq ft of flexible living space offering cathedral ceilings, hardwood flooring, kitchen with massive granite peninsula  opens to a huge family room, living room with a beautiful wood burning fireplace, skylights, 2 car garage and so many possibilities in the basement for shop, gym, playrooms, office space..    all of this on 1.4 acres of flat yard. Sellers are looking for a 60 day close. No Showings until Open House Offers if any are due by Tuesday March 30th at noon
Unit Size
3,237 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$207
Property Type
House
Property Taxes
$775
HOA Dues
-
Year Built
1985

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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: 5 years ago (MLSPIN #72802821)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed by Bentley's $669,000
Listed by Bentley's
Jun 28, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,871
  • Total Building Area: 3,237
  • Gross Building Area: 6,568
  • Building Area: 3,237
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,237
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001397
  • 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:0021 L:0014
  • Block: 21
  • Lot: 14
  • Municipality: ROWLEY
  • Latitude: 42.7309
  • Longitude: -70.8665

    Address

  • Full Address: 450 Main St
  • Address - House Number: 450
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1110
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $944,800

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 917,649
  • High Value: 1,061,651
  • Low Value: 773,646

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $780,800
  • Assessed Land Value: $288,800
  • Assessed Improvements Value: $492,000

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210528005470
  • Previous Sale Recording Date: Jun 28, 1991
  • Previous Sale Amount: $212,450
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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 years ago
Data Source: MLS PIN, MLS# 72802821

Frequently Asked Questions

When was property at 450 Main Street built and last sold?
The property at 450 Main Street was built in 1985 and last sold on May 28, 2021 for $722,000.
How much is this home worth?
The estimated value of the home located at 450 Main Street is $0.
What are some comparable homes to 450 Main Street?
There are currently no comparable homes to 450 Main Street.
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