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Essex 01938
48 Plover Hill Rd
$632,000
● House - Off Market

48 Plover Hill Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,297 Ft²
$1,245,721
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

This 3 bedroom Cape has been lovingly cared for with many updates like roof and furnace. Ready for immediate occupancy. Passive solar home with a picturesque setting surrounded by perennial gardens, fruit trees, on over an acre of land. Open concept living. Cozy in winter around wood stove or in summer on over sized covered deck which overlooks year round marsh and river views and woodlands. Finished basement adds more living space. Not many homes on Great Neck with 2 car garage. Near private resident beach. Clamming, fishing, and open space trails. Nature at it's best!
Unit Size
2,297 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$278
Property Type
House
Property Taxes
$597
HOA Dues
$30
Year Built
1984

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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 #71544267)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Oct 11, 2013 Sold
Premium
Sold
Jun 19, 2013 Listed by J. Barrett & Company $639,000
Listed by J. Barrett & Company

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,340
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 2,420
  • Gross Building Area: 4,612
  • Building Area: 2,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH
  • Land Acres: 0000001140
  • 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: 223100

Zoning

  • Zoning: RRB

Geography

  • Parcel: IPSW M:23B B:074A L:0
  • Block: 74A
  • Municipality: IPSWICH
  • Latitude: 42.7013
  • Longitude: -70.8021

    Address

  • Full Address: 48 Plover Hill Rd
  • Address - House Number: 48
  • Address - Street Name: Plover Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 2838
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,254,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 789,698
  • High Value: 923,012
  • Low Value: 656,384

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,102,700
  • Assessed Land Value: $568,400
  • Assessed Improvements Value: $534,300

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240223002420
  • Previous Sale Recording Date: May 22, 2018
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71544267

Frequently Asked Questions

When was property at 48 Plover Hill Road built and last sold?
The property at 48 Plover Hill Road was built in 1984 and last sold on Feb 22, 2024 for $203,180.
How much is this home worth?
The estimated value of the home located at 48 Plover Hill Road is $660,871.
What are some comparable homes to 48 Plover Hill Road?
There are currently no comparable homes to 48 Plover Hill Road.
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