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Essex 01969
48 Trowbridge Circle
$435,000
● House - Off Market

48 Trowbridge Circle

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,036 Ft²
$754,010
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Wonderful 3 bedroom 2 bath center entrance colonial in sought after neighborhood close to major routes. Front to back living room with wood burning fire place framed by custom mantle.  Family friendly eat-in kitchen with table area and center island.  Sliders provide sunshine and a view to the peaceful surroundings. The family room is just off the kitchen and provides picture windows, cathedral ceilings, and hardwood floors.  Located on a quiet cul-de-sac.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$209
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1991

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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 #71912565)

Price History

Date / Event Date Event Price
Nov 13, 2015 Sold
Premium
Sold
Sep 30, 2015 Listed by RE/MAX Partners $425,000
Listed by RE/MAX Partners
Sep 27, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,823
  • Total Building Area: 2,036
  • Gross Building Area: 3,844
  • Building Area: 2,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001052
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0014 B:0009 L:0010
  • Block: 9
  • Lot: 10
  • Municipality: ROWLEY
  • Latitude: 42.7027
  • Longitude: -70.8972

    Address

  • Full Address: 48 Trowbridge Cir
  • Address - House Number: 48
  • Address - Street Name: Trowbridge
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 2127
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $876,300

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 825,069
  • High Value: 954,730
  • Low Value: 695,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,200
  • Assessed Land Value: $327,800
  • Assessed Improvements Value: $396,400

    Sales

  • Current Sale Recording Date: Nov 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150
  • Previous Sale Recording Date: Sep 27, 1991
  • Previous Sale Amount: $69,000
  • 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# 71912565

Frequently Asked Questions

When was property at 48 Trowbridge Circle built and last sold?
The property at 48 Trowbridge Circle was built in 1991 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 48 Trowbridge Circle is $451,284.
What are some comparable homes to 48 Trowbridge Circle?
There are currently no comparable homes to 48 Trowbridge Circle.
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