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Amesbury Town 01913
494 Main Street
$261,500
● House - Off Market

494 Main Street

Amesbury, MA 01913
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,473 Ft²
$1,066,820
RealtyHop Estimate
281.14%
Since Dec 1, 1995
National-US
Primary Model

About This Property

LOCATION! LOCATION! PICTURE PERFECT SETTING IN SUPERB POINT SHORE LOCATION WITH SPARKLING WATER VIEWS. WATCH THE BOATS ON THE MERRIMAC FROM FRONT PORCH. LARGE LEVEL LOT. CHARMING COLONIAL WITH CONTEMPORARY FLAIR IN EXCELLENT CONDITION.
Unit Size
2,473 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$113
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1897

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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 years ago (MLSPIN #30065239)

Price History

Date / Event Date Event Price
Oct 30, 1995 Sold
Premium
Sold
Aug 28, 1995 Listed by Dewolfe-Newburyport $279,900
Listed by Dewolfe-Newburyport
Oct 1, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 1,071
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 28,384
  • Total Building Area: 2,521
  • Gross Building Area: 5,422
  • Building Area: 2,521
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,521
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000652
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266300

Zoning

  • Zoning: R20

Geography

  • Parcel: AMES M:90 B:0045
  • Block: 45
  • Municipality: AMESBURY
  • Latitude: 42.8397
  • Longitude: -70.9117

    Address

  • Full Address: 494 Main St
  • Address - House Number: 494
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 4211
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,564,800

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 1,001,594
  • High Value: 1,206,502
  • Low Value: 796,687

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,000,500
  • Assessed Land Value: $561,900
  • Assessed Improvements Value: $438,600

    Sales

  • Current Sale Recording Date: Oct 30, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 01, 1993
  • Previous Sale Amount: $177,400
  • 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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2091 ft²

Average Home Age

82.3 years

Currently For Sale

43 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 years ago
Data Source: MLS PIN, MLS# 30065239

Frequently Asked Questions

When was property at 494 Main Street built and last sold?
The property at 494 Main Street was built in 1897 and last sold on Jan 1, 1970 for $261,500.
How much is this home worth?
The estimated value of the home located at 494 Main Street is $312,347.
What are some comparable homes to 494 Main Street?
There are currently no comparable homes to 494 Main Street.
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