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Essex 01951
5 6th St
$429,000
● House - Off Market

5 6th St

Newbury, MA 01951
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$627,956
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

This charming, immaculate cottage is just 50 steps to the beach!  Two bedrooms and one bath.  Open concept living room and dining room with wood burning fireplace make this cottage enjoyable for all seasons!  With a fabulous fenced in yard and steps down to private deck or enjoy the bright sunshine and salt air breezes from the other deck!  A shed allows for storing the summer season beach chairs.  Generous sized basement with laundry and additional storage and and walking distance to Plum Island restaurants and shops make this the perfect summer, year round or investment home!  Don't miss your chance!
Unit Size
720 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$596
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1946

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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: 6 months ago (MLSPIN #72556712)

Price History

Date / Event Date Event Price
Nov 13, 2019 Sold
Premium
Sold
Aug 30, 2019 Listed by Bentley's $429,000
Listed by Bentley's
May 14, 2012 Sold
Premium
Sold
Nov 11, 2011 Listed by Bentley's $239,000
Listed by Bentley's

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • 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: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,643
  • Total Building Area: 720
  • Gross Building Area: 2,026
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 720
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLUM ISLAND BCH CO SECS 01 & 0
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0U02 B:0000 L:00217
  • Lot: 217
  • Municipality: NEWBURY
  • Latitude: 42.8
  • Longitude: -70.81

    Address

  • Full Address: 5 6th St
  • Address - House Number: 5
  • Address - Street Name: 6th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 1906
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,500

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 687,557
  • High Value: 798,617
  • Low Value: 576,497

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,600
  • Assessed Land Value: $418,100
  • Assessed Improvements Value: $181,500

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191113004290
  • Previous Sale Recording Date: May 14, 2012
  • Previous Sale Amount: $240,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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: 6 months ago
Data Source: MLS PIN, MLS# 72556712

Frequently Asked Questions

When was property at 5 6th Street built and last sold?
The property at 5 6th Street was built in 1946 and last sold on Nov 1, 2019 for $429,000.
How much is this home worth?
The estimated value of the home located at 5 6th Street is $419,389.
What are some comparable homes to 5 6th Street?
There are currently no comparable homes to 5 6th Street.
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