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Essex
5 Burley Rd
$555,000
● House - Off Market

5 Burley Rd

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$947,490
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

Three bedroom colonial situated on 1 acre of flat green grass with large barn and attached garage. This bright and sunny home is equipped with a new kitchen with all the upgrades.  Hardwood floors throughout the home, two decks and one covered porch perfect for entertaining.  New Buderus furnace, new water heater and upgraded 200 amp electrical service.  Spacious post and beam barn with two levels awaits your personal touch.  Partially finished basement with laundry room. Well maintained home ready for a new owner.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$311
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1958

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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 months ago (MLSPIN #71955203)

Price History

Date / Event Date Event Price
Apr 15, 2016 Sold
Premium
Sold
Feb 3, 2016 Listed by Mariano Smith & Co. $560,000
Listed by Mariano Smith & Co.
Aug 14, 2008 Sold
Premium
Sold
Jun 3, 2008 Listed by Mariano Smith & Co. $519,000
Listed by Mariano Smith & Co.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,754
  • Gross Building Area: 3,425
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 933
  • Parcel: WENH M:23 L:25
  • Lot: 25
  • Municipality: WENHAM
  • Latitude: 42.5973
  • Longitude: -70.925

    Address

  • Full Address: 5 Burley St
  • Address - House Number: 5
  • Address - Street Name: Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1904
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127,800

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 624,429
  • High Value: 743,041
  • Low Value: 505,816

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $650,000
  • Assessed Land Value: $438,200
  • Assessed Improvements Value: $211,800

    Sales

  • Current Sale Recording Date: Apr 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 564
  • Previous Sale Recording Date: Aug 14, 2008
  • Previous Sale Amount: $485,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2548 ft²

Average Home Age

72.1 years

Currently For Sale

1451 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 months ago
Data Source: MLS PIN, MLS# 71955203

Frequently Asked Questions

When was property at 5 Burley Street built and last sold?
The property at 5 Burley Street was built in 1958 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 5 Burley Street is $571,935.
What are some comparable homes to 5 Burley Street?
There are currently no comparable homes to 5 Burley Street.
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