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Essex 01929
5 County Rd
$397,000
● House - Off Market

5 County Rd

Essex, MA 01929
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,089 Ft²
$754,177
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Charming Expanded Cape situated on a beautiful lot with lush green grass and mature plantings. Downstairs has a large family room with sliding glass doors which lead to a deck, 2 bedrooms, living room, kitchen and full bathroom.  Upstairs leads to 2 bedrooms with a full bathroom including double sinks. Both bathrooms have been fully updated.  Plenty of closets and storage space, large unfinished basement and 1 car garage.
Unit Size
2,089 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$203
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1961

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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: 4 months ago (MLSPIN #71909192)

Price History

Date / Event Date Event Price
Dec 11, 2015 Sold
Premium
Sold
Sep 23, 2015 Listed by Suffolk Real Estate, LLC $424,900
Listed by Suffolk Real Estate, LLC
May 5, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,009
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,416
  • Total Building Area: 2,089
  • Gross Building Area: 3,901
  • Building Area: 2,089
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,089
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000606
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • Census Tract: 222100

Zoning

  • Zoning: RS2

Geography

  • Account Number: 1072
  • Parcel: ESSE M:143 L:62
  • Lot: 62
  • Municipality: ESSEX
  • Latitude: 42.6243
  • Longitude: -70.8014

    Address

  • Full Address: 5 County Rd
  • Address - House Number: 5
  • Address - Street Name: County
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Essex
  • Carrier Code: R001
  • 4-Digit Zip Code: 1163
  • Zip Code: 01929

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $751,900

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 653,494
  • High Value: 753,795
  • Low Value: 553,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,700
  • Assessed Land Value: $324,000
  • Assessed Improvements Value: $217,700

    Sales

  • Current Sale Recording Date: Dec 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 549
  • Previous Sale Recording Date: May 05, 1994
  • Previous Sale Amount: $150,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71909192

Frequently Asked Questions

When was property at 5 County Road built and last sold?
The property at 5 County Road was built in 1961 and last sold on Jan 1, 1970 for $397,000.
How much is this home worth?
The estimated value of the home located at 5 County Road is $445,858.
What are some comparable homes to 5 County Road?
There are currently no comparable homes to 5 County Road.
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