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Essex
5 Fatherland Drive
Photo of 5 Fatherland Drive
Sold on Mar 8, 2007

1

Map

$605,000
● House - Off Market

5 Fatherland Drive

Newbury, MA 01922
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,965 Ft²
$1,100,044
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Launch your canoe or kayak into the Parker River from your backyard! Go fishing, skating or just enjoy the beauty of this private 1.8 acre lot in Fatherland Farms. Step into this 8 year young colonial and survey the quality construction- hardwood floors, crown molding, and more. Relax in the jacuzzi in the master bath, or sit by the fire in the family room. Entertain on your deck,3 season porch or in the expansive open floor plan. Not enough room? Consider finishing the basement or attic!
Unit Size
2,965 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$218
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1998

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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 #70476799)

Price History

Date / Event Date Event Price
Mar 13, 2015 Sold
Premium
Sold
Jan 6, 2015 Listed $649,900
Listed
Mar 9, 2007 Sold
Premium
Sold
Oct 17, 2006 Listed $644,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,534
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 3,301
  • Gross Building Area: 6,210
  • Building Area: 3,301
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,301
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • 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:0R18 B:0000 L:00028
  • Lot: 28
  • Municipality: NEWBURY
  • Latitude: 42.7463
  • Longitude: -70.9315

    Address

  • Full Address: 5 Fatherland Dr
  • Address - House Number: 5
  • Address - Street Name: Fatherland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1400
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $823,300

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,129,002
  • High Value: 1,302,027
  • Low Value: 955,977

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,072,000
  • Assessed Land Value: $359,300
  • Assessed Improvements Value: $712,700

    Sales

  • Current Sale Recording Date: Mar 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 559944
  • Previous Sale Recording Date: Mar 09, 2007
  • Previous Sale Amount: $605,000
  • Previous Sale Document Type: 48
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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70476799

Frequently Asked Questions

When was property at 5 Fatherland Drive built and last sold?
The property at 5 Fatherland Drive was built in 1998 and last sold on Jan 1, 1970 for $634,000.
How much is this home worth?
The estimated value of the home located at 5 Fatherland Drive is $655,865.
What are some comparable homes to 5 Fatherland Drive?
There are currently no comparable homes to 5 Fatherland Drive.
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