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Essex 01938
5 Hickory Lane
Photo of 5 Hickory Lane
Sold on Jun 24, 2005

1

Map

$634,900
● House - Off Market

5 Hickory Lane

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,386 Ft²
$1,141,859
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

Beautiful 3 plus bedroom Colonial on over one acre wooded lot. A well maintained home with great attention to detail. Great family neighborhood close to both Rt. 1 & Rt. 95. First showing @ open house Sunday April 3rd. 1-3pm.
Unit Size
2,386 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$268
Property Type
House
Property Taxes
$396
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 #70163881)

Price History

Date / Event Date Event Price
Jun 24, 2005 Sold
Premium
Sold
Mar 29, 2005 Listed $639,900
Listed
Jun 25, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,348
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 2,386
  • Gross Building Area: 5,558
  • Building Area: 2,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:38C B:0026 L:0
  • Block: 26
  • Municipality: IPSWICH
  • Latitude: 42.6747
  • Longitude: -70.925

    Address

  • Full Address: 5 Hickory Ln
  • Address - House Number: 5
  • Address - Street Name: Hickory
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1069
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,039,900

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,014,562
  • High Value: 1,174,180
  • Low Value: 854,943

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $913,800
  • Assessed Land Value: $327,200
  • Assessed Improvements Value: $586,600

    Sales

  • Current Sale Recording Date: Jun 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 25, 2001
  • Previous Sale Amount: $490,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70163881

Frequently Asked Questions

When was property at 5 Hickory Lane built and last sold?
The property at 5 Hickory Lane was built in 1998 and last sold on Jan 1, 1970 for $634,900.
How much is this home worth?
The estimated value of the home located at 5 Hickory Lane is $662,677.
What are some comparable homes to 5 Hickory Lane?
There are currently no comparable homes to 5 Hickory Lane.
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