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Essex 01938
5 Hillside Road
Photo of 5 Hillside Road

1

Map

$725,000
● House - Off Market

5 Hillside Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,346 Ft²
$3,985
Est. Monthly

About This Property

Fabulous Great Neck home with breathtaking water views of Steep Hill & Pavilion beaches and distant views of Plum Island.  This pristine 3 bedroom, 2 full bath handicapped accessible open concept home offers great living and entertainment space.  Walls of glass surround cathedral ceiling living room that opens up into a wonderful dining space and granite kitchen.  Wrap around decks include a custom designed private sun bathing spot.  Enjoy the benefits of Ipswich this summer!
Unit Size
1,346 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$539
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1945

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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: 2 months ago (MLSPIN #71197184)

Price History

Date / Event Date Event Price
May 23, 2013 Sold
Premium
Sold
Feb 24, 2013 Listed by J. Barrett & Company $655,000
Listed by J. Barrett & Company
Mar 8, 2011 Listed by J. Barrett & Company $725,000
Listed by J. Barrett & Company
Mar 30, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 847
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,901
  • Total Building Area: 1,346
  • Gross Building Area: 3,031
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: 223100

Zoning

  • Zoning: RRB

Geography

  • Parcel: IPSW M:24A B:0045 L:0
  • Block: 45
  • Municipality: IPSWICH
  • Latitude: 42.6998
  • Longitude: -70.7935

    Address

  • Full Address: 5 Hillside Rd
  • Address - House Number: 5
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R001
  • 4-Digit Zip Code: 2820
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $989,600

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,024,281
  • High Value: 1,184,605
  • Low Value: 863,957

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $869,600
  • Assessed Land Value: $527,400
  • Assessed Improvements Value: $342,200

    Sales

  • Current Sale Recording Date: May 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Mar 30, 1995
  • Previous Sale Amount: $120,000
  • 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: 2 months ago
Data Source: MLS PIN, MLS# 71197184

Frequently Asked Questions

When was property at 5 Hillside Road built and last sold?
The property at 5 Hillside Road was built in 1945 and last sold on Jan 1, 1970 for $608,000.
How much is this home worth?
The estimated value of the home located at 5 Hillside Road is $652,647.
What are some comparable homes to 5 Hillside Road?
There are currently no comparable homes to 5 Hillside Road.
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