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Ipswich 01938
5 Linebrook Rd
$360,000
● House - Off Market

5 Linebrook Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,562 Ft²
$696,425
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Charming yet updated 1830 3BR Cape situated in the town village, only minutes from commuter rail, amenities and schools. Zagat-rated restaurants, shops, and Ipswich Riverwalk within walking distance. Preferred access to Crane Beach w/ town resident beach sticker. Updated Kitchen, architectural details, 2 fireplaces, mudroom side entry, and all season room leading to rear deck & yard. Easy access to golf courses, fine dining, historic sites, river and ocean. Kayak/canoe/hike/bike/horseback through multiple State/Forest Parks & conservation areas (TTOR, Essex Greenbelt, town public lands). Less than 1 hr to Boston by rail on Newburyport MBTA line. Great opportunity for downsize or first time home buyer seeking to live in vibrant, premier North Shore community.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$240
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1830

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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 #71716967)

Price History

Date / Event Date Event Price
Aug 29, 2014 Sold
Premium
Sold
Jul 21, 2014 Listed by Keller Williams Realty $374,900
Listed by Keller Williams Realty
Nov 22, 1999 Sold
Premium
Sold
Sep 18, 1999 Listed by Keller Williams Realty $209,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,059
  • Total Building Area: 1,562
  • Gross Building Area: 2,939
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 04 FRANKLIN ST
  • Land Acres: 0000000185
  • 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: 223200

Zoning

  • Zoning: GB

Geography

  • Parcel: IPSW M:30D B:0145 L:0
  • Block: 145
  • Municipality: IPSWICH
  • Latitude: 42.6843
  • Longitude: -70.845

    Address

  • Full Address: 5 Linebrook Rd
  • Address - House Number: 5
  • Address - Street Name: Linebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 2901
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2124
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 645,409
  • High Value: 782,525
  • Low Value: 508,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,100
  • Assessed Land Value: $269,900
  • Assessed Improvements Value: $255,200

    Sales

  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82900303
  • Previous Sale Recording Date: Nov 22, 1999
  • Previous Sale Amount: $209,000
  • 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 Ipswich

Stats & Trends

Median Asking:

$699,500

Sale Price/ft²

$442

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1616 ft²

Average Home Age

98.9 years

Currently For Sale

18 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# 71716967

Frequently Asked Questions

When was property at 5 Linebrook Road built and last sold?
The property at 5 Linebrook Road was built in 1830 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 5 Linebrook Road is $390,371.
What are some comparable homes to 5 Linebrook Road?
There are currently no comparable homes to 5 Linebrook Road.
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