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Essex 01938
53 Farley Avenue
$635,000
● House - Off Market

53 Farley Avenue

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,381 Ft²
$1,145,434
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Well maintained center entrance Colonial. Hilltop setting on cul-de-sac with expansive treed views of the town. Open Concept.Front to back family room off eat-in kitchen with access to deck overlooking private backyard. 4 spacious bedrooms. Finished 3rd floor with additional family space. Beautiful plantings surround this home. In-town location. Town sewer. Commuter train to Boston. House is great for a growing family. No showings until Wednesday 5/27/15.
Unit Size
3,381 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$191
Property Type
House
Property Taxes
$683
HOA Dues
-
Year Built
1994

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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 #71842608)

Price History

Date / Event Date Event Price
Jul 30, 2015 Sold
Premium
Sold
May 25, 2015 Listed by J. Barrett & Company $645,000
Listed by J. Barrett & Company
Dec 4, 2001 Sold
Premium
Sold
Sep 6, 2001 Listed by J. Barrett & Company $499,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,372
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 3,381
  • Gross Building Area: 5,496
  • Building Area: 3,381
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,381
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001140
  • 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:41A B:0039 L:0
  • Block: 39
  • Municipality: IPSWICH
  • Latitude: 42.6803
  • Longitude: -70.8512

    Address

  • Full Address: 53 Farley Ave
  • Address - House Number: 53
  • Address - Street Name: Farley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C009
  • 4-Digit Zip Code: 2042
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,215,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,101,738
  • High Value: 1,275,072
  • Low Value: 928,404

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,068,200
  • Assessed Land Value: $415,900
  • Assessed Improvements Value: $652,300

    Sales

  • Current Sale Recording Date: Jul 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 253
  • Previous Sale Recording Date: Dec 04, 2001
  • Previous Sale Amount: $492,500
  • 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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71842608

Frequently Asked Questions

When was property at 53 Farley Avenue built and last sold?
The property at 53 Farley Avenue was built in 1994 and last sold on Jan 1, 1970 for $635,000.
How much is this home worth?
The estimated value of the home located at 53 Farley Avenue is $678,451.
What are some comparable homes to 53 Farley Avenue?
There are currently no comparable homes to 53 Farley Avenue.
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