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Essex
53 Locust Street
$825,000
● House - Off Market

53 Locust Street

Middleton, MA 01949
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,500 Ft²
$1,460,831
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

" Warm and Inviting "  11 room, 4 Bedroom, 2.5 Bathroom, 2 Car Garage Custom Built Contemporary Hip-Roof Colonial on 2.8 acre lot close to Topsfield/Boxford Line.  Home Features 2-story Granite Foyer, Gourmet Kitchen with Maple "French Country" Cabinets, Center Island, Granite Counters, SS Viking 4-Burner Gas Range, Viking Wall-Oven, Thermador Refrigerator, & Custom Built-in Hutch, Large Vaulted Family Room with Gas Fireplace, Formal Dining Room/Living Room with Pillars, Hardwood & Tile Floors throughout 1st and 2nd Levels, Custom Designed Master-Bedroom Suite with Vaulted Sitting Room, 2 Walk-in Closets. Tiled Shower Stall, Jacuzzi Tub, and Double Granite Vanity, Wainscoting & Designer Crown Moldings, 1st Floor Office, 2nd Floor Laundry Room. "Attention to Detail"    " Great Home for Entertaining"
Unit Size
3,500 Ft²
Days on Market
-
Land Size
2.80 acres
Price per sqft
$240
Property Type
House
Property Taxes
$801
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #71823180)

Price History

Date / Event Date Event Price
Jun 25, 2015 Sold
Premium
Sold
Apr 23, 2015 Listed by Doyle Real Estate $838,900
Listed by Doyle Real Estate
Jun 12, 2003 Sold
Premium
Sold
May 2, 2003 Sold
Premium
Sold
Oct 14, 2002 Listed by Doyle Real Estate $695,000
Listed by Doyle Real Estate
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,632
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 122,038
  • Total Building Area: 3,326
  • Gross Building Area: 6,968
  • Building Area: 3,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,326
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002802
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212101

Zoning

  • Zoning: R1B

Geography

  • Account Number: 200227
  • Parcel: MIDD M:0020 B:0000 L:0016 E
  • Lot: 16 E
  • Municipality: MIDDLETON
  • Latitude: 42.6017
  • Longitude: -70.9793

    Address

  • Full Address: 53 Locust St
  • Address - House Number: 53
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Middleton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1215
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,385,800

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,246,851
  • High Value: 1,443,284
  • Low Value: 1,050,418

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,175,400
  • Assessed Land Value: $377,000
  • Assessed Improvements Value: $798,400

    Sales

  • Current Sale Recording Date: Jun 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 562897
  • Previous Sale Recording Date: May 02, 2003
  • Previous Sale Amount: $635,000
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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# 71823180

Frequently Asked Questions

When was property at 53 Locust Street built and last sold?
The property at 53 Locust Street was built in 2002 and last sold on Jan 1, 1970 for $825,000.
How much is this home worth?
The estimated value of the home located at 53 Locust Street is $863,037.
What are some comparable homes to 53 Locust Street?
There are currently no comparable homes to 53 Locust Street.
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