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Essex 01921
546 Ipswich Rd
$690,000
● House - Off Market

546 Ipswich Rd

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,242 Ft²
$675,197
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Single-level living in Boxford! Come see this well-maintained ranch that has been lived in by the same family for over 40 years! The eat-in kitchen has granite counters and recessed lighting with a door to a fenced side-yard.  The spacious living room has picture windows overlooking the yard and a fireplace flanked by bookshelves.  There are 4 bedrooms on the main level, including a master with extra-large closet and half bath, all with hardwood floors.  Downstairs is a bonus room with a fireplace, which will need new flooring to make it complete!  Plenty of storage, two-car garage, central a/c, generator hookup, newer systems, hardwood under carpet.  This is a great opportunity to move in and make this your own!
Unit Size
2,242 Ft²
Days on Market
-
Land Size
2.70 acres
Price per sqft
$303
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1965

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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: 6 months ago (MLSPIN #73135357)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 19, 2023 In contract -
In contract
Jul 12, 2023 Listed by Keller Williams Realty Evolution $679,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 113,256
  • Total Building Area: 1,618
  • Gross Building Area: 3,812
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:013 B:001 L:002
  • Block: 1
  • Lot: 2
  • Municipality: BOXFORD
  • Latitude: 42.6959
  • Longitude: -71.0608

    Address

  • Full Address: 546 Ipswich Rd
  • Address - House Number: 546
  • Address - Street Name: Ipswich
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1408
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,900

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 678,150
  • High Value: 783,263
  • Low Value: 573,038

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,700
  • Assessed Land Value: $405,900
  • Assessed Improvements Value: $194,800

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230828000750
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1387 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: 6 months ago
Data Source: MLS PIN, MLS# 73135357

Frequently Asked Questions

When was property at 546 Ipswich Road built and last sold?
The property at 546 Ipswich Road was built in 1965 and last sold on Aug 28, 2023 for $690,000.
How much is this home worth?
The estimated value of the home located at 546 Ipswich Road is $695,070.
What are some comparable homes to 546 Ipswich Road?
There are currently no comparable homes to 546 Ipswich Road.
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