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Essex
56 Fruit St
$525,000
● House - Off Market

56 Fruit St

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,752 Ft²
$886,326
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Spacious, open-concept living in this fantastic, young home.  Welcome to your new home, tucked away on a private road on a large, level lot.  You'll love your large kitchen with ample storage and counter-space, you'll love the vaulted ceilings in your family room.  You'll love your master bedroom with walk-in closet and private bathroom.  Hardwood floors throughout.  First floor laundry.    Air conditioning.  Need more?  The attic space has been expanded and is waiting for your finishing touches for additional office space, play space or whatever your desire.  Convenience abounds with a large double garage and a big, open basement.  Run, don't walk to your new home.
Unit Size
2,752 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$191
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
2005

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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 #72036933)

Price History

Date / Event Date Event Price
Sep 23, 2016 Sold
Premium
Sold
Jul 12, 2016 Listed by J. Barrett & Company $525,000
Listed by J. Barrett & Company
Jun 30, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,664
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,002
  • Total Building Area: 2,752
  • Gross Building Area: 5,684
  • Building Area: 2,752
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,752
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWBURY
  • Land Acres: 0000000551
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R20 B:0000 L:00008
  • Lot: 8
  • Municipality: NEWBURY
  • Latitude: 42.7608
  • Longitude: -70.935

    Address

  • Full Address: 56 Fruit St
  • Address - House Number: 56
  • Address - Street Name: Fruit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1417
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,600

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 872,833
  • High Value: 1,006,562
  • Low Value: 739,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,800
  • Assessed Land Value: $238,800
  • Assessed Improvements Value: $486,000

    Sales

  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 665
  • Previous Sale Recording Date: Jun 30, 2006
  • Previous Sale Amount: $493,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72036933

Frequently Asked Questions

When was property at 56 Fruit Street built and last sold?
The property at 56 Fruit Street was built in 2005 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 56 Fruit Street is $560,393.
What are some comparable homes to 56 Fruit Street?
There are currently no comparable homes to 56 Fruit Street.
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