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Essex 01921
56 Main Street
$1,005,000
● House - Off Market

56 Main Street

Boxford, MA 01921
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
2,548 Ft²
$953,186
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Beautiful 9 room Gambrel Colonial offers lots of warmth and character throughout,3 bedrooms, 3 full bath, 2 half bath, cherry cabinet kitchen, granite counters, double wall oven, island, gorgeous living room with crown molding, double set of sliding doors to deck, brick front wood burning fireplace, french doors to dining room or office, 1st floor primary bedroom suite, 2 walk-in closets, tray ceiling, private bath with double sink vanity, 1st floor laundry with half bath, finished heated bonus room over 3 car garage, finished lower level family room with sliders to expansive yard. Don't miss this one!  Home located in the historical district and is subject to restrictions.    Showings start at the open House Sat May 6th 12-2pm and Sun May 7th 12-2pm     Offer deadline Mon May 8th 2pm
Unit Size
2,548 Ft²
Days on Market
-
Land Size
2.61 acres
Price per sqft
$373
Property Type
House
Property Taxes
$1,119
HOA Dues
-
Year Built
2007

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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: 5 months ago (MLSPIN #73106345)

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold
Premium
Sold
May 15, 2023 In contract -
In contract
May 3, 2023 Listed by Carpenito Real Estate, Inc. $950,000
Listed by Carpenito Real Estate, Inc.
Feb 27, 2009 Sold
Premium
Sold
Aug 18, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 113,692
  • Total Building Area: 3,134
  • Gross Building Area: 7,236
  • Building Area: 3,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,134
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002610
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: BOXF M:032 B:003 L:011.2
  • Block: 3
  • Lot: 11.2
  • Municipality: BOXFORD
  • Latitude: 42.6608
  • Longitude: -71.0066

    Address

  • Full Address: 56 Main St
  • Address - House Number: 56
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Boxford
  • Carrier Code: R006
  • 4-Digit Zip Code: 2502
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,403,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,031,204
  • High Value: 1,207,170
  • Low Value: 855,238

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,075,700
  • Assessed Land Value: $406,000
  • Assessed Improvements Value: $669,700

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230606001860
  • Previous Sale Recording Date: Feb 27, 2009
  • Previous Sale Amount: $670,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 73106345

Frequently Asked Questions

When was property at 56 Main Street built and last sold?
The property at 56 Main Street was built in 2007 and last sold on Jun 2, 2023 for $1,005,000.
How much is this home worth?
The estimated value of the home located at 56 Main Street is $969,083.
What are some comparable homes to 56 Main Street?
There are currently no comparable homes to 56 Main Street.
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