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Essex 01951
57 Boston Road
$620,000
● House - Off Market

57 Boston Road

Newbury, MA 01951
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,564 Ft²
$1,262,394
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

Wonderful and inviting, this custom built Colonial is located at the end of a winding drive on 7.64 private acres overlooking the dramatic Newbury marshes! A nature lovers dream, this lovely spacious 4 bedroom home features a delightful open floor plan, fireplaced family room with lots of windows, maple kitchen, spacious deck, 2 car garage, and nicely landscaped grounds. Let nature be your neighbor, providing an ever-changing panoramic display of foliage and wildlife!
Unit Size
2,564 Ft²
Days on Market
-
Land Size
7.64 acres
Price per sqft
$244
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1996

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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 #70033043)

Price History

Date / Event Date Event Price
Jul 1, 2004 Sold
Premium
Sold
May 12, 2004 Listed by Carlson GMAC Real Estate $625,000
Listed by Carlson GMAC Real Estate
Sep 30, 1997 Sold
Premium
Sold
Jun 28, 1997 Listed by Carlson GMAC Real Estate $324,900
Listed by Carlson GMAC Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 1,400
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 332,929
  • Total Building Area: 2,982
  • Gross Building Area: 6,364
  • Building Area: 2,982
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,982
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUSAN P LITTLE
  • Land Acres: 0000007643
  • 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: AR40

Geography

  • Parcel: NEWB M:0R35 B:0000 L:00035
  • Lot: 35
  • Municipality: NEWBURY
  • Latitude: 42.782
  • Longitude: -70.8696

    Address

  • Full Address: 57 Boston Rd
  • Address - House Number: 57
  • Address - Street Name: Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newbury
  • Carrier Code: C023
  • 4-Digit Zip Code: 1602
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,200

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,034,383
  • High Value: 1,192,907
  • Low Value: 875,859

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $847,900
  • Assessed Land Value: $361,600
  • Assessed Improvements Value: $486,300

    Sales

  • Current Sale Recording Date: Jul 01, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 30, 1997
  • Previous Sale Amount: $300,515
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2495 ft²

Average Home Age

73.5 years

Currently For Sale

1433 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: 6 months ago
Data Source: MLS PIN, MLS# 70033043

Frequently Asked Questions

When was property at 57 Boston Road built and last sold?
The property at 57 Boston Road was built in 1996 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 57 Boston Road is $633,944.
What are some comparable homes to 57 Boston Road?
There are currently no comparable homes to 57 Boston Road.
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