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Essex 01969
58 Weldon Farm Road
Photo of 58 Weldon Farm Road
Sold on Mar 24, 2005

1

Map

$515,000
● House - Off Market

58 Weldon Farm Road

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$985,773
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

One of the most beautiful neighborhoods in Rowley!   5year young Colonial with 4-bedrooms and 2.5 baths is a home owner's pride.  Gleaming hardwood floors, ceramic tiles, large kitchen with cherry cabinets, central air and much more.  Eat-in kitchen area has access to the bi-level deck overlooking private back yard.  Master suite with whirlpool tub and walk-in closet.  Finished basement has access to the back yard.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.44 acres
Price per sqft
$265
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1999

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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 #70129395)

Price History

Date / Event Date Event Price
Mar 25, 2005 Sold
Premium
Sold
Jan 3, 2005 Listed $529,900
Listed
Jul 19, 2001 Sold
Premium
Sold
May 21, 2001 Listed $389,900
Listed
Oct 15, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 62,614
  • Total Building Area: 1,984
  • Gross Building Area: 3,626
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001437
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0020 B:0003 L:0024-1
  • Block: 3
  • Lot: 24-1
  • Municipality: ROWLEY
  • Latitude: 42.7328
  • Longitude: -70.9119

    Address

  • Full Address: 58 Weldon Farm Rd
  • Address - House Number: 58
  • Address - Street Name: Weldon Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1644
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $951,700

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 834,288
  • High Value: 977,906
  • Low Value: 690,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $786,500
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $468,300

    Sales

  • Current Sale Recording Date: Mar 25, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 19, 2001
  • Previous Sale Amount: $391,000
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 70129395

Frequently Asked Questions

When was property at 58 Weldon Farm Road built and last sold?
The property at 58 Weldon Farm Road was built in 1999 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 58 Weldon Farm Road is $540,480.
What are some comparable homes to 58 Weldon Farm Road?
There are currently no comparable homes to 58 Weldon Farm Road.
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