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Essex 01969
583 Wethersfield Rd
$280,000
● House - Off Market

583 Wethersfield Rd

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,300 Ft²
$1,085,391
RealtyHop Estimate
261.92%
Since Jul 1, 1997
National-US
Primary Model

About This Property

5 YR YOUNG CONT. COL. IMMACULATE, OVER 3,000 SQ. FT., ALMOST 2 ACRES WOODED LOT. VERY PRIVATE, VERY ATTRACTIVE. PEACE & QUIET, SOUNDS SO GOOD. TITLE 5 APPR. ELEC. HEAT IN SUNROOM AND BSMT. POSS. IN-LAW IN LL. $1,000 BONUS TO SELLING BROKER
Unit Size
3,300 Ft²
Days on Market
-
Land Size
1.69 acres
Price per sqft
$91
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1990

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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 years ago (MLSPIN #30148300)

Price History

Date / Event Date Event Price
Jun 23, 1997 Sold
Premium
Sold
Feb 18, 1997 Listed $299,900
Listed
May 12, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 2,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 73,068
  • Total Building Area: 3,190
  • Gross Building Area: 5,960
  • Building Area: 3,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001677
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: ROWL M:0011 B:0058 L:0004
  • Block: 58
  • Lot: 4
  • Municipality: ROWLEY
  • Latitude: 42.7255
  • Longitude: -70.9272

    Address

  • Full Address: 583 Wethersfield St
  • Address - House Number: 583
  • Address - Street Name: Wethersfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1611
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $961,300

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 924,182
  • High Value: 1,065,713
  • Low Value: 782,651

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $794,500
  • Assessed Land Value: $292,200
  • Assessed Improvements Value: $502,300

    Sales

  • Current Sale Recording Date: Jun 23, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 12, 1992
  • Previous Sale Amount: $300,000
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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: 4 years ago
Data Source: MLS PIN, MLS# 30148300

Frequently Asked Questions

When was property at 583 Wethers Field Street built and last sold?
The property at 583 Wethers Field Street was built in 1990 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 583 Wethers Field Street is $0.
What are some comparable homes to 583 Wethers Field Street?
There are currently no comparable homes to 583 Wethers Field Street.
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