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Essex
6 Cedar St
$700,000
● House - Off Market

6 Cedar St

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,839 Ft²
$900,892
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful 3-4 bedroom antique colonial with fantastic walk to town location.  This home features a 2015 first floor renovation which included new kitchen, recessed lighting, hardwood floors, mudroom and energy efficient windows throughout.  Master bedroom features hardwood floors, plenty of closet space as well as a built in marble topped bureau.  Beautiful open kitchen with lots of attention to detail featuring shaker style cabinets, stainless steel appliances, porcelain farm sink and large island.  The kitchen leads out to the fully fenced in back yard which features  a bluestone patio with a wisteria covered pergola.  Plenty of basement storage and a large 1 car garage.  Open house Sun 12-3.  Will review offers Mon 8/17 by 11 a.m.
Unit Size
1,839 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$375
Property Type
House
Property Taxes
$962
HOA Dues
-
Year Built
1840

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72708459)

Price History

Date / Event Date Event Price
Sep 24, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by Brokers Collaborative $689,000
Listed by Brokers Collaborative
May 12, 2016 Sold
Premium
Sold
Mar 18, 2016 Listed by Brokers Collaborative $605,000
Listed by Brokers Collaborative
May 3, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1840
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • 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: 1,085
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,795
  • Gross Building Area: 3,133
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 663
  • Parcel: WENH M:18 L:16
  • Lot: 16
  • Municipality: WENHAM
  • Latitude: 42.6032
  • Longitude: -70.893

    Address

  • Full Address: 6 Cedar St
  • Address - House Number: 6
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1514
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,202,000

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 946,725
  • High Value: 1,124,952
  • Low Value: 768,497

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,800
  • Assessed Land Value: $349,400
  • Assessed Improvements Value: $343,400

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200924002430
  • Previous Sale Recording Date: May 12, 2016
  • Previous Sale Amount: $617,000
  • Previous Sale Document Type: O
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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 months ago
Data Source: MLS PIN, MLS# 72708459

Frequently Asked Questions

When was property at 6 Cedar Street built and last sold?
The property at 6 Cedar Street was built in 1840 and last sold on Sep 15, 2020 for $700,000.
How much is this home worth?
The estimated value of the home located at 6 Cedar Street is $694,855.
What are some comparable homes to 6 Cedar Street?
There are currently no comparable homes to 6 Cedar Street.
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