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Essex
6 Fatherland Dr
$950,000
● House - Off Market

6 Fatherland Dr

Newbury, MA 01922
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,744 Ft²
$1,335,493
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This remarkable and spacious, light-filled home with rare, ground floor, single-level, in-law unit set on over 5 acres of perfectly manicured grounds is a must see! The main home features vaulted ceilings, open concept kitchen / dining / living area, 3 bedrooms, 2 1/2 baths & a study.  The large master bedroom boasts double closets with en suite master bath complete with oversized walk in shower, double sinks and a jetted, soaking tub. The private in-law unit features 2 bedrooms 1 1/2 baths, private laundry and full size, open concept, kitchen / living / dining area. In addition to the 4 attached garages this property includes a 36'x45' detached barn perfect for Boat & equipment storage or workshop space.
Unit Size
4,744 Ft²
Days on Market
-
Land Size
5.66 acres
Price per sqft
$206
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
2003

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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 #72654498)

Price History

Date / Event Date Event Price
Aug 11, 2020 Sold
Premium
Sold
May 11, 2020 Listed by The North Shore Realty Group $975,000
Listed by The North Shore Realty Group
Sep 6, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,965
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 246,550
  • Total Building Area: 4,744
  • Gross Building Area: 7,994
  • Building Area: 4,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,744
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005660
  • 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: AR4

Geography

  • Parcel: NEWB M:0R18 B:0000 L:0012I
  • Lot: 12I
  • Municipality: NEWBURY
  • Latitude: 42.7463
  • Longitude: -70.9296

    Address

  • Full Address: 6 Fatherland Dr
  • Address - House Number: 6
  • Address - Street Name: Fatherland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1400
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,012,900

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,290,910
  • High Value: 1,488,748
  • Low Value: 1,093,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,318,900
  • Assessed Land Value: $338,700
  • Assessed Improvements Value: $980,200

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 615030
  • Previous Sale Recording Date: Sep 06, 2019
  • Previous Sale Contract Date: Sep 06, 2019
  • Previous Sale Amount: $900,000
  • 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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 72654498

Frequently Asked Questions

When was property at 6 Fatherland Drive built and last sold?
The property at 6 Fatherland Drive was built in 2003 and last sold on Aug 7, 2020 for $950,000.
How much is this home worth?
The estimated value of the home located at 6 Fatherland Drive is $982,922.
What are some comparable homes to 6 Fatherland Drive?
There are currently no comparable homes to 6 Fatherland Drive.
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