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Essex
6 Hickory Lane
$235,100
● House - Off Market

6 Hickory Lane

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$293,500
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Secluded Ranch at the end of a Cul-de-sac, quaint spot needs your updates! Peaceful neighborhood, close to Byfield center, RTE I-95 or the waterfront of Newburyport. Buyers/Agents to do their own due diligence. For the new investor or savvy investor this could spell opportunity.  Title V failed. New Septic Plan Approved! Turn this into your retreat or fix and rent or fix and flip.  CASH ONLY.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$160
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1960

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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 #72500253)

Price History

Date / Event Date Event Price
Jul 12, 2019 Sold
Premium
Sold
May 23, 2019 Listed by Premier Properties of New England $200,000
Listed by Premier Properties of New England

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,248
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,003
  • Total Building Area: 1,248
  • Gross Building Area: 2,544
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • 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:0R41 B:0000 L:00050
  • Lot: 50
  • Municipality: NEWBURY
  • Latitude: 42.7672
  • Longitude: -70.9425

    Address

  • Full Address: 6 Hickory Ln
  • Address - House Number: 6
  • Address - Street Name: Hickory
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1104
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,800

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 528,745
  • High Value: 624,810
  • Low Value: 432,679

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,700
  • Assessed Land Value: $265,800
  • Assessed Improvements Value: $289,900

    Sales

  • Current Sale Contract Date: Jul 02, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190712002250
  • Previous Sale Recording Date: Apr 22, 2014
  • 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# 72500253

Frequently Asked Questions

When was property at 6 Hickory Lane built and last sold?
The property at 6 Hickory Lane was built in 1960 and last sold on Jul 2, 2019 for $235,100.
How much is this home worth?
The estimated value of the home located at 6 Hickory Lane is $220,188.
What are some comparable homes to 6 Hickory Lane?
There are currently no comparable homes to 6 Hickory Lane.
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