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Ipswich 01938
6 Lafayette Road
$480,000
● House - Off Market

6 Lafayette Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,896 Ft²
$503,792
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Charming 3 bedroom home located in the heart of Ipswich. Beautiful natural light welcomes you throughout the first level.  Kitchen, living room, sun porch, a perfect space for an in home office, nice size dinning room to entertain guests with doors that lead out to the deck and an inviting backyard. Three Bedrooms on second level and beautifully updated 3/4 bathroom. Walking distance to downtown, commuter rail  and just minutes from Crane beach. Off street parking and easy access to Rte. 1A & Rte. 133.
Unit Size
1,896 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$264
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1900

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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 #72888323)

Price History

Date / Event Date Event Price
May 6, 2022 Sold
Premium
Sold
Aug 31, 2021 Listed by Coldwell Banker Realty - Beverly $499,900
Listed by Coldwell Banker Realty - Beverly
May 4, 2001 Sold
Premium
Sold
Nov 27, 2000 Listed by Coldwell Banker Realty - Beverly $219,000
Listed by Coldwell Banker Realty - Beverly
Mar 29, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 868
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 1,549
  • Gross Building Area: 3,381
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223200

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:41B B:0189 L:0
  • Block: 189
  • Municipality: IPSWICH
  • Latitude: 42.6775
  • Longitude: -70.8418

    Address

  • Full Address: 6 Lafayette Rd
  • Address - House Number: 6
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C003
  • 4-Digit Zip Code: 1820
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $593,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 584,284
  • High Value: 691,151
  • Low Value: 477,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,500
  • Assessed Land Value: $293,100
  • Assessed Improvements Value: $228,400

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220506004110
  • Previous Sale Recording Date: May 04, 2001
  • Previous Sale Amount: $212,000
  • 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 Ipswich

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$445

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1629 ft²

Average Home Age

88.8 years

Currently For Sale

19 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72888323

Frequently Asked Questions

When was property at 6 Lafayette Road built and last sold?
The property at 6 Lafayette Road was built in 1900 and last sold on May 6, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 6 Lafayette Road is $509,740.
What are some comparable homes to 6 Lafayette Road?
There are currently no comparable homes to 6 Lafayette Road.
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