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Essex
6 Morgan Street
$1,180,000
● House - Off Market

6 Morgan Street

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,744 Ft²
$7,571
Est. Monthly

About This Property

Desirable neighborhood side street corner lot location. Spacious 3,744 s.f. home with hardwood floors, eat in kitchen with custom cabinetry. Living room with gas fireplace, primary bedroom suite with walk in closet and bath. Large sunroom addition off kitchen with deck .Laundry room, home office and lower level family room. Two car oversized heated garage and storage area, Central A/C(duct work professionally cleaned September 2024), Heating system updated 2024, efficent Runtal baseboard radiators, Professionally landscaped yard. Electric dog fence. Title V certified.
Unit Size
3,744 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$342
Property Type
House
Property Taxes
$1,290
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #73278524)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Premium
Sold
Sep 12, 2024 In contract -
In contract
Aug 14, 2024 Listed by Carney Real Estate $1,279,000
Listed by Carney Real Estate
Nov 2, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 2,305
  • Gross Building Area: 5,196
  • Building Area: 2,305
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,305
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARDMORE OVAL
  • Land Acres: 0000000910
  • 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: 628
  • Parcel: WENH M:17 L:22
  • Lot: 22
  • Municipality: WENHAM
  • Latitude: 42.6058
  • Longitude: -70.9099

    Address

  • Full Address: 6 Morgan St
  • Address - House Number: 6
  • Address - Street Name: Morgan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1112
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,601,900

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,171,699
  • High Value: 1,392,937
  • Low Value: 950,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $923,300
  • Assessed Land Value: $560,500
  • Assessed Improvements Value: $362,800

    Sales

  • Current Sale Recording Date: Nov 02, 1992
  • Current Sale Price:
    Premium
  • Current 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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: 5 months ago
Data Source: MLS PIN, MLS# 73278524

Frequently Asked Questions

When was property at 6 Morgan Street built and last sold?
The property at 6 Morgan Street was built in 1962 and last sold on Jan 1, 1970 for $267,200.
How much is this home worth?
The estimated value of the home located at 6 Morgan Street is $1,298,468.
What are some comparable homes to 6 Morgan Street?
There are currently no comparable homes to 6 Morgan Street.
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