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Essex 01938
6 Paradise Rd
$335,000
● House - Off Market

6 Paradise Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$571,950
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Ready to buy your first home or downsize to a property with a 1st floor master bedroom? Don't miss this opportunity! This attractive 3BR/1BA Cape offers an updated kitchen with formica counters, a stunning tin backsplash and freshly painted wood cabinets. First floor living is easy in the sizable master bedroom, full bath, 3-season screen porch, formal dining room and cozy living room with brick hearth fireplace and knotty pine fireplace wall. Plus, there are two bedrooms upstairs. Value added enhancements include full deleading, Title V pass and new windows, all in a fabulous location close to schools, shopping, restaurants, sidewalks and the other necessities of life. Come home to Paradise Road in beautiful Ipswich or invest in this property as rental income!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$291
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1952

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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 #71963882)

Price History

Date / Event Date Event Price
May 19, 2016 Sold
Premium
Sold
Feb 26, 2016 Listed by Keller Williams Realty $334,900
Listed by Keller Williams Realty
Aug 24, 1999 Sold
Premium
Sold
May 25, 1999 Listed by Keller Williams Realty $212,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 4
  • Exterior Walls Type: 1
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 1,152
  • Gross Building Area: 2,433
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:20D B:013B L:0
  • Block: 13B
  • Municipality: IPSWICH
  • Latitude: 42.6972
  • Longitude: -70.8661

    Address

  • Full Address: 6 Paradise Rd
  • Address - House Number: 6
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1259
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,100

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 618,581
  • High Value: 719,830
  • Low Value: 517,331

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,400
  • Assessed Land Value: $317,600
  • Assessed Improvements Value: $216,800

    Sales

  • Current Sale Recording Date: May 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 339
  • Previous Sale Recording Date: Aug 24, 1999
  • Previous Sale Amount: $206,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71963882

Frequently Asked Questions

When was property at 6 Paradise Road built and last sold?
The property at 6 Paradise Road was built in 1952 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 6 Paradise Road is $339,808.
What are some comparable homes to 6 Paradise Road?
There are currently no comparable homes to 6 Paradise Road.
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