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Essex 01938
6 Stone Hill Drive
$399,000
● House - Off Market

6 Stone Hill Drive

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,097 Ft²
$708,206
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

*** IPSWICH GEM *** Sunny, open 2100 square foot home sited on a one acre lot with privacy all around. This home features 3 bedrooms, 2 full bathrooms, eat-in (updated) kitchen, dining room with sliding door to outside deck area, home office, large family room with wood stove,storage space, shed, electric fence, central air, freshly painted interior, new carpeting and more!  Lower level is perfect for teen or in-law suite.  Priced to sell and ready for your family!
Unit Size
2,097 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$190
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1984

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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 #71921619)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Dec 18, 2015 Sold
Premium
Sold
Oct 20, 2015 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Jul 2, 2001 Sold
Premium
Sold
Mar 22, 2001 Listed by J. Barrett & Company $329,000
Listed by J. Barrett & Company
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 42
  • 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: 9
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,691
  • Total Building Area: 2,097
  • Gross Building Area: 2,350
  • Building Area: 2,097
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,097
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVID B JORDAN
  • Land Acres: 0000001003
  • 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:38C B:0012 L:0
  • Block: 12
  • Municipality: IPSWICH
  • Latitude: 42.6723
  • Longitude: -70.9254

    Address

  • Full Address: 6 Stone Hill Dr
  • Address - House Number: 6
  • Address - Street Name: Stone Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1064
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $709,100

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 731,643
  • High Value: 861,269
  • Low Value: 602,017

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $623,100
  • Assessed Land Value: $392,100
  • Assessed Improvements Value: $231,000

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220527004410
  • Previous Sale Recording Date: Dec 18, 2015
  • Previous Sale Amount: $399,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 71921619

Frequently Asked Questions

When was property at 6 Stone Hill Drive built and last sold?
The property at 6 Stone Hill Drive was built in 1984 and last sold on May 26, 2022 for $612,500.
How much is this home worth?
The estimated value of the home located at 6 Stone Hill Drive is $422,439.
What are some comparable homes to 6 Stone Hill Drive?
There are currently no comparable homes to 6 Stone Hill Drive.
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