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Essex
60 Pine St
$515,000
● House - Off Market

60 Pine St

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,904 Ft²
$779,041
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Charming three bedroom, one bath home in prime location near town and one mile to Singing beach. This home has light filled dining room, kitchen, large living room and  family room on the first floor, three bedrooms and a full bath on the second and a potential fourth bedroom in the partially finished attic.  Large mudroom off kitchen that has interior access to a full basement.  Built in 1910, home has all original crown molding in every room.  Great opportunity to own a home in one of the most coveted towns on the North Shore.
Unit Size
1,904 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$286
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1910

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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 #72460080)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
May 30, 2019 Sold
Premium
Sold
Mar 4, 2019 Listed by Churchill Properties $545,000
Listed by Churchill Properties

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 990
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,095
  • Gross Building Area: 3,698
  • Building Area: 2,095
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,095
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0030 B:0000 L:0069
  • Lot: 69
  • Municipality: MANCHESTER
  • Latitude: 42.5785
  • Longitude: -70.7775

    Address

  • Full Address: 60 Pine St
  • Address - House Number: 60
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1017
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,900

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 902,107
  • High Value: 1,057,034
  • Low Value: 747,180

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $740,000
  • Assessed Land Value: $376,200
  • Assessed Improvements Value: $363,800

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210504004370
  • Previous Sale Recording Date: May 30, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $515,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72460080

Frequently Asked Questions

When was property at 60 Pine Street built and last sold?
The property at 60 Pine Street was built in 1910 and last sold on May 3, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 60 Pine Street is $559,606.
What are some comparable homes to 60 Pine Street?
There are currently no comparable homes to 60 Pine Street.
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