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Essex 01921
62 Surrey Lane
$720,000
● House - Off Market

62 Surrey Lane

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,298 Ft²
$1,341,189
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

Fabulous find! One owner home! Charming Gambrel/Cape offers open floor plan for both gracious entertaining and casual living.  4 bedrooms, 3.5 baths, custom kitchen with Kennebec cherry cabinetry, granite counters, breakfast bar, viking appliances and gas fireplace open to cathedral ceiling family room with fieldstone fireplace. Spacious sunroom with Cathedral Ceiling overlooking professional landscaped yard with stone wall surrounding pool area. Wrap around mud room with 4 closets and 2 entrances to side yard and pool area. 2 car attached garage.  Many upgrades. Convenient to Topsfield center and major HW.
Unit Size
3,298 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$224
Property Type
House
Property Taxes
$787
HOA Dues
-
Year Built
1978

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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: 6 months ago (MLSPIN #71630243)

Price History

Date / Event Date Event Price
Jun 17, 2014 Sold
Premium
Sold
Feb 5, 2014 Listed by Doyle Real Estate $738,900
Listed by Doyle Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 3,321
  • Gross Building Area: 6,958
  • Building Area: 3,321
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,321
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOXFORD
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:034 B:001 L:027
  • Block: 1
  • Lot: 27
  • Municipality: BOXFORD
  • Latitude: 42.6508
  • Longitude: -70.9634

    Address

  • Full Address: 62 Surrey Ln
  • Address - House Number: 62
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Boxford
  • Carrier Code: R003
  • 4-Digit Zip Code: 2425
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,477,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 1,214,238
  • High Value: 1,401,338
  • Low Value: 1,027,137

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,131,800
  • Assessed Land Value: $440,000
  • Assessed Improvements Value: $691,800

    Sales

  • Current Sale Recording Date: Jun 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61700169
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2496 ft²

Average Home Age

73.7 years

Currently For Sale

1374 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: 6 months ago
Data Source: MLS PIN, MLS# 71630243

Frequently Asked Questions

When was property at 62 Surrey Lane built and last sold?
The property at 62 Surrey Lane was built in 1978 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 62 Surrey Lane is $770,630.
What are some comparable homes to 62 Surrey Lane?
There are currently no comparable homes to 62 Surrey Lane.
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