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Essex
63 Pearson Drive
$780,000
● House - Off Market

63 Pearson Drive

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,025 Ft²
$704,906
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome to this pristine Maine Post and Beam cape in the desirable town of Newbury.  This three bedroom, 2.5 bath beauty boasts so many updates, including newer roof, windows, appliances, all baths and a granite/stainless kitchen.  The downstairs floor plan is open concept and also offers a coveted first floor master bedroom with cathedral ceiling and walk in closet.   Beautiful wood flooring throughout.  The new in-home office with private entrance provides an ideal work-from-home space.  Enjoy the cozy wood stove in the winter months. Come summer, relax on the inviting farmers porch and enjoy your private back yard oasis complete with a heated, inground pool.  Showings start at open house June 4th and 5th, 11-1.
Unit Size
2,025 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$340
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1981

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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: 4 months ago (MLSPIN #72986334)

Price History

Date / Event Date Event Price
Jul 14, 2022 Sold
Premium
Sold
May 27, 2022 Listed by Coldwell Banker Realty - Newburyport $689,000
Listed by Coldwell Banker Realty - Newburyport
Aug 24, 2015 Sold
Premium
Sold
Jun 24, 2015 Listed by Coldwell Banker Realty - Newburyport $385,000
Listed by Coldwell Banker Realty - Newburyport
Nov 21, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,832
  • Total Building Area: 1,725
  • Gross Building Area: 2,236
  • Building Area: 1,725
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,725
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000547
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R20 B:0000 L:00079
  • Lot: 79
  • Municipality: NEWBURY
  • Latitude: 42.7589
  • Longitude: -70.9308

    Address

  • Full Address: 63 Pearson Dr
  • Address - House Number: 63
  • Address - Street Name: Pearson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Byfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1429
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $480,200

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 762,810
  • High Value: 879,682
  • Low Value: 645,937

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,300
  • Assessed Land Value: $309,000
  • Assessed Improvements Value: $316,300

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220714002120
  • Previous Sale Recording Date: Nov 06, 2017
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72986334

Frequently Asked Questions

When was property at 63 Pearson Drive built and last sold?
The property at 63 Pearson Drive was built in 1981 and last sold on Jul 14, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 63 Pearson Drive is $696,497.
What are some comparable homes to 63 Pearson Drive?
There are currently no comparable homes to 63 Pearson Drive.
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