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Essex 01938
64 Old Right Rd
$399,000
● House - Off Market

64 Old Right Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,710 Ft²
$2,328
Est. Monthly
9.34%
Cap Rate

About This Property

Immaculate and charming 3 bedroom cape featuring many extras.  If you want a first floor bedroom and full bath this is it.  Sparkling, bright, updated kitchen with grey granite on white cabinets.  Private, open, and wooded lot, large back deck and sweet front porch.  Two large bedrooms and bath on the second floor as well as a 240sf family room in the basement.  Two car garage, heated breezeway, fireplaced living room, and hardwood throughout the first floor.
Unit Size
1,710 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$233
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1960

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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: 2 years ago (MLSPIN #71036343)

Price History

Date / Event Date Event Price
Feb 22, 2010 Listed by RE/MAX Country Crossroads Realty Assoc. $399,000
Listed by RE/MAX Country Crossroads Realty Assoc.
May 31, 1996 Sold
Premium
Sold
Jun 18, 1995 Listed by RE/MAX Country Crossroads Realty Assoc. $229,000
Listed by RE/MAX Country Crossroads Realty Assoc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,710
  • Gross Building Area: 3,668
  • Building Area: 1,710
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,710
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH
  • Land Acres: 0000001100
  • 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:0015 L:0
  • Block: 15
  • Municipality: IPSWICH
  • Latitude: 42.6732
  • Longitude: -70.9262

    Address

  • Full Address: 64 Old Right Rd
  • Address - House Number: 64
  • Address - Street Name: Old Right
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1052
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $638,000

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 675,608
  • High Value: 789,989
  • Low Value: 561,226

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,600
  • Assessed Land Value: $297,700
  • Assessed Improvements Value: $262,900

    Sales

  • Current Sale Recording Date: May 31, 1996
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2478 ft²

Average Home Age

73.5 years

Currently For Sale

1429 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: 2 years ago
Data Source: MLS PIN, MLS# 71036343

Frequently Asked Questions

When was property at 64 Old Right Road built and last sold?
The property at 64 Old Right Road was built in 1960 and last sold on Jan 1, 1970 for $221,000.
How much is this home worth?
The estimated value of the home located at 64 Old Right Road is $0.
What are some comparable homes to 64 Old Right Road?
There are currently no comparable homes to 64 Old Right Road.
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