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Essex 01951
7 54th Street
Photo of 7 54th Street
Sold on Jan 27, 2006

1

Map

$575,000
● House - Off Market

7 54th Street

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,640 Ft²
$1,001,333
RealtyHop Estimate
71.17%
Since Feb 1, 2006
National-US
Primary Model

About This Property

Sunfilled Plum Island home on sought-after side street between ocean and basin. Where else can you find privacy, boat access, three bedrooms, two full baths, and basin views from kitchen, sunroom and oversized deck? The flexible and open layout includes two independent entries for guests. Completely furnished and good rental history!
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$357
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #70235491)

Price History

Date / Event Date Event Price
Jan 27, 2006 Sold
Premium
Sold
Aug 3, 2005 Listed $585,000
Listed
May 14, 2004 Sold
Premium
Sold
Jan 5, 2004 Listed $409,000
Listed

Property Highlights

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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,602
  • Total Building Area: 1,350
  • Gross Building Area: 2,746
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLUM ISLAND BCH CO SECS 01
  • Land Acres: 0000000129
  • 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:0U04 B:0000 L:0062A
  • Lot: 62A
  • Municipality: NEWBURY
  • Latitude: 42.8095
  • Longitude: -70.8125

    Address

  • Full Address: 7 54th St
  • Address - House Number: 7
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 1417
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,300

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 848,210
  • High Value: 977,386
  • Low Value: 719,034

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $845,500
  • Assessed Land Value: $564,200
  • Assessed Improvements Value: $281,300

    Sales

  • Current Sale Recording Date: Jan 27, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 14, 2004
  • Previous Sale Amount: $403,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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: 6 months ago
Data Source: MLS PIN, MLS# 70235491

Frequently Asked Questions

When was property at 7 54th Street built and last sold?
The property at 7 54th Street was built in 1960 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 7 54th Street is $589,797.
What are some comparable homes to 7 54th Street?
There are currently no comparable homes to 7 54th Street.
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