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Essex
7 Birch Road
$527,000
● House - Off Market

7 Birch Road

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,395 Ft²
$885,162
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Delightful sun drenched contemporary in fantastic location at the end of a cul del sac.  Custom designed carport, perfect for outdoor entertainment and ready for a 2 car garage constructed with steel beams.  Outstanding grounds with lots of privacy.  The kitchen and baths have been totally remodeled with beautiful back splash and lots of glass. Sliders from living, dining, family room to yard/covered porch and slider from master bedroom to covered balcony.  Newer roof, driveway and electric panel.  Easy access to 1-95, Rt. 128 and commuter rail.   Well respected Hamilton-Wenham School System. You will be impressed with the attention paid to details.
Unit Size
2,395 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$223
Property Type
House
Property Taxes
$687
HOA Dues
-
Year Built
1965

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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 #71995668)

Price History

Date / Event Date Event Price
Oct 14, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Keller Williams Realty Evolution $534,000
Listed by Keller Williams Realty Evolution
Sep 8, 1994 Sold
Premium
Sold
Mar 30, 1994 Listed by Keller Williams Realty Evolution $265,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 1,807
  • Gross Building Area: 4,103
  • Building Area: 1,807
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,807
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 941
  • Parcel: WENH M:23 L:35
  • Lot: 35
  • Municipality: WENHAM
  • Latitude: 42.5969
  • Longitude: -70.9306

    Address

  • Full Address: 7 Birch Rd
  • Address - House Number: 7
  • Address - Street Name: Birch
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1901
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,270,900

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 595,438
  • High Value: 707,799
  • Low Value: 483,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $732,500
  • Assessed Land Value: $415,900
  • Assessed Improvements Value: $316,600

    Sales

  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80
  • Previous Sale Recording Date: Sep 08, 1994
  • Previous Sale Amount: $250,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71995668

Frequently Asked Questions

When was property at 7 Birch Road built and last sold?
The property at 7 Birch Road was built in 1965 and last sold on Jan 1, 1970 for $527,000.
How much is this home worth?
The estimated value of the home located at 7 Birch Road is $546,724.
What are some comparable homes to 7 Birch Road?
There are currently no comparable homes to 7 Birch Road.
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