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Essex 01921
7 Holmes Road
$449,000
● House - Off Market

7 Holmes Road

Boxford, MA 01921
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,537 Ft²
$1,008,818
RealtyHop Estimate
119.36%
Since Mar 1, 2012
MA-Boston
Primary Model

About This Property

Great East Boxford opportunity! Freshly updated Ranch with finished lower level on a private lot within a cul de sac neighborhood. Easy access to both Masco and Rt 95.  The floorplan is open and filled with light from the skylights, glass sliders and cathedral ceilings. Kitchen is updated with granite counters and stainless appliances and baths have been freshened as well. Enjoy cozy times in the fireplaced great room. The finished lower level features a full bath, play room and office. Come See
Unit Size
2,537 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$181
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1981

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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 #71319434)

Price History

Date / Event Date Event Price
Feb 29, 2012 Sold
Premium
Sold
Dec 14, 2011 Listed by Coldwell Banker Residential Brokerage - Andover $459,900
Listed by Coldwell Banker Residential Brokerage - Andover
Jun 1, 2000 Sold
Premium
Sold
Feb 29, 2000 Listed by Coldwell Banker Residential Brokerage - Andover $479,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 87,120
  • Total Building Area: 2,537
  • Gross Building Area: 6,040
  • Building Area: 2,537
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,537
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOXFORD
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: BOXF M:040 B:001 L:061
  • Block: 1
  • Lot: 61
  • Municipality: BOXFORD
  • Latitude: 42.6359
  • Longitude: -70.985

    Address

  • Full Address: 7 Holmes Rd
  • Address - House Number: 7
  • Address - Street Name: Holmes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 2741
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,053,300

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 897,480
  • High Value: 1,050,399
  • Low Value: 744,562

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $807,100
  • Assessed Land Value: $419,900
  • Assessed Improvements Value: $387,200

    Sales

  • Current Sale Recording Date: Feb 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 01, 2000
  • Previous Sale Amount: $479,900
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71319434

Frequently Asked Questions

When was property at 7 Holmes Road built and last sold?
The property at 7 Holmes Road was built in 1981 and last sold on Jan 1, 1970 for $449,000.
How much is this home worth?
The estimated value of the home located at 7 Holmes Road is $492,768.
What are some comparable homes to 7 Holmes Road?
There are currently no comparable homes to 7 Holmes Road.
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