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Amesbury Town 01913
LOT7 Madison Street
$259,900
● House - Off Market

LOT7 Madison Street

Amesbury, MA 01913
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$787,431
RealtyHop Estimate
202.97%
Since Apr 1, 2000
National-US
Primary Model

About This Property

NEW CONSTRUCTION! THE SOONER YOU ACT THE MORE CHOICES YOU'LL HAVE. 3BR, 1 3/4 BATHS, 2 CAR GARAGE UNDER ON 3/4 ACRES. HARDWOOD THROUGHOUT FIRST FLOOR WITH BRICK FIREPLACE. FIRST QUALITY WOJCICKI MCPARTLAND HOME. ASK FOR CATHY TOOMEY
Unit Size
1,800 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

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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 years ago (MLSPIN #30368577)

Price History

Date / Event Date Event Price
Oct 15, 2018 Sold
Premium
Sold
Mar 31, 2000 Sold
Premium
Sold
Nov 11, 1999 Listed by Stone Ridge Properties, Inc. $259,900
Listed by Stone Ridge Properties, Inc.
Dec 12, 1991 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 756
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,860
  • Total Building Area: 1,512
  • Gross Building Area: 3,354
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266400

Zoning

  • Zoning: R8

Geography

  • Parcel: AMES M:41 B:0191
  • Block: 191
  • Municipality: AMESBURY
  • Latitude: 42.8618
  • Longitude: -70.9219

    Address

  • Full Address: 7 Melrose St
  • Address - House Number: 7
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C006
  • 4-Digit Zip Code: 2636
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,000

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 595,069
  • High Value: 734,849
  • Low Value: 455,289

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,600
  • Assessed Land Value: $190,600
  • Assessed Improvements Value: $248,000

    Sales

  • Current Sale Recording Date: Oct 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181015003370
  • Previous Sale Recording Date: Dec 12, 1991
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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 Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$365

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2108 ft²

Average Home Age

87.7 years

Currently For Sale

42 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 years ago
Data Source: MLS PIN, MLS# 30368577

Frequently Asked Questions

When was property at 7 Madison Street built and last sold?
The property at 7 Madison Street was built in 1915 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 7 Madison Street is $282,559.
What are some comparable homes to 7 Madison Street?
There are currently no comparable homes to 7 Madison Street.
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