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Essex
7 Orchard Street
$205,000
● House - Off Market

7 Orchard Street

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,230 Ft²
$644,413
RealtyHop Estimate
214.35%
Since Oct 1, 1999
National-US
Primary Model

About This Property

IMMACULATE RANCH ON 3/4 ACRE OF WOODS AND BEAUTIFUL LANDSCAPING. SLIDERS FROM KITCHEN AND BEDROOM TO LOVELY DECKS AND FENCED YARD. OPEN LIVING AND KITCHEN. ONE CAR GARAGE UNDER W/FULL BASEMENT, WOODBURNING STOVE.
Unit Size
1,230 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$167
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1968

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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 #30343533)

Price History

Date / Event Date Event Price
Sep 30, 1999 Sold
Premium
Sold
Aug 4, 1999 Listed $205,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 11
  • Exterior Walls Type: 19
  • 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: 1,974
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,631
  • Total Building Area: 2,582
  • Gross Building Area: 5,290
  • Building Area: 2,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000749
  • 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:0R22 B:0000 L:00012
  • Lot: 12
  • Municipality: NEWBURY
  • Latitude: 42.7633
  • Longitude: -70.8996

    Address

  • Full Address: 7 Orchard St
  • Address - House Number: 7
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1602
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,400

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 732,915
  • High Value: 845,405
  • Low Value: 620,424

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,100
  • Assessed Land Value: $306,200
  • Assessed Improvements Value: $407,900

    Sales

  • Current Sale Recording Date: Aug 31, 2009
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 30, 1999
  • Previous Sale Amount: $205,000
  • 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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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 years ago
Data Source: MLS PIN, MLS# 30343533

Frequently Asked Questions

When was property at 7 Orchard Street built and last sold?
The property at 7 Orchard Street was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Orchard Street is $221,795.
What are some comparable homes to 7 Orchard Street?
There are currently no comparable homes to 7 Orchard Street.
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