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Essex 01938
7 Pine St
Photo of 7 Pine St
Sold on Aug 14, 2006

1

Map

$357,000
● House - Off Market

7 Pine St

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,655 Ft²
$622,352
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Cozy Cape on dead end street, walk to schools, fenced in yard, many plantings,central air...open concept living....sunny and bright..lovely hardwood floors,  storage shed in back..wood stove in family room , opens to deck..exercise room in basement..laundry area and storage.. versatile layout,.Great starter home..near Town..minutes to Crane Beach ..Outside just painted,Brand new roof, and new septic to be installed...Great Value in Ipswich!!
Unit Size
1,655 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$223
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #70329883)

Price History

Date / Event Date Event Price
Aug 14, 2006 Sold
Premium
Sold
Feb 10, 2006 Listed $369,000
Listed
Nov 19, 2004 Sold
Premium
Sold
Jul 1, 2004 Listed $385,000
Listed
Jul 31, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,789
  • Total Building Area: 1,655
  • Gross Building Area: 2,768
  • Building Area: 1,655
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,655
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:30C B:0030 L:0
  • Block: 30
  • Municipality: IPSWICH
  • Latitude: 42.686
  • Longitude: -70.8606

    Address

  • Full Address: 7 Pine St
  • Address - House Number: 7
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C007
  • 4-Digit Zip Code: 2907
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 634,323
  • High Value: 734,517
  • Low Value: 534,129

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,600
  • Assessed Land Value: $309,000
  • Assessed Improvements Value: $235,600

    Sales

  • Current Sale Recording Date: Aug 14, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 19, 2004
  • Previous Sale Amount: $370,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70329883

Frequently Asked Questions

When was property at 7 Pine Street built and last sold?
The property at 7 Pine Street was built in 1950 and last sold on Jan 1, 1970 for $357,000.
How much is this home worth?
The estimated value of the home located at 7 Pine Street is $385,576.
What are some comparable homes to 7 Pine Street?
There are currently no comparable homes to 7 Pine Street.
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