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Ipswich 01938
7 Spillers Ln
$273,000
● House - Off Market

7 Spillers Ln

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,544 Ft²
$629,697
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Fantastic location near town and river.  This ranch home has 3 bedrooms and 2 full baths and is located in a quiet area just outside of town.  This house will require some renovation including kitchen and baths, but has great potential.  Great neighborhood, cul de sac, town water/sewer, wood floors, nearly a 1/3 acre lot and access to river.  Estate sale.  Seller has never lived in house.  No warranties or representations made by broker or seller.  Home sold "as is".
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$194
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1965

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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: 6 months ago (MLSPIN #71466247)

Price History

Date / Event Date Event Price
Feb 15, 2013 Sold
Premium
Sold
Dec 21, 2012 Listed by Windhill Realty, LLC $299,900
Listed by Windhill Realty, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,222
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,599
  • Total Building Area: 1,544
  • Gross Building Area: 3,482
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SETTLERS LNDG
  • Land Acres: 0000000312
  • 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: 223200

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:31D B:086C L:0
  • Block: 86C
  • Municipality: IPSWICH
  • Latitude: 42.6845
  • Longitude: -70.8245

    Address

  • Full Address: 7 Spillers Ln
  • Address - House Number: 7
  • Address - Street Name: Spillers
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C001
  • 4-Digit Zip Code: 2429
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,100

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 641,641
  • High Value: 746,733
  • Low Value: 536,549

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $569,500
  • Assessed Land Value: $328,400
  • Assessed Improvements Value: $241,100

    Sales

  • Current Sale Recording Date: Feb 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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 Ipswich

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1667 ft²

Average Home Age

86.5 years

Currently For Sale

17 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: 6 months ago
Data Source: MLS PIN, MLS# 71466247

Frequently Asked Questions

When was property at 7 Spillers Lane built and last sold?
The property at 7 Spillers Lane was built in 1965 and last sold on Jan 1, 1970 for $273,000.
How much is this home worth?
The estimated value of the home located at 7 Spillers Lane is $313,919.
What are some comparable homes to 7 Spillers Lane?
There are currently no comparable homes to 7 Spillers Lane.
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