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Essex 01969
7 Taylor Lane Lot 37a
$996,650
● House - Off Market

7 Taylor Lane Lot 37a

Rowley, MA 01969
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,620 Ft²
$981,143
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

THE TILDEN at FALCON RIDGE is ideally situated overlooking vast open space. This home will feature a farmer's porch, primary suite with designer bath, hardwood floors and oversized closet. Main level is open concept with rich wood flooring. Family room with fireplace and slider to outdoors. Now is the time to reserve your new home in this new neighborhood with over 49 Acres of open space. Just minutes to Newburyport, I 95 and local shopping & restaurants. NOW IS THE TIME TO SELECT YOUR PERSONAL CHOICES. FRAMING IN PROCESS and many homes are now complete at FALCON RIDGE. ( photos are of another similar home )
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$370
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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: 5 months ago (MLSPIN #72932130)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
Jan 7, 2022 Listed by Herrick Lutts Realty Partners $969,900
Listed by Herrick Lutts Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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
  • 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: 25,123
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,684
  • Gross Building Area: 4,800
  • Building Area: 2,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,684
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000577
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0012 B:0003 L:0037
  • Block: 3
  • Lot: 37
  • Municipality: ROWLEY
  • Latitude: 42.7244
  • Longitude: -70.9137

    Address

  • Full Address: 7 Taylor Ln
  • Address - House Number: 7
  • Address - Street Name: Taylor
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1646
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,125,800

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 1,456,980
  • High Value: 1,573,958
  • Low Value: 1,340,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $930,400
  • Assessed Land Value: $290,300
  • Assessed Improvements Value: $640,100

    Sales

  • Current Sale Contract Date: Jun 14, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220617005480
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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72932130

Frequently Asked Questions

When was property at 7 Taylor Lane built and last sold?
The property at 7 Taylor Lane was built in 2021 and last sold on Jun 14, 2022 for $996,650.
How much is this home worth?
The estimated value of the home located at 7 Taylor Lane is $983,432.
What are some comparable homes to 7 Taylor Lane?
There are currently no comparable homes to 7 Taylor Lane.
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