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Essex 01938
7 Warner Road
$457,500
● House - Off Market

7 Warner Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,034 Ft²
$1,054,874
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

SPECIAL PROPERTY!  Solid 3 B/R  ranch, beautifully maintained situated on 1.7 scenic acres in desirable area.  A gracious open  flow -- perfect for entertaining; Spacious kitchen opens up onto cathedral ceiling sun room  with sliders to patio and gorgeous in-ground pool.  F/P L/R with charming built-ins and newer Andersen bay window;   Comfortable F/P family room; b/m fully carpeted;  Over-sized shed on property and workshop in b/m.  Many updates throughout.
Unit Size
2,034 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$241
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1957

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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 #71343461)

Price History

Date / Event Date Event Price
Jun 25, 2012 Sold
Premium
Sold
Feb 27, 2012 Listed by Keller Williams Realty $489,900
Listed by Keller Williams Realty
Aug 18, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 1,682
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 3,255
  • Gross Building Area: 5,245
  • Building Area: 3,255
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,255
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARNER ACRES
  • Land Acres: 0000001700
  • 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:52D B:0007 L:0
  • Block: 7
  • Municipality: IPSWICH
  • Latitude: 42.6642
  • Longitude: -70.8624

    Address

  • Full Address: 7 Warner Rd
  • Address - House Number: 7
  • Address - Street Name: Warner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1616
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,136,400

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,040,053
  • High Value: 1,202,890
  • Low Value: 877,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $998,600
  • Assessed Land Value: $446,100
  • Assessed Improvements Value: $552,500

    Sales

  • Current Sale Recording Date: Jun 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 18, 1994
  • Previous Sale Amount: $260,000
  • 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

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71343461

Frequently Asked Questions

When was property at 7 Warner Road built and last sold?
The property at 7 Warner Road was built in 1957 and last sold on Jan 1, 1970 for $457,500.
How much is this home worth?
The estimated value of the home located at 7 Warner Road is $509,818.
What are some comparable homes to 7 Warner Road?
There are currently no comparable homes to 7 Warner Road.
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