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Essex 01969
70 Bradford St
$325,000
● House - Off Market

70 Bradford St

Rowley, MA 01969
bedrooms
2 Beds
bathrooms
1 Bath
square feet
912 Ft²
$349,045
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Bring this solidly built home back to its original state.  Very unique 2 bedroom contemporary on huge, gorgeous corner lot near downtown.  Open concept living with 2 lofted bedrooms, huge exposed beams cut and installed by owner.  Huge 20x24 family room with big wood stove and open kitchen.  Big detached heated garage for hobbyist or use as workshop.  Home need extensive renovation and will not qualify for conventional financing.  Construction loan or cash buyers.  Septic is buyer's responsibility.  First showings at Open House on Friday, June 23rd from 4:30-6pm and Sunday from 12-1:30pm.  First planned offer review will take place on Monday, June 26th at 5:00 pm.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$384
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1980

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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 #73128205)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 28, 2023 In contract -
In contract
Jun 22, 2023 Listed by Rowley Realty $350,000
Listed by Rowley Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,225
  • Total Building Area: 912
  • Gross Building Area: 2,592
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000625
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: ROWL M:0017 B:0007 L:0000
  • Block: 7
  • Municipality: ROWLEY
  • Latitude: 42.7153
  • Longitude: -70.8872

    Address

  • Full Address: 70 Bradford St
  • Address - House Number: 70
  • Address - Street Name: Bradford
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1823
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $559,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 488,672
  • High Value: 575,477
  • Low Value: 401,867

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,300
  • Assessed Land Value: $254,600
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230721000940
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2519 ft²

Average Home Age

73.7 years

Currently For Sale

1437 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# 73128205

Frequently Asked Questions

When was property at 70 Bradford Street built and last sold?
The property at 70 Bradford Street was built in 1980 and last sold on Jul 21, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 70 Bradford Street is $352,564.
What are some comparable homes to 70 Bradford Street?
There are currently no comparable homes to 70 Bradford Street.
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