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Haverhill 01830
70 Riverside Ave
$250,000
● Multifamily - Off Market

70 Riverside Ave

Haverhill, MA 01830
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,661 Ft²
$470,027
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Young 2 family in desirable Haverhill location.Views of the Merrimack River, off street parking , shed for extra storage, eat in kitchen, second floor has hardwood flooring, large first floor 3 season porch.  Priced right.  Wont last. Property to be sold as is. Seller is offering a $1,000 bonus to the selling agent if the property is placed under contract in 30 days.  If the property is placed under contract from day 31 to day 90 the seller will offer a $500 bonus to the selling agent.  There will be no selling agent bonus if placed under contract after day 90.
Unit Size
2,661 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$98
Property Type
Multifamily
Property Taxes
$323
HOA Dues
-
Year Built
1984

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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: 6 months ago (MLSPIN #71792663)

Price History

Date / Event Date Event Price
Apr 23, 2015 Sold
Premium
Sold
Feb 13, 2015 Listed by Century 21 North Shore/Fermin Group $260,000
Listed by Century 21 North Shore/Fermin Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 7,619
  • Total Building Area: 2,112
  • Gross Building Area: 2,461
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000175
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Haverhill School District
  • Census Tract: 260301

Geography

  • Parcel: HAVE M:0418 B:00184 L:1
  • Block: 184
  • Lot: 1
  • Municipality: HAVERHILL
  • Latitude: 42.7605
  • Longitude: -71.0481

    Address

  • Full Address: 70 Riverside Ave
  • Address - House Number: 70
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Haverhill
  • Carrier Code: C008
  • 4-Digit Zip Code: 6821
  • Zip Code: 01830

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $483,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 564,573
  • High Value: 661,870
  • Low Value: 467,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,800
  • Assessed Land Value: $170,400
  • Assessed Improvements Value: $263,400

    Sales

  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42300299
  • Previous Sale Recording Date: Nov 04, 2013
  • 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 Haverhill

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$306

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2057 ft²

Average Home Age

16.5 years

Currently For Sale

119 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 122 Washington, Haverhill, 01830

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,364 ft²
122 Washington #203, Haverhill, 01830 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71792663

Frequently Asked Questions

When was property at 70 Riverside Avenue built and last sold?
The property at 70 Riverside Avenue was built in 1984 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 70 Riverside Avenue is $262,097.
What are some comparable homes to 70 Riverside Avenue?
There are currently no comparable homes to 70 Riverside Avenue.
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