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Essex 01921
723 Main Street
$412,500
● House - Off Market

723 Main Street

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,070 Ft²
$1,079,079
RealtyHop Estimate
153.96%
Since Jun 1, 2002
National-US
Primary Model

About This Property

MAKE THIS HOUSE INTO YOUR HOME!  FARMHOUSE COLONIAL ON THREE FLAT ACRES.  PICTURESQUE COUNTRY SETTING, THE PROPERTY FEA- TURES MAPLE HARDWOOD FLOORS IN DR/LR,NEW 4BR SEPTIC & WELL, BARN FOR WORKSHOP/HOME BUSINESS, POOL, 2-CAR GARAGE.
Unit Size
2,070 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$205
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1911

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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: 4 years ago (MLSPIN #30567304)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Heritage Realty Associates $599,000
Listed by Heritage Realty Associates
May 2, 2002 Sold
Premium
Sold
Dec 17, 2001 Listed by Heritage Realty Associates $424,900
Listed by Heritage Realty Associates
Mar 26, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 130,680
  • Total Building Area: 2,082
  • Gross Building Area: 4,307
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:002 B:002 L:001
  • Block: 2
  • Lot: 1
  • Municipality: BOXFORD
  • Latitude: 42.728
  • Longitude: -71.0764

    Address

  • Full Address: 723 Main St
  • Address - House Number: 723
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Boxford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1118
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $947,200

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 739,621
  • High Value: 865,624
  • Low Value: 613,619

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $725,800
  • Assessed Land Value: $429,900
  • Assessed Improvements Value: $295,900

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210924000620
  • Previous Sale Recording Date: May 02, 2002
  • Previous Sale Amount: $412,500
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2550 ft²

Average Home Age

72.4 years

Currently For Sale

1469 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30567304

Frequently Asked Questions

When was property at 723 Main Street built and last sold?
The property at 723 Main Street was built in 1911 and last sold on Sep 24, 2021 for $641,000.
How much is this home worth?
The estimated value of the home located at 723 Main Street is $609,558.
What are some comparable homes to 723 Main Street?
There are currently no comparable homes to 723 Main Street.
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