Essex
73 Forest
42
Map
$3,695,000
↓ $270K (6.8%)
●
House -
For Sale
73 Forest
Manchester, MA 01944
6 Beds
6 Baths,
2
Half Baths
6,092 Ft²
$21,040
Est. Monthly
0.49%
Cap Rate
About This Property
"Ocean Lodge" NEW PRICE! $3,695,000:One of the North Shore's most
distinctive private family estates. Distant hilltop views;
traditional classic home on 8,058 private, but manageable acres.
Tennis, pool, stable/paddock, 3-car heated garage/ guest apt., FAA
designated heliport. Adjacent to Essex County Club golf course &
miles of nature trails. Wildlife pond & active beaver lodges.
Minutes from village, beaches, harbor, train. Top-ranked schools. 6
BR/8bath. New owner may wish to continue existing updates.
Furnishings & golf cart negotiable. Shown by Appointment
only. 24 hour property surveilance.
Unit Size
6,092 Ft²
Days on Market
-
Land Size
8.58 acres
Price per sqft
$607
Property Type
House
Property Taxes
$2,896
HOA Dues
-
Year Built
-
Listed By
Lynda Surdam
Coldwell Banker Realty - Manchester
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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: 19 days ago (MLSPIN #73520778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$3,695,000
↓ $270K
(6.8%) | |
| Price Decreased | |||
| Sep 9, 2026 | Relisted | $4,150,000 | |
| Relisted | |||
| Sep 9, 2026 | Price Decreased |
$3,965,000
↓ $185K
(4.5%) | |
| Price Decreased | |||
| Sep 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 18, 2026 | Listed by Coldwell Banker Realty - Manchester | $4,150,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Garage Door Opener, Paved, Off Street
Garage Spaces: 3
Open Parking Spaces: 8
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Pantry, Breakfast Bar, Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub & Shower, Dining Area, Countertops - Stone/Granite/Solid, Bedroom, Inlaw Apt., Sauna/Steam/Hot Tub, Walk-up Attic
Appliances: Water Heater, Oven, Dishwasher, Range, Washer, Dryer
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 12
Has Fireplace
Fireplace Features: Dining Room, Living Room, Master Bedroom, Bedroom
Fireplaces: 6
Basement: Partially Finished
Exterior Details
Square Footage: 6092
Square Footage Source: $0
Security Features: Security System
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Area Total: 6092
Other Structures: Cabana, Barn/Stable
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Patio
Pool Features: In Ground
Pool is Private
Lot Features: Cleared, Gentle Sloping
Lot Size Area: 8.58
Lot Size Units: Acres
Lot Size Acres: 8.58
Lot Size Square Feet: 373893
Tax Lot: 4
Water Source: Public
Financial Details
Tax Map Number: 36
Tax Assessed Value: $3,798,500
Tax Annual Amount: $34,756
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Central, Baseboard
Sewer : Private Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Address: 335 Madison Avenue, New York, NY 10017