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Essex 01938
79 Argilla Road
Photo of 79 Argilla Road
Sold on May 22, 2008

1

Map

$325,000
● House - Off Market

79 Argilla Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,134 Ft²
$736,661
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Deceiving from the street, but definitely in need of a little teamwork, this property can become quite the opportunity for the homeowner who respects the term, "Location, Location, Location". With it's picturesque acreage abutting the beautiful fields of Argilla Road, the setting certainly catches your attention. Here's a chance to live on one of the most beautiful streets in town.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$348
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1953

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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 months ago (MLSPIN #70648756)

Price History

Date / Event Date Event Price
Feb 4, 2010 Sold
Premium
Sold
May 28, 2008 Sold
Premium
Sold
Sep 11, 2007 Listed $394,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,216
  • Total Building Area: 2,075
  • Gross Building Area: 3,012
  • Building Area: 2,075
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,075
  • 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: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223100

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:54B B:0015 L:0
  • Block: 15
  • Municipality: IPSWICH
  • Latitude: 42.6702
  • Longitude: -70.8224

    Address

  • Full Address: 79 Argilla Rd
  • Address - House Number: 79
  • Address - Street Name: Argilla
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R004
  • 4-Digit Zip Code: 2603
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $948,200

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 763,551
  • High Value: 883,817
  • Low Value: 643,286

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $833,200
  • Assessed Land Value: $502,500
  • Assessed Improvements Value: $330,700

    Sales

  • Current Sale Recording Date: Feb 04, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 28, 2008
  • Previous Sale Amount: $325,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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 months ago
Data Source: MLS PIN, MLS# 70648756

Frequently Asked Questions

When was property at 79 Argilla Road built and last sold?
The property at 79 Argilla Road was built in 1953 and last sold on Jan 1, 1970 for $25,500.
How much is this home worth?
The estimated value of the home located at 79 Argilla Road is $396,673.
What are some comparable homes to 79 Argilla Road?
There are currently no comparable homes to 79 Argilla Road.
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