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Newburyport 01950
8 Bourbeau Terrace
$657,500
● House - Off Market

8 Bourbeau Terrace

Newburyport, MA 01950
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,608 Ft²
$1,461,242
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Bourbeau Estates!  Spacious, light & bright classic Colonial on 1/2 acre.  Features 4 large bedrooms, 2 1/2 baths newly updated w/ tile/granite, fireplaced family room w/ built-ins & hardwood, living room, formal dining room opening to large 18 x 11 screened porch for added seasonal living space, playroom, open concept updated kitchen w/ enclosed sunroom leading to deck overlooking in-ground pool & nicely landscaped yard.  Abundant storage in 2-car garage, basement, attic & many closets.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$260
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
1989

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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 #71366872)

Price History

Date / Event Date Event Price
Aug 3, 2012 Sold
Premium
Sold
Apr 13, 2012 Listed by William Raveis the Dolores Person $679,000
Listed by William Raveis the Dolores Person

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 20,436
  • Total Building Area: 2,608
  • Gross Building Area: 5,184
  • Building Area: 2,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOURBEAU ESTATES NEWBURYPORT
  • Land Acres: 0000000469
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newburyport School District
  • School Tax School District: NEWBURYPORT SD
  • Census Tract: 268100

Geography

  • District: 206
  • Parcel: NEWP M:0102 B:0005R L:0000
  • Block: 5R
  • Municipality: NEWBURYPORT
  • Latitude: 42.8099
  • Longitude: -70.9257

    Address

  • Full Address: 8 Bourbeau Ter
  • Address - House Number: 8
  • Address - Street Name: Bourbeau
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Newburyport
  • Carrier Code: C019
  • 4-Digit Zip Code: 3363
  • Zip Code: 01950

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,105,900

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,075,813
  • High Value: 1,260,603
  • Low Value: 891,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,109,200
  • Assessed Land Value: $453,300
  • Assessed Improvements Value: $655,900

    Sales

  • Current Sale Recording Date: Aug 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Newburyport

Stats & Trends

Median Asking:

$1,000,000

Sale Price/ft²

$567

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2370 ft²

Average Home Age

93.8 years

Currently For Sale

64 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: 6 months ago
Data Source: MLS PIN, MLS# 71366872

Frequently Asked Questions

When was property at 8 Bourbeau Terrace built and last sold?
The property at 8 Bourbeau Terrace was built in 1989 and last sold on Jan 1, 1970 for $657,500.
How much is this home worth?
The estimated value of the home located at 8 Bourbeau Terrace is $729,544.
What are some comparable homes to 8 Bourbeau Terrace?
There are currently no comparable homes to 8 Bourbeau Terrace.
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