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Essex
8 Conrad Circle
$380,000
● House - Off Market

8 Conrad Circle

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,209 Ft²
$788,810
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Sited on an elevated acre of land this wonderful split entry home has been recently renovated in 2011-12 with an open floor plan, living room, dining room, kitchen, 2 new baths, wood floors, 2 fireplaces, large family room, new laundry room and 2 car attached garage. Painted inside and out, updated plumbing and electrical and new roof. Total move-in condition.
Unit Size
1,209 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$330
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1964

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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 #71450467)

Price History

Date / Event Date Event Price
Apr 30, 2013 Sold
Premium
Sold
Oct 22, 2012 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Nov 9, 2010 Sold
Premium
Sold
May 1, 2010 Listed by J. Barrett & Company $329,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 620
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 1,138
  • Gross Building Area: 2,370
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 467
  • Parcel: WENH M:15 L:31
  • Lot: 31
  • Municipality: WENHAM
  • Latitude: 42.6051
  • Longitude: -70.9259

    Address

  • Full Address: 8 Conrad Cir
  • Address - House Number: 8
  • Address - Street Name: Conrad
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1202
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $987,200

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 745,285
  • High Value: 859,673
  • Low Value: 630,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,000
  • Assessed Land Value: $374,300
  • Assessed Improvements Value: $194,700

    Sales

  • Current Sale Recording Date: Apr 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 542010
  • Previous Sale Recording Date: Nov 09, 2010
  • Previous Sale Amount: $297,500
  • Previous Sale Document Type: 48
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71450467

Frequently Asked Questions

When was property at 8 Conrad Circle built and last sold?
The property at 8 Conrad Circle was built in 1964 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 8 Conrad Circle is $555,399.
What are some comparable homes to 8 Conrad Circle?
There are currently no comparable homes to 8 Conrad Circle.
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