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Essex 01969
8 Fenno Drive
$393,000
● House - Off Market

8 Fenno Drive

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,933 Ft²
$729,740
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Custom Cape with extraordinary curb appeal.  Oversized corner lot that offers privacy and flat lot for your gardening and enjoyment.  This home has excellent bones and offers many options including first floor master if needed with full bath on first floor.  Second floor offers large master and two room suite or 3 bedrooms.  Beautiful hardwood floors in almost every room (only baths and kitchen have lino). This is the kind of home that you can enjoy upgrading and feel comfortable with your investment.
Unit Size
1,933 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$222
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1956

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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 #71982525)

Price History

Date / Event Date Event Price
Jun 8, 2016 Sold
Premium
Sold
Apr 4, 2016 Listed by Rowley Realty $429,900
Listed by Rowley Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 1,113
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,841
  • Total Building Area: 2,074
  • Gross Building Area: 3,840
  • Building Area: 2,074
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,074
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001098
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0028 B:0015 L:0000
  • Block: 15
  • Municipality: ROWLEY
  • Latitude: 42.7307
  • Longitude: -70.8843

    Address

  • Full Address: 8 Fenno Dr
  • Address - House Number: 8
  • Address - Street Name: Fenno
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Rowley
  • Carrier Code: R002
  • 4-Digit Zip Code: 1005
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $717,200

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 742,587
  • High Value: 861,638
  • Low Value: 623,535

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,700
  • Assessed Land Value: $275,300
  • Assessed Improvements Value: $317,400

    Sales

  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 241
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

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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71982525

Frequently Asked Questions

When was property at 8 Fenno Drive built and last sold?
The property at 8 Fenno Drive was built in 1956 and last sold on Jan 1, 1970 for $393,000.
How much is this home worth?
The estimated value of the home located at 8 Fenno Drive is $449,541.
What are some comparable homes to 8 Fenno Drive?
There are currently no comparable homes to 8 Fenno Drive.
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