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Essex
8 Greentree Ln
$446,500
● House - Off Market

8 Greentree Ln

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,642 Ft²
$686,715
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Bright and sunny expanded 3 bedroom ,1.5 bath Ranch in desirable Academy Park section of Byfield. Open floor plan perfect for entertaining with renovated kitchen including granite countertops. New Bath with tiled floor and tub/shower. 2-car garage on a fantastic level 67-acre lot with deck. Wonderful quiet neighborhood setting with loads of privacy with the convenience of being close to Rt. 1/95.    First showings at Open House Thursday, March 30th 5:30-7p.m. and Sunday, April 2nd 12-2.  All offers due by 12p.m. on Tuesday, April 4, 2017.
Unit Size
1,642 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$259
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72136772)

Price History

Date / Event Date Event Price
May 18, 2017 Sold
Premium
Sold
Mar 28, 2017 Listed by J. Barrett & Company $425,000
Listed by J. Barrett & Company
Jul 16, 2009 Sold
Premium
Sold
May 13, 2009 Listed by J. Barrett & Company $379,000
Listed by J. Barrett & Company
Jan 20, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 308
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,146
  • Total Building Area: 1,504
  • Gross Building Area: 2,550
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000669
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R01 B:0000 L:00027
  • Lot: 27
  • Municipality: NEWBURY
  • Latitude: 42.7388
  • Longitude: -70.9123

    Address

  • Full Address: 8 Greentree Ln
  • Address - House Number: 8
  • Address - Street Name: Greentree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Byfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2806
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,700

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 692,748
  • High Value: 810,032
  • Low Value: 575,465

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,200
  • Assessed Land Value: $319,700
  • Assessed Improvements Value: $320,500

    Sales

  • Current Sale Recording Date: May 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 152
  • Previous Sale Recording Date: Jul 16, 2009
  • Previous Sale Amount: $370,000
  • 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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72136772

Frequently Asked Questions

When was property at 8 Greentree Lane built and last sold?
The property at 8 Greentree Lane was built in 1959 and last sold on Jan 1, 1970 for $446,500.
How much is this home worth?
The estimated value of the home located at 8 Greentree Lane is $440,052.
What are some comparable homes to 8 Greentree Lane?
There are currently no comparable homes to 8 Greentree Lane.
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