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Essex
8 Main Street
Photo of 8 Main Street
Sold on Dec 6, 2005

1

Map

$380,000
● House - Off Market

8 Main Street

Newbury, MA 01922
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,836 Ft²
$668,139
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Beautiful home with 3 car garage. Excellent commuter location, close to 95 and the commuter rail. 3 bed, 1.5 bath Cape with custom built-ins, french doors, family room, deck and porch. Plenty of closet space and skylight! Large flat Lot. Updated wiring, plumbing and heating system. Only $388,900. Title V approved.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$212
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #70176035)

Price History

Date / Event Date Event Price
Dec 6, 2005 Sold
Premium
Sold
Apr 18, 2005 Listed $388,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,661
  • Total Building Area: 1,671
  • Gross Building Area: 3,342
  • Building Area: 1,671
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,671
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000589
  • 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:0R19 B:0000 L:00046
  • Lot: 46
  • Municipality: NEWBURY
  • Latitude: 42.7492
  • Longitude: -70.9484

    Address

  • Full Address: 8 Main St
  • Address - House Number: 8
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Byfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1217
  • Zip Code: 01922

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $481,800

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 683,173
  • High Value: 788,029
  • Low Value: 578,317

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $627,400
  • Assessed Land Value: $332,200
  • Assessed Improvements Value: $295,200

    Sales

  • Current Sale Recording Date: Dec 06, 2005
  • Current Sale Price:
    Premium
  • Current 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 70176035

Frequently Asked Questions

When was property at 8 Main Street built and last sold?
The property at 8 Main Street was built in 1900 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 Main Street is $410,891.
What are some comparable homes to 8 Main Street?
There are currently no comparable homes to 8 Main Street.
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