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Essex 01938
8 Nags Head Road
Photo of 8 Nags Head Road
Sold on Dec 10, 2010

1

Map

$925,000
● House - Off Market

8 Nags Head Road

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,135 Ft²
$3,016,431
RealtyHop Estimate
123.44%
Since Jan 1, 2011
National-US
Primary Model

About This Property

This charming contemporary 4 bedroom farmhouse is brimming with natural light. Each window reveals nature's vista.  Sited on a 30 acre lot complete with a 10 stall barn,grain room, tack room, utility room and hay loft.  The grounds include the  paddocks, exercise round ring,  3 sheds for storage and 2 large run-ins in the pasture.  Nature, privacy AND all the comforts of home wrapped into one!! See MLS#71103059 for an adjoining 3 acre parcel.
Unit Size
3,135 Ft²
Days on Market
-
Land Size
30.56 acres
Price per sqft
$431
Property Type
House
Property Taxes
$929
HOA Dues
-
Year Built
1990

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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: 2 years ago (MLSPIN #71103061)

Price History

Date / Event Date Event Price
Dec 10, 2010 Sold
Premium
Sold
Jun 29, 2010 Listed by RE/MAX Village Properties $1,350,000
Listed by RE/MAX Village Properties
Mar 15, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,235
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,331,629
  • Total Building Area: 3,135
  • Gross Building Area: 5,391
  • Building Area: 3,135
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,135
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRADSTREET LANE PRCL B
  • Land Acres: 0000030570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:012 B:0008 L:0
  • Block: 8
  • Municipality: IPSWICH
  • Latitude: 42.7105
  • Longitude: -70.8747

    Address

  • Full Address: 8 Nags Head Rd
  • Address - House Number: 8
  • Address - Street Name: Nags Head
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1263
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,477,700

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,554,949
  • High Value: 1,799,585
  • Low Value: 1,310,313

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,298,500
  • Assessed Land Value: $693,200
  • Assessed Improvements Value: $605,300

    Sales

  • Current Sale Recording Date: Dec 10, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 15, 2001
  • Previous Sale Amount: $900,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71103061

Frequently Asked Questions

When was property at 8 Nags Head Road built and last sold?
The property at 8 Nags Head Road was built in 1990 and last sold on Jan 1, 1970 for $925,000.
How much is this home worth?
The estimated value of the home located at 8 Nags Head Road is $0.
What are some comparable homes to 8 Nags Head Road?
There are currently no comparable homes to 8 Nags Head Road.
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