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Essex 01921
8 Silvermine Rd
$340,000
● House - Off Market

8 Silvermine Rd

Boxford, MA 01921
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,324 Ft²
$633,390
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Bring your ideas!  Great opportunity in neighborhood setting.  Total rehab for large multi level home.  Some frozen piping in Feb. Hot water tank disconnected. Electric heat. Most of Carpet removed.  Title V inspection pending.  Septic replaced in 2001, 4 bedroom design. Property to be sold "AS IS".
Unit Size
2,324 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$159
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1975

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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 #70562934)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Sep 2, 2021 Listed by Coldwell Banker Residential Brokerage - Andover $749,000
Listed by Coldwell Banker Residential Brokerage - Andover
Dec 31, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by Coldwell Banker Residential Brokerage - Andover $674,900
Listed by Coldwell Banker Residential Brokerage - Andover
Jun 5, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 135,036
  • Total Building Area: 2,396
  • Gross Building Area: 4,107
  • Building Area: 2,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,396
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACON & PINE STREET CONDO
  • Land Acres: 0000003100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:009 B:002 L:004
  • Block: 2
  • Lot: 4
  • Municipality: BOXFORD
  • Latitude: 42.7163
  • Longitude: -71.0648

    Address

  • Full Address: 8 Silvermine Rd
  • Address - House Number: 8
  • Address - Street Name: Silvermine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1106
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,077,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 852,652
  • High Value: 997,932
  • Low Value: 707,371

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $825,400
  • Assessed Land Value: $410,900
  • Assessed Improvements Value: $414,500

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211101003850
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Nov 19, 2020
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: O
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 70562934

Frequently Asked Questions

When was property at 8 Silvermine Road built and last sold?
The property at 8 Silvermine Road was built in 1975 and last sold on Oct 28, 2021 for $780,000.
How much is this home worth?
The estimated value of the home located at 8 Silvermine Road is $773,856.
What are some comparable homes to 8 Silvermine Road?
There are currently no comparable homes to 8 Silvermine Road.
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