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Essex
8 William Fairfield Drive
Photo of 8 William Fairfield Drive
Sold on Apr 17, 2007

1

Map

$1,050,000
● House - Off Market

8 William Fairfield Drive

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,705 Ft²
$2,245,320
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

Picture perfect Colonial situated on a private scenic lot in the heart of Wenham!  This home features 4 bedrooms (1st floor master),4 1/2 baths,3 fireplaces,large family room,library/home office,formal living room, formal dining room,hardwood floors,bay windows with panoramic views,finished lower level,3 car garage,mud room,grand foyer,central A/C,private patio. Perfect for an in-law situation. Sellers to give buyers $10,000 Granite allowance for the kitchen at closing.
Unit Size
3,705 Ft²
Days on Market
-
Land Size
1.57 acres
Price per sqft
$324
Property Type
House
Property Taxes
$1,156
HOA Dues
-
Year Built
1984

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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 #70508442)

Price History

Date / Event Date Event Price
Apr 17, 2007 Sold
Premium
Sold
Jan 6, 2007 Listed $1,199,000
Listed
Dec 15, 1995 Sold
Premium
Sold
Sep 1, 1995 Listed $620,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 236
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,560
  • Total Building Area: 3,576
  • Gross Building Area: 8,072
  • Building Area: 3,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,576
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOXFORD OLDE FARMS CORP
  • Land Acres: 0000001528
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 588
  • Parcel: WENH M:16 L:116
  • Lot: 116
  • Municipality: WENHAM
  • Latitude: 42.6051
  • Longitude: -70.9166

    Address

  • Full Address: 8 William Fairfield Dr
  • Address - House Number: 8
  • Address - Street Name: William Fairfield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1124
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,001,100

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,461,136
  • High Value: 1,708,238
  • Low Value: 1,214,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,153,400
  • Assessed Land Value: $684,700
  • Assessed Improvements Value: $468,700

    Sales

  • Current Sale Recording Date: Apr 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 15, 1995
  • Previous Sale Amount: $601,000
  • 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

2523 ft²

Average Home Age

72.3 years

Currently For Sale

1497 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70508442

Frequently Asked Questions

When was property at 8 William Fairfield Drive built and last sold?
The property at 8 William Fairfield Drive was built in 1984 and last sold on Jan 1, 1970 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 8 William Fairfield Drive is $1,191,294.
What are some comparable homes to 8 William Fairfield Drive?
There are currently no comparable homes to 8 William Fairfield Drive.
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