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Essex
84 Cedar St
$545,000
● House - Off Market

84 Cedar St

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,980 Ft²
$853,671
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

This totally renovated, picture-perfect cape will take your breath away! The open flow living/dining area is light and bright with gleaming hardwood floors. The kitchen offers beautiful granite counters accented by a glass tile backsplash and new hardwood floors. Two bedrooms and a full bath complete the first floor. The second level master suite is complete with spacious sitting area, an outstanding master bath, and walk in closet featuring laundry. This desirable Wenham location is close to route 97 with easy access to highways. The property abuts the Cedar Pond trails, is a short walk to the Wenham Rail trail, and has additional trails across the street around the Wenham lake.
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$275
Property Type
House
Property Taxes
$778
HOA Dues
-
Year Built
1950

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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 #72145895)

Price History

Date / Event Date Event Price
Jun 23, 2017 Sold
Premium
Sold
Apr 14, 2017 Listed by RE/MAX Advantage Real Estate $545,000
Listed by RE/MAX Advantage Real Estate
May 2, 2016 Sold
Premium
Sold
Feb 25, 2016 Listed by RE/MAX Advantage Real Estate $534,900
Listed by RE/MAX Advantage Real Estate
Jul 15, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,164
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,244
  • Total Building Area: 1,929
  • Gross Building Area: 3,588
  • Building Area: 1,929
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,929
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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: 996
  • Parcel: WENH M:25 L:23
  • Lot: 23
  • Municipality: WENHAM
  • Latitude: 42.5982
  • Longitude: -70.9026

    Address

  • Full Address: 84 Cedar St
  • Address - House Number: 84
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1535
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,070,800

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 800,028
  • High Value: 934,700
  • Low Value: 665,356

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,200
  • Assessed Land Value: $364,100
  • Assessed Improvements Value: $253,100

    Sales

  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 490
  • Previous Sale Recording Date: May 02, 2016
  • Previous Sale Amount: $536,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72145895

Frequently Asked Questions

When was property at 84 Cedar Street built and last sold?
The property at 84 Cedar Street was built in 1950 and last sold on Jan 1, 1970 for $545,000.
How much is this home worth?
The estimated value of the home located at 84 Cedar Street is $563,597.
What are some comparable homes to 84 Cedar Street?
There are currently no comparable homes to 84 Cedar Street.
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