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Essex 01951
84 Old Point Rd
$320,000
● House - Off Market

84 Old Point Rd

Newbury, MA 01951
bedrooms
2 Beds
bathrooms
1 Bath
square feet
660 Ft²
$497,689
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Come enjoy all that Plum Island has to offer. This property has a DOUBLE LOT!!! Adorable cottage with two bedrooms recently renovated. Renovations include roof, siding, insulation, windows, and kitchen. Interior recently freshly painted.  Come enjoy the summer! Leave the extra lot as is and let all your family and friends use it for parking or put up a volleyball court and have some fun in the sun!  You can also tear down existing house and build your dream home. You would have amazing panoramic view of all the island has to offer. Tenants currently occupy property.
Unit Size
660 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$498
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1928

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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: 6 months ago (MLSPIN #72309324)

Price History

Date / Event Date Event Price
Sep 4, 2018 Sold
Premium
Sold
Apr 16, 2018 Listed by William Raveis the Dolores Person $329,000
Listed by William Raveis the Dolores Person
Aug 6, 2002 Sold
Premium
Sold
Mar 25, 2002 Listed by Bentley's $149,900
Listed by Bentley's
PROPERTY BEING SOLD "AS IS".

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,860
  • Total Building Area: 780
  • Gross Building Area: 1,800
  • Building Area: 780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • 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:0U05 B:0000 L:00051
  • Lot: 51
  • Municipality: NEWBURY
  • Latitude: 42.8059
  • Longitude: -70.8172

    Address

  • Full Address: 84 Old Point Rd
  • Address - House Number: 84
  • Address - Street Name: Old Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 1334
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,400

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 652,227
  • High Value: 776,879
  • Low Value: 527,574

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $729,700
  • Assessed Land Value: $587,000
  • Assessed Improvements Value: $142,700

    Sales

  • Current Sale Recording Date: Sep 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180904001390
  • Previous Sale Recording Date: Apr 11, 2018
  • 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

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72309324

Frequently Asked Questions

When was property at 84 Old Point Road built and last sold?
The property at 84 Old Point Road was built in 1928 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 84 Old Point Road is $328,580.
What are some comparable homes to 84 Old Point Road?
There are currently no comparable homes to 84 Old Point Road.
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