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Essex 01969
85 Kittery Avenue
$820,000
● House - Off Market

85 Kittery Avenue

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,767 Ft²
$837,907
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Not very often do we come across a quintessential Maine post and beam sprawling cape with a pastoral setting in the lovely town of Rowley.  This one owner home features 3 bedrooms, 2.5 baths, a spacious great room with cathedral ceiling and loft, and wood flooring throughout most of the home.  Kitchen has beautiful hickory cabinets, granite countertops and stainless appliances.  A three-season porch, above ground pool, and farmers porch complete the enticing amenities you will enjoy this summer.  Come winter, enjoy a new boiler and the wood and pellet stoves.  This property, nicely sited on a 1.2 acre lot, is complemented by a two story barn offering endless possibilities for equestrian, hobbyist or contractor.
Unit Size
2,767 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$296
Property Type
House
Property Taxes
$769
HOA Dues
-
Year Built
1986

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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 #72989745)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Jun 1, 2022 Listed by Coldwell Banker Realty - Newburyport $819,000
Listed by Coldwell Banker Realty - Newburyport
Dec 2, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,435
  • Total Building Area: 2,564
  • Gross Building Area: 5,929
  • Building Area: 2,564
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,564
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001204
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 270100

Geography

  • Parcel: ROWL M:0031 B:0021 L:0026
  • Block: 21
  • Lot: 26
  • Municipality: ROWLEY
  • Latitude: 42.7351
  • Longitude: -70.8719

    Address

  • Full Address: 85 Kittery Ave
  • Address - House Number: 85
  • Address - Street Name: Kittery
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1013
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $950,900

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 913,568
  • High Value: 1,056,930
  • Low Value: 770,205

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $785,900
  • Assessed Land Value: $322,400
  • Assessed Improvements Value: $463,500

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220722003640
  • Previous Sale Recording Date: Dec 02, 1986
  • Previous Sale Amount: $70,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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: 4 months ago
Data Source: MLS PIN, MLS# 72989745

Frequently Asked Questions

When was property at 85 Kittery Avenue built and last sold?
The property at 85 Kittery Avenue was built in 1986 and last sold on Jul 22, 2022 for $820,000.
How much is this home worth?
The estimated value of the home located at 85 Kittery Avenue is $842,462.
What are some comparable homes to 85 Kittery Avenue?
There are currently no comparable homes to 85 Kittery Avenue.
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