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Rowley 01969
85 Main Street
$350,000
● House - Off Market

85 Main Street

Rowley, MA 01969
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,218 Ft²
$731,229
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

A quality colonial home with lots of character steps from the quickly growing Rowley.  Three levels of living, large lot, two additional buildings including a large beautifully finished two level finished barn previously used to operate a business.  Permit with town for use of business required for new owner. Pinewood floors throughout home and a finished 3rd level offering a great master suite alternative or entertainment room.  Bank owned - condition and systems are unknown, seller and representation make no warrantees.  This is a fantastic opportunity for a home business ranging from an attorney to an artist.
Unit Size
2,218 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$169
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #71574096)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Nov 7, 2013 Sold
Premium
Sold
Aug 23, 2013 Listed by Windhill Realty, LLC $374,900
Listed by Windhill Realty, LLC
Jun 28, 2013 Sold
Premium
Sold
Aug 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 76,174
  • Total Building Area: 1,530
  • Gross Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000001749
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

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

Geography

  • Parcel: ROWL M:0025 B:0095 L:0000
  • Block: 95
  • Municipality: ROWLEY
  • Latitude: 42.7115
  • Longitude: -70.8821

    Address

  • Full Address: 85 Main St
  • Address - House Number: 85
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rowley
  • Carrier Code: R003
  • 4-Digit Zip Code: 1800
  • Zip Code: 01969

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $511,700
  • Assessed Land Value: $190,400
  • Assessed Improvements Value: $321,300

    Sales

  • Current Sale Recording Date: Nov 07, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 311
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 34
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 Rowley

Stats & Trends

Median Asking:

$694,950

Sale Price/ft²

$411

Below Asking

0.03%

Average Days on Market

51

Average Home Size

1945 ft²

Average Home Age

42 years

Currently For Sale

5 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# 71574096

Frequently Asked Questions

When was property at 85 Main Street built and last sold?
The property at 85 Main Street was built in 1920 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 85 Main Street is $599,692.
What are some comparable homes to 85 Main Street?
There are currently no comparable homes to 85 Main Street.
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