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Ipswich 01938
88 Argilla Road
$544,000
● House - Off Market

88 Argilla Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,704 Ft²
$837,668
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

First time offered in over 50 years! Gorgeous private and elevated location for this 3 bedroom custom cape with 1.8 acres. Beautiful overland views to many acres of farmlands across the street that are protected by an Essex County Greenbelt conservation restriction. Well-loved 1955 cape has handsome woodwork; pretty oak floors, large eat-in kitchen; formal dining room and a front-to-back living room with fireplace. Property sold in "As-Is" condition, except for septic system. Only 3 miles to Castle Hill & Crane Beach. Offers will not be responded to before February 6th at 8:00 p.m. EST.
Unit Size
1,704 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$329
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1955

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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 #72448185)

Price History

Date / Event Date Event Price
Mar 8, 2019 Sold
Premium
Sold
Feb 1, 2019 Listed by Coldwell Banker Residential Brokerage - Beverly $560,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 782
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 2,353
  • Gross Building Area: 3,562
  • Building Area: 2,353
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,353
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223200

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:54B B:0011 L:0
  • Block: 11
  • Municipality: IPSWICH
  • Latitude: 42.6708
  • Longitude: -70.82

    Address

  • Full Address: 88 Argilla Rd
  • Address - House Number: 88
  • Address - Street Name: Argilla
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R004
  • 4-Digit Zip Code: 2653
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,185,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 926,349
  • High Value: 1,072,058
  • Low Value: 780,639

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,042,000
  • Assessed Land Value: $572,300
  • Assessed Improvements Value: $469,700

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190308002410
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 Ipswich

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$438

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1574 ft²

Average Home Age

81.4 years

Currently For Sale

18 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# 72448185

Frequently Asked Questions

When was property at 88 Argilla Road built and last sold?
The property at 88 Argilla Road was built in 1955 and last sold on Mar 1, 2019 for $544,000.
How much is this home worth?
The estimated value of the home located at 88 Argilla Road is $577,460.
What are some comparable homes to 88 Argilla Road?
There are currently no comparable homes to 88 Argilla Road.
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