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Essex 01921
88 Valley Rd
$456,000
● House - Off Market

88 Valley Rd

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,894 Ft²
$675,127
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

NEEDS TLC, BUT, SO MUCH POTENTIAL! THIS 4 BEDROOM COLONIAL HAS 2.5 BATHS, 3 CAR GARAGE WITH BUILT-IN LIVING Space ABOVE,  AS WELL AS FINISHED BONUS SPACE IN THE LOWER LEVEL! BUILT ON OVER 2 ACRES IN DESIRABLE BOXFORD! ENJOY THE FRONT TO BACK FAMILY ROOM WITH CATHEDRAL CEILING & RECESSED LIGHTS, OPEN TO THE EAT IN KITCHEN AND FORMAL DINING ROOM. ACROSS A SHORT HALL WITH HALF BATH, YOU WILL FIND A FRONT TO BACK FORMAL LIVING ROOM WITH BRICK FIREPLACE AND A WONDERFUL HOME  OFFICE WITH LOTS OF NATURAL LIGHT AND VAULTED WOOD CEILINGS. PLENTY OF HARDWOOD THROUGHOUT, THE 4 BEDROOMS & 2 FULL BATHS ON THE 2ND FLOOR COMPLETE THIS HOME! MASTER BATH NOT FUNCTIONAL/NEEDS REHAB!
Unit Size
2,894 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$138
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1961

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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: 5 months ago (MLSPIN #71933984)

Price History

Date / Event Date Event Price
Sep 23, 2016 Sold
Premium
Sold
Nov 18, 2015 Listed by RE/MAX Partners $399,900
Listed by RE/MAX Partners
Aug 4, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 108,900
  • Total Building Area: 2,803
  • Gross Building Area: 5,486
  • Building Area: 2,803
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,803
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:011 B:001 L:012
  • Block: 1
  • Lot: 12
  • Municipality: BOXFORD
  • Latitude: 42.7091
  • Longitude: -71.0365

    Address

  • Full Address: 88 Valley Rd
  • Address - House Number: 88
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R004
  • 4-Digit Zip Code: 1312
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,051,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 855,328
  • High Value: 990,431
  • Low Value: 720,226

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $805,600
  • Assessed Land Value: $404,900
  • Assessed Improvements Value: $400,700

    Sales

  • Current Sale Contract Date: Sep 19, 2016
  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 575609
  • Previous Sale Recording Date: Aug 04, 1997
  • Previous Sale Amount: $277,777
  • Previous Sale Document Type: 43
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

2527 ft²

Average Home Age

71.9 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 71933984

Frequently Asked Questions

When was property at 88 Valley Road built and last sold?
The property at 88 Valley Road was built in 1961 and last sold on Sep 19, 2016 for $456,000.
How much is this home worth?
The estimated value of the home located at 88 Valley Road is $443,232.
What are some comparable homes to 88 Valley Road?
There are currently no comparable homes to 88 Valley Road.
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