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Essex 01951
9 16th St
$480,000
● House - Off Market

9 16th St

Newbury, MA 01951
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,629 Ft²
$918,032
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Summer is just around the corner  -  PLUM ISLAND -  A LIFESTYLE LIKE NO OTHER -   Just steps to the basin and ocean with rights of way -  Nicely updated kitchen with stainless steel appliances- Separate living area on 1st level for an in-law or college student or just a great private guest area  - Attractive Harvey siding & windows kitchen w/ stainless appl.,granite counters,vaulted ceiling/skylight brings in extra light - Newer roof - Fenced in yard w/two sheds/1 w/elec. -Large open deck w/views of the basin -  ound  Walk to restaurants (3) and stores - Outside hot and cold shower- generator ready - No updating needed
Unit Size
1,629 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$303
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1925

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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 #71638862)

Price History

Date / Event Date Event Price
Jun 2, 2014 Sold
Premium
Sold
Mar 1, 2014 Listed by Cashman Real Estate $493,900
Listed by Cashman Real Estate
May 15, 2006 Sold
Premium
Sold
Mar 7, 2006 Listed by Coldwell Banker Realty - Newburyport $500,000
Listed by Coldwell Banker Realty - Newburyport
This 4 bedroom year round home is just a short distance from the beach. Large deck with basin views. Lower level 430 sf of living space not included gross total.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 1,630
  • Gross Building Area: 2,586
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLUM BEACH CO SEC 01
  • Land Acres: 0000000117
  • 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:0U03 B:0000 L:00117
  • Lot: 117
  • Municipality: NEWBURY
  • Latitude: 42.8021
  • Longitude: -70.8102

    Address

  • Full Address: 9 16th St
  • Address - House Number: 9
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 1924
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $640,400

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 975,591
  • High Value: 1,139,816
  • Low Value: 811,366

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $833,900
  • Assessed Land Value: $420,500
  • Assessed Improvements Value: $413,400

    Sales

  • Current Sale Recording Date: Jun 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60200311
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

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71638862

Frequently Asked Questions

When was property at 9 16th Street built and last sold?
The property at 9 16th Street was built in 1925 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 9 16th Street is $504,291.
What are some comparable homes to 9 16th Street?
There are currently no comparable homes to 9 16th Street.
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