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Essex 01938
9 Longmeadow
$350,000
● House - Off Market

9 Longmeadow

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,890 Ft²
$1,484,697
RealtyHop Estimate
272.10%
Since Dec 1, 1996
National-US
Primary Model

About This Property

SPECTACULAR TRADITIONAL HOME WITH CONTEMPORARY FLAIR. H/W FLRS. THROUGHOUT. COUNTRY KITCHEN W/FIREPLACE. FAMILY ROOM WITH LOFT AND VAULTED CEILINGS. MASTER BDRM. W/JACUZZI AND LOFT. FINE EXEC. NEIGHBORHOOD! CALL TODAY FOR APPOINTMENT.
Unit Size
3,890 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$103
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1987

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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 years ago (MLSPIN #30101492)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Nov 19, 1996 Sold
Premium
Sold
Apr 24, 1996 Listed $399,000
Listed
Oct 26, 1990 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 2,350
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 4,781
  • Gross Building Area: 7,230
  • Building Area: 4,781
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,781
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUSH HILL TRUST
  • Land Acres: 0000001030
  • 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: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:52B B:0081 L:0
  • Block: 81
  • Municipality: IPSWICH
  • Latitude: 42.6671
  • Longitude: -70.8717

    Address

  • Full Address: 9 Longmeadow Dr
  • Address - House Number: 9
  • Address - Street Name: Longmeadow
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1174
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,197,500

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 993,988
  • High Value: 1,149,612
  • Low Value: 838,363

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,052,300
  • Assessed Land Value: $436,100
  • Assessed Improvements Value: $616,200

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211118002800
  • Previous Sale Recording Date: Nov 19, 1996
  • Previous Sale Amount: $350,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30101492

Frequently Asked Questions

When was property at 9 Longmeadow Drive built and last sold?
The property at 9 Longmeadow Drive was built in 1987 and last sold on Nov 18, 2021 for $806,000.
How much is this home worth?
The estimated value of the home located at 9 Longmeadow Drive is $0.
What are some comparable homes to 9 Longmeadow Drive?
There are currently no comparable homes to 9 Longmeadow Drive.
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