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Essex 01938
9 Mill Road
$505,000
● House - Off Market

9 Mill Road

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,526 Ft²
$786,629
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

"Dignified Home Ownership" best describes this "Quintessential New England Cape Cod Style Home"  located on  a 1 Acre Picturesque Corner Lot . Home Features :  6 Rooms ,3 Bedrooms,2 Bathrooms ,1 Car Attached Garage ,  Natural Woodwork Trim  and Hardwood Floors, Natural Pine Kitchen with Double Sinks, Open Dining Room with a Built- In Hutch ,Open Family Room with Brick Fireplace and Mantle ,Large  Master Bedroom Suite  with Half Bathroom, and 3 Closets, 3 Season Sunroom/Breezeway , 1 Owner, A Must See Beautiful Back Yard !!  " WECOME HOME" & "WELCOME to IPSWICH" !!    ********  1st SHOWING SATURDAY JULY 29th  11am-12:30 pm  OPEN HOUSE  ********
Unit Size
1,526 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$325
Property Type
House
Property Taxes
$550
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 #72203747)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Jul 26, 2017 Listed by Doyle Real Estate $495,900
Listed by Doyle Real Estate
Jan 21, 2000 Sold
Premium
Sold
Aug 3, 1999 Listed $289,900
Listed
MILL PLACE- AVAILABLE TO CLOSE IN NOVEMBER/DECEMBER!! EASTERN STYLE HOME HAS 1ST FLOOR LAUNDRY AND GREAT 1ST FLOOR LAYOUT WITH CATHEDRAL CEILING IN FAMILY ROOM CALL TODAY FOR FURTHER DETAILS AND PLANS

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • 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: 1,456
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,694
  • Gross Building Area: 5,027
  • Building Area: 2,694
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,694
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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:53A B:0028 L:0
  • Block: 28
  • Municipality: IPSWICH
  • Latitude: 42.6659
  • Longitude: -70.8594

    Address

  • Full Address: 9 Mill Rd
  • Address - House Number: 9
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1608
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,040,700

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 907,344
  • High Value: 1,046,361
  • Low Value: 768,327

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $914,500
  • Assessed Land Value: $383,300
  • Assessed Improvements Value: $531,200
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

2532 ft²

Average Home Age

73 years

Currently For Sale

1479 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# 72203747

Frequently Asked Questions

When was property at 9 Mill Road built and last sold?
The property at 9 Mill Road was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Mill Road is $506,954.
What are some comparable homes to 9 Mill Road?
There are currently no comparable homes to 9 Mill Road.
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