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Essex 01951
9 Riverview Dr
$620,000
● House - Off Market

9 Riverview Dr

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,098 Ft²
$612,828
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Charming ranch located in the Old Town section of Newbury! This move-in ready home sits on a desirable dead end street surrounded by beautiful farmland. Home was updated throughout within the past 5 years including an updated kitchen, on-demand water system, newer furnace, newer central A/C, recessed lighting, & more. Cozy living space includes a fireplace and plenty of natural light. Open floor plan from kitchen to living room makes for a great space to entertain. Hardwood floors all throughout. 1 car garage leading to a covered patio space will be great for the summer days ahead! Showings start at open house Sat/Sun 11-1pm. Offers due by Monday at 6PM.
Unit Size
1,098 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$546
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1952

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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 #72983996)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
May 18, 2022 Listed by REAL Broker MA LLC $599,000
Listed by REAL Broker MA LLC
Oct 26, 2021 Sold
Premium
Sold
May 27, 2016 Sold
Premium
Sold
Apr 26, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 512
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,010
  • Total Building Area: 1,482
  • Gross Building Area: 2,062
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0R48 B:0000 L:00039
  • Lot: 39
  • Municipality: NEWBURY
  • Latitude: 42.7891
  • Longitude: -70.8511

    Address

  • Full Address: 9 Riverview Dr
  • Address - House Number: 9
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 1808
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 622,914
  • High Value: 732,384
  • Low Value: 513,444

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,500
  • Assessed Land Value: $281,400
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220701002210
  • Previous Sale Recording Date: Oct 26, 2021
  • Previous Sale Contract Date: Oct 26, 2021
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: O
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Unit for rent at 16 Chestnut, Newburyport, 01950

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,706 ft²
16 Chestnut, Newburyport, 01950 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72983996

Frequently Asked Questions

When was property at 9 Riverview Drive built and last sold?
The property at 9 Riverview Drive was built in 1952 and last sold on Jul 1, 2022 for $620,000.
How much is this home worth?
The estimated value of the home located at 9 Riverview Drive is $594,204.
What are some comparable homes to 9 Riverview Drive?
There are currently no comparable homes to 9 Riverview Drive.
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