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Essex
9 Walnut Rd
$700,000
● House - Off Market

9 Walnut Rd

Wenham, MA 01984
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,134 Ft²
$625,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Picture perfect cape situated in a prime location with easy access to all that Hamilton and Wenham have to offer - train to Boston/Newburyport, schools, restaurants, Honeycomb, shops, walking trails, Patton Park and so much more.  Come and see this cozy 2 bedroom, 1.5 bath home, with a newly updated kitchen and baths.   Beautiful built-ins cabinets in dining room, hardwood floors throughout, spacious living room with fireplace opening to a sun-filled brick terrace with a manageable backyard.  Attached workshop that could easily be converted back to a garage or studio.  Don't miss the chance to live in this fantastic neighborhood!
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$551
Property Type
House
Property Taxes
$867
HOA Dues
-
Year Built
1956

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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 months ago (MLSPIN #73160840)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Sep 21, 2023 In contract -
In contract
Sep 19, 2023 Listed by J. Barrett & Company $625,000
Listed by J. Barrett & Company
Jun 8, 2016 Sold
Premium
Sold
Mar 17, 2016 Listed by J. Barrett & Company $409,000
Listed by J. Barrett & Company
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 729
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,134
  • Gross Building Area: 2,378
  • Building Area: 1,134
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,134
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 429
  • Parcel: WENH M:14 L:33
  • Lot: 33
  • Municipality: WENHAM
  • Latitude: 42.6074
  • Longitude: -70.8685

    Address

  • Full Address: 9 Walnut Rd
  • Address - House Number: 9
  • Address - Street Name: Walnut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1645
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,039,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $599,300
  • Assessed Land Value: $457,200
  • Assessed Improvements Value: $142,100

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231117001120
  • Previous Sale Recording Date: Jun 08, 2016
  • Previous Sale Amount: $409,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73160840

Frequently Asked Questions

When was property at 9 Walnut Road built and last sold?
The property at 9 Walnut Road was built in 1956 and last sold on Nov 17, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 9 Walnut Road is $617,897.
What are some comparable homes to 9 Walnut Road?
There are currently no comparable homes to 9 Walnut Road.
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