WaterfrontWaterfront, River, Dock, Marina, Marsh/Swamp
MLS #73299995
Lot Size1.09 Acres
StatusActive (Price Changed)
About 122-132 Main St
Contractors, investors & developers take notice! RARE OPPORTUNITY to purchase 1.09 acres of adjacent lots currently home to a restaurant and motel/inn. This is an amazing development opportunity for waterfront condominiums with picturesque views of the Essex River looking at Cranes Beach and Hog Island. This development includes 17 private dock slips on the water encompassing both properties. Property is on town water and sewer. Parking is plentiful however seller will entertain a sale at an additional neighboring property for more parking. Possibilities here are endless. Located along the Essex Causeway this property offers close proximity to so much! Restaurants, shopping, marinas and much more. Accessible to routes 133, 22, 1A and 95. This is the perfect location for your next project! Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty - Andover
Office Phone: (978) 475-2201
Listing Agent: Piantidosi Group
Exterior Features
Exterior Information:
Waterfront: Waterfront, River, Dock, Marina, Marsh/Swamp
Lot Features
Lot Information:
Lot: Level
Lot Size: 1.09 Acres
Other
Directions Information:
Directions: Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $5,300,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73299995
Listing Office:
Office Name: Coldwell Banker Realty - Andover
Office Phone: (978) 475-2201
Listing Agent: Piantidosi Group
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$26.5K
Per Month
Principal & Interest
$26.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15.9K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Essex Elementary School
12 Story St
Distance between this listing and this school0.97 miles
Public District Grades KG-5
6
/10
West Parish
10 Concord St
Distance between this listing and this school3.11 miles
Public District Grades KG-5
8
/10
Manchester Memorial Elementary School
43 Lincoln St
Distance between this listing and this school3.42 miles
Public District Grades KG-5
Nearby Schools
7
/10
Manchester Essex Regional Middle School
36 Lincoln St
Distance between this listing and this school3.21 miles
Public District Grades 6-8
9
/10
Miles River Middle School
787 Bay Rd
Distance between this listing and this school3.82 miles
Public District Grades 6-8
4
/10
Ralph B O'Maley Middle School
32 Cherry St
Distance between this listing and this school5.04 miles
Public District Grades 6-8
Nearby Schools
9
/10
Manchester Essex Regional High School
36 Lincoln St
Distance between this listing and this school3.21 miles
Public District Grades 9-12
8
/10
Hamilton Wenham Regional High School
775 Bay Rd
Distance between this listing and this school3.93 miles
Public District Grades 9-12
3
/10
Gloucester High School
32 Leslie O Johnson Rd
Distance between this listing and this school4.96 miles
The neighbors living near this home have an average income of $79,598. Typical income of Essex County, MA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 122-132 Main St
What is the listing price of this property?
The listing price of 122-132 Main St property is $5,300,000.
What type of property is this?
The property 122-132 Main St is land located in Essex, Massachusetts, 01929.
Is this property for sale now?
Active Listing: 122-132 Main St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 122-132 Main St in Essex, MA and zip code 01929. This home sits on a 1.09 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $5,300,000.
Essex County, MA housing market in October 2024 saw over 357 listings sold above listed price, more than 58 sold at listed price and over 208 sold below. The number of listings in Essex County, MA increased by 2% between September 2024 and October 2024. In October 2024 median list price was $650,789 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.