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Essex
11 Central Ave
$255,000
● House - Off Market

11 Central Ave

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,904 Ft²
$582,053
RealtyHop Estimate
106.40%
Since Oct 1, 2012
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED 6/29/12. FOR NON HUD APPROVED AGENTS AND THE PUBLIC!!! If you are a HUD registered broker you do not need to set up an appointment or notify the HUD designated MLS Listing Broker when you want to show one of our HUD Homes. Please use your HUD key for access anytime. INSURABILITY CODE:(IE)..HUD CASE # 251-361462. NO WARRANTIES, GUARANTEES OR REPRESENTATION EITHER EXPRESSED OR IMPLIED BY BROKER OR OWNER. SOLD IN 'AS-IS' CONDITION.
Unit Size
1,904 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$148
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #71362514)

Price History

Date / Event Date Event Price
Oct 10, 2012 Sold
Premium
Sold
Sep 10, 2012 Sold
Premium
Sold
Apr 5, 2012 Listed by Cantave Realty Group, Inc. $282,000
Listed by Cantave Realty Group, Inc.
Nov 8, 2011 Sold
Premium
Sold
Nov 9, 2009 Listed by By The Sea Sotheby's International Realty $299,000
Listed by By The Sea Sotheby's International Realty
Currently seeking Short Sale approval. Updates on the property within the last 2-3 years include new roof, Anderson windows on the first floor, furnace, and electrical. Rear deck in need of repair or replacement. Back yard is fenced. Great value for the right buyer.
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,839
  • Total Building Area: 1,697
  • Gross Building Area: 3,789
  • Building Area: 1,697
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,697
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • Census Tract: 215102

Zoning

  • Zoning: R1A

Geography

  • Account Number: 616
  • Parcel: HAMI M:47 B:90
  • Block: 90
  • Lot: 90
  • Municipality: HAMILTON
  • Latitude: 42.6224
  • Longitude: -70.8829

    Address

  • Full Address: 11 Central Ave
  • Address - House Number: 11
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C002
  • 4-Digit Zip Code: 2007
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $923,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 684,292
  • High Value: 805,231
  • Low Value: 563,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,900
  • Assessed Land Value: $260,800
  • Assessed Improvements Value: $350,100

    Sales

  • Current Sale Recording Date: Oct 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 08, 2011
  • Previous Sale Amount: $558,735
  • Previous Sale Document Type: 34
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2466 ft²

Average Home Age

72.4 years

Currently For Sale

1380 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: 6 months ago
Data Source: MLS PIN, MLS# 71362514

Frequently Asked Questions

When was property at 11 Central Avenue built and last sold?
The property at 11 Central Avenue was built in 1900 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 11 Central Avenue is $307,767.
What are some comparable homes to 11 Central Avenue?
There are currently no comparable homes to 11 Central Avenue.
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