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Essex
11 Postgate Rd
$465,000
● House - Off Market

11 Postgate Rd

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,708 Ft²
$451,538
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Big price adjustment on this property - Seller says Sell! Priced well under assessed value.  This 'L' shaped ranch  is built into a hillside in a cul de sac neighborhood and lends itself well to single level living. Featuring fireplaced living spaces and lots of bonus hobby/ storage space, it is a canvas to renovate and update. This home is ready for its next family. Front yard features mature perennial plantings,and patio space near mud room entry. Sunroom lights up family room and  overlooks rear yard and wooded vista.  Lengthy single bay garage leads to  large laundry/work room and space for indoor gym/ media room in the basement. All appliances will be left as gifts, house to be sold in "As Is" condition. No buyer letters. Please do not enter premises without list agent.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$257
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1958

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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 #72994717)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by J. Barrett & Company $439,000
Listed by J. Barrett & Company
Apr 26, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,708
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,110
  • Total Building Area: 1,708
  • Gross Building Area: 3,696
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • Census Tract: 215101

Zoning

  • Zoning: R1A

Geography

  • Account Number: 1909
  • Parcel: HAMI M:65 B:45
  • Block: 45
  • Lot: 45
  • Municipality: HAMILTON
  • Latitude: 42.6096
  • Longitude: -70.8332

    Address

  • Full Address: 11 Postgate Rd
  • Address - House Number: 11
  • Address - Street Name: Postgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C001
  • 4-Digit Zip Code: 2412
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $968,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 690,759
  • High Value: 813,498
  • Low Value: 568,019

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $641,200
  • Assessed Land Value: $325,800
  • Assessed Improvements Value: $315,400

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 638215
  • Previous Sale Recording Date: Apr 26, 1991
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: 43
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72994717

Frequently Asked Questions

When was property at 11 Postgate Road built and last sold?
The property at 11 Postgate Road was built in 1958 and last sold on Jul 29, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 11 Postgate Road is $458,379.
What are some comparable homes to 11 Postgate Road?
There are currently no comparable homes to 11 Postgate Road.
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