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Essex
11 Rust Street
$383,400
● House - Off Market

11 Rust Street

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,204 Ft²
$590,759
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Charming Cape style home on a tree-lined street offers a bright family room, ample bedrooms, wide pine flooring, large mudroom/laundry room, and a flexible floor plan to utilize various rooms as dining area, office or bedrooms. Sited on a level fenced lot and in close proximity to downtown shops, restaurants, Patton Park, community pool and commuter rail here is your opportunity to get into Hamilton.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$331
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72314847)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
Apr 25, 2018 Listed by Keller Williams Realty Evolution $399,000
Listed by Keller Williams Realty Evolution
Mar 17, 2003 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 828
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 1,044
  • Gross Building Area: 2,168
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 1098
  • Parcel: HAMI M:55 B:168
  • Block: 168
  • Lot: 168
  • Municipality: HAMILTON
  • Latitude: 42.6124
  • Longitude: -70.876

    Address

  • Full Address: 11 Rust St
  • Address - House Number: 11
  • Address - Street Name: Rust
  • Address - Suffix Type: St
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C003
  • 4-Digit Zip Code: 2222
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $736,600

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 588,716
  • High Value: 688,880
  • Low Value: 488,552

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,500
  • Assessed Land Value: $256,200
  • Assessed Improvements Value: $231,300

    Sales

  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180706001680
  • Previous Sale Recording Date: Mar 17, 2003
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 27
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

2527 ft²

Average Home Age

71.9 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 72314847

Frequently Asked Questions

When was property at 11 Rust Street built and last sold?
The property at 11 Rust Street was built in 1900 and last sold on Jan 1, 1970 for $383,400.
How much is this home worth?
The estimated value of the home located at 11 Rust Street is $406,445.
What are some comparable homes to 11 Rust Street?
There are currently no comparable homes to 11 Rust Street.
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