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Essex
15 Meyer Ln
$909,000
● House - Off Market

15 Meyer Ln

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,229 Ft²
$1,466,835
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

If you are looking for privacy, style and an updated well maintained home, this may be it. This custom residence adjacent to the original Meyer Estate is Architect owned and designed to incorporate and maximize the natural beauty of this 2.3 acre lot. Over sized windows and French doors in almost every room frame mature trees  and well established plantings that surround the home. Offers 3 working fireplaces, hardwood floors and 4+ bedrooms. Master Suite is situated on the 2nd floor with sitting area, fireplace, bath and an office/ bedroom looking over private yard. 10 Min drive to Cranes Beach, 5 minute drive to train and shops.
Unit Size
3,229 Ft²
Days on Market
-
Land Size
2.30 acres
Price per sqft
$285
Property Type
House
Property Taxes
$941
HOA Dues
-
Year Built
1951

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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 #72121360)

Price History

Date / Event Date Event Price
Apr 20, 2017 Sold
Premium
Sold
Feb 21, 2017 Listed by J. Barrett & Company $919,000
Listed by J. Barrett & Company
Aug 6, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,856
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Total Building Area: 3,229
  • Gross Building Area: 5,889
  • Building Area: 3,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,229
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • Account Number: 244
  • Parcel: HAMI M:31 B:12
  • Block: 12
  • Lot: 12
  • Municipality: HAMILTON
  • Latitude: 42.63
  • Longitude: -70.8555

    Address

  • Full Address: 15 Meyer Ln
  • Address - House Number: 15
  • Address - Street Name: Meyer
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1026
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,822,400

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,348,093
  • High Value: 1,559,054
  • Low Value: 1,137,132

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,206,100
  • Assessed Land Value: $407,600
  • Assessed Improvements Value: $798,500

    Sales

  • Current Sale Recording Date: Apr 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 220
  • Previous Sale Recording Date: Aug 06, 1991
  • Previous Sale Amount: $213,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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: 5 months ago
Data Source: MLS PIN, MLS# 72121360

Frequently Asked Questions

When was property at 15 Meyer Lane built and last sold?
The property at 15 Meyer Lane was built in 1951 and last sold on Jan 1, 1970 for $909,000.
How much is this home worth?
The estimated value of the home located at 15 Meyer Lane is $943,522.
What are some comparable homes to 15 Meyer Lane?
There are currently no comparable homes to 15 Meyer Lane.
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