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Essex
17 Postgate Road
$660,000
● House - Off Market

17 Postgate Road

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,715 Ft²
$882,586
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Charming 3 bedroom 3 bath cape in desirable Hamilton neighborhood.  This home offers an attractive kitchen with island and brand new stainless steel appliances which leads to a wonderful cathedral ceiling great room for dining.  Lots of fabulous natural light with skylights.  Terrific formal living room with wood burning fireplace.  Large family room with built in custom cabinets and bookcases.  Master bedroom with spacious en suite bath on the first floor adjacent to a fantastic sun room with  large bay window. 2 bedrooms and full bath upstairs with a great office with custom built in desk and lots of bookcases.  Laundry and full bath on 1st floor as well. Updated high efficiency heating system.  One car garage and nice back yard.  A must see!
Unit Size
2,715 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$249
Property Type
House
Property Taxes
$902
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72702526)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 2, 2020 Listed by J. Barrett & Company $675,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,828
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,562
  • Total Building Area: 2,715
  • Gross Building Area: 5,045
  • Building Area: 2,715
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,715
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000702
  • 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: 2615
  • Parcel: HAMI M:65 B:44
  • Block: 44
  • Lot: 44
  • Municipality: HAMILTON
  • Latitude: 42.6099
  • Longitude: -70.8336

    Address

  • Full Address: 17 Postgate Rd
  • Address - House Number: 17
  • 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: $1,197,200

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 924,105
  • High Value: 1,098,577
  • Low Value: 749,632

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $792,300
  • Assessed Land Value: $329,700
  • Assessed Improvements Value: $462,600

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 616887
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 72702526

Frequently Asked Questions

When was property at 17 Postgate Road built and last sold?
The property at 17 Postgate Road was built in 1955 and last sold on Sep 24, 2020 for $660,000.
How much is this home worth?
The estimated value of the home located at 17 Postgate Road is $703,675.
What are some comparable homes to 17 Postgate Road?
There are currently no comparable homes to 17 Postgate Road.
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