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Essex
2 Briarcliff Lane
$820,000
● House - Off Market

2 Briarcliff Lane

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,040 Ft²
$1,169,574
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

With a desirable peaceful setting and a spacious floor plan, this lovely 3+ bedroom Cape will be your perfect new home.  The yard offers both mature plantings and natural woodlands nestled in a rural neighborhood.  The generously sized rooms and flexible floor plan are well suited for entertaining.  Many updates through the years make this enchanting property truly ready to move right in!
Unit Size
3,040 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$263
Property Type
House
Property Taxes
$1,064
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #72497133)

Price History

Date / Event Date Event Price
Sep 12, 2019 Sold
Premium
Sold
May 9, 2019 Listed by Coldwell Banker Residential Brokerage - Manchester $798,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Apr 16, 1999 Sold
Premium
Sold
Sep 1, 1995 Sold
Premium
Sold
Mar 22, 1995 Listed $409,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2,032
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,230
  • Total Building Area: 3,040
  • Gross Building Area: 5,848
  • Building Area: 3,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMILTON
  • Land Acres: 0000001750
  • 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: 79
  • Parcel: HAMI M:16 B:30
  • Block: 30
  • Lot: 30
  • Municipality: HAMILTON
  • Latitude: 42.6441
  • Longitude: -70.8358

    Address

  • Full Address: 2 Briarcliff Ln
  • Address - House Number: 2
  • Address - Street Name: Briarcliff
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1126
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,549,400

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,205,455
  • High Value: 1,394,095
  • Low Value: 1,016,815

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,025,400
  • Assessed Land Value: $401,000
  • Assessed Improvements Value: $624,400

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190912002450
  • Previous Sale Recording Date: Apr 16, 1999
  • Previous Sale Amount: $445,000
  • 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

2520 ft²

Average Home Age

73.2 years

Currently For Sale

1449 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# 72497133

Frequently Asked Questions

When was property at 2 Briarcliff Lane built and last sold?
The property at 2 Briarcliff Lane was built in 1987 and last sold on Sep 12, 2019 for $820,000.
How much is this home worth?
The estimated value of the home located at 2 Briarcliff Lane is $830,034.
What are some comparable homes to 2 Briarcliff Lane?
There are currently no comparable homes to 2 Briarcliff Lane.
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