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Essex
2 Kennedy Road
$330,000
● House - Off Market

2 Kennedy Road

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$755,174
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model

About This Property

Sited on a quiet tree-lined cul de sac is this spacious and flexible 7 rm, 60' Ranch. The eat-in kitchen with skylight opens to the LR and to a DR/FR. There are 3BRs, 10x10 Laundry/DR and 1.5 baths. Recent updates: windows, heating, roof, $6000+ in insulation energy saving features, plus new 3 BR Septic. 24x14 garage. The private and level ½ acre site is great for gardening/play area plus there is a park at the end of the street. Easy to show.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$228
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1965

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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 #71317361)

Price History

Date / Event Date Event Price
Jan 27, 2012 Sold
Premium
Sold
Dec 6, 2011 Listed by RE/MAX Advantage Real Estate $345,000
Listed by RE/MAX Advantage Real Estate
Sep 28, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,344
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,417
  • Total Building Area: 2,760
  • Gross Building Area: 4,842
  • Building Area: 2,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMILTON
  • Land Acres: 0000000469
  • 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: 1547
  • Parcel: HAMI M:59 B:16
  • Block: 16
  • Lot: 16
  • Municipality: HAMILTON
  • Latitude: 42.6133
  • Longitude: -70.8324

    Address

  • Full Address: 2 Kennedy Rd
  • Address - House Number: 2
  • Address - Street Name: Kennedy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C004
  • 4-Digit Zip Code: 2515
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,202,300

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 932,148
  • High Value: 1,092,329
  • Low Value: 771,966

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $795,700
  • Assessed Land Value: $282,700
  • Assessed Improvements Value: $513,000

    Sales

  • Current Sale Recording Date: Jan 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 28, 1994
  • Previous Sale Amount: $215,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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# 71317361

Frequently Asked Questions

When was property at 2 Kennedy Road built and last sold?
The property at 2 Kennedy Road was built in 1965 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 2 Kennedy Road is $361,648.
What are some comparable homes to 2 Kennedy Road?
There are currently no comparable homes to 2 Kennedy Road.
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