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Essex
2 Madonna Dr
Photo of 2 Madonna Dr
Sold on Jun 20, 2008

1

Map

$431,000
● House - Off Market

2 Madonna Dr

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,976 Ft²
$925,434
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

Short walk to Hamilton/Wenham village center, Library and commuter train to Boston.  Fire placed family room with hardwood floor.  Sliding glass door in dining room leading to large 10x30 deck. Partially finished basement with office. 4 bedrooms,  2 1/2 baths and central air conditioning.  Walk up attic.   Pet security fence around yard.  This home is on over a half acre lot on a cul de sac in a family neighborhood. Easy to show.
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$238
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1978

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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 #70751291)

Price History

Date / Event Date Event Price
Jun 20, 2008 Sold
Premium
Sold
Apr 28, 2008 Listed $469,900
Listed
Oct 30, 2007 Sold
Premium
Sold
Oct 22, 1999 Sold
Premium
Sold
Jul 24, 1999 Listed $339,000
Listed
FAMILY NEIGHBORHOOD. ON CUL DE SAC WALK TO TOWN & TRAIN

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 912
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,245
  • Total Building Area: 1,976
  • Gross Building Area: 4,160
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESTER SULLIVAN
  • Land Acres: 0000000557
  • 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: 518
  • Parcel: HAMI M:46 B:60
  • Block: 60
  • Lot: 60
  • Municipality: HAMILTON
  • Latitude: 42.6191
  • Longitude: -70.8881

    Address

  • Full Address: 2 Madonna Dr
  • Address - House Number: 2
  • Address - Street Name: Madonna
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1714
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,139,400

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 887,284
  • High Value: 1,039,596
  • Low Value: 734,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,100
  • Assessed Land Value: $353,800
  • Assessed Improvements Value: $400,300

    Sales

  • Current Sale Recording Date: Jun 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 30, 2007
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: 34
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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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# 70751291

Frequently Asked Questions

When was property at 2 Madonna Drive built and last sold?
The property at 2 Madonna Drive was built in 1978 and last sold on Jan 1, 1970 for $431,000.
How much is this home worth?
The estimated value of the home located at 2 Madonna Drive is $485,601.
What are some comparable homes to 2 Madonna Drive?
There are currently no comparable homes to 2 Madonna Drive.
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