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Essex
20 Beech Ave. Extension
$705,000
● House - Off Market

20 Beech Ave. Extension

Hamilton, MA 01982
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,064 Ft²
$2,739
Est. Monthly

About This Property

*******Multiple offers- HIGHEST & BEST due by Thursday Oct 12 by 4PM, allow 72 hours for responses*******************************Direct Lake frontage for this two-bedroom home with detached barn. Very private location. PROPERTY IS IN MAJOR DISREPAIR AND WILL NEED MAJOR REPAIRS-RENOVATIONS/Reconstruction. **** Do not drive in or go on property without listing agents ******. Buyers will be responsible to obtain necessary. permits & approvals for renovations, septic etc. Roof has been damaged and deck is not safe. Seller has never lived in property and makes no representations. Will not qualify for traditional financing. Failed title 5. The location & views are wonderful, but property needs extensive work.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$376
Property Type
House
Property Taxes
$775
HOA Dues
-
Year Built
1973

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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: 6 months ago (MLSPIN #73167738)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Oct 15, 2023 In contract -
In contract
Oct 5, 2023 Listed by Herrick Lutts Realty Partners $399,905
Listed by Herrick Lutts Realty Partners
Aug 1, 1981 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • 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: 384
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 1,064
  • Gross Building Area: 1,952
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • 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: 1979
  • Parcel: HAMI M:66 B:1B L:B
  • Block: 1B
  • Lot: B
  • Municipality: HAMILTON
  • Latitude: 42.6056
  • Longitude: -70.8151

    Address

  • Full Address: 20 Beech St
  • Address - House Number: 20
  • Address - Street Name: Beech
  • Address - Suffix Type: St
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C004
  • 4-Digit Zip Code: 2608
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $974,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0796
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 412,291
  • High Value: 445,147
  • Low Value: 379,435

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,600
  • Assessed Land Value: $392,200
  • Assessed Improvements Value: $252,400

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20231206003450
  • Previous Sale Recording Date: Aug 01, 1981
  • Previous Sale Amount: $122,000
  • 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

2473 ft²

Average Home Age

73.2 years

Currently For Sale

1400 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: 6 months ago
Data Source: MLS PIN, MLS# 73167738

Frequently Asked Questions

When was property at 20 Beech Street Extension built and last sold?
The property at 20 Beech Street Extension was built in 1973 and last sold on Dec 6, 2023 for $705,000.
How much is this home worth?
The estimated value of the home located at 20 Beech Street Extension is $431,717.
What are some comparable homes to 20 Beech Street Extension?
There are currently no comparable homes to 20 Beech Street Extension.
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