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Essex
22 Lake Drive
Photo of 22 Lake Drive
Sold on Nov 30, 2011

1

Map

$330,000
● House - Off Market

22 Lake Drive

Hamilton, MA 01982
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,680 Ft²
$752,254
RealtyHop Estimate
115.55%
Since Dec 1, 2011
MA-Boston
Primary Model

About This Property

Wonderful condo alternative. NEW CONSTRUCTION, turn key. Energy compliant home on large level lot. Open concept kitchen with SS appliances, and maple cabinets throughout. Sliding glass doors opening to private backyard. Exquisite master bath with tiled corner Jacuzzi and separate shower. Large master bedroom with walk in closet. Bright 2nd floor office/ sitting area. 3/10 mile to pleasant pond. Full basement . Short drive to train and downtown shops. TRULY A MUST SEE.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$208
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
2010

Payment Calculator

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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 days ago (MLSPIN #71188982)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
Apr 16, 2019 Listed by Coldwell Banker Residential Brokerage - Manchester $499,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Aug 31, 2015 Sold
Premium
Sold
Apr 13, 2015 Listed by Coldwell Banker Residential Brokerage - Manchester $439,900
Listed by Coldwell Banker Residential Brokerage - Manchester
Nov 30, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 832
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,786
  • Total Building Area: 1,664
  • Gross Building Area: 3,020
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDLEWOOD PK PLEASANT POND HAMI
  • Land Acres: 0000000408
  • 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: 904
  • Parcel: HAMI M:54 B:83
  • Block: 83
  • Lot: 83
  • Municipality: HAMILTON
  • Latitude: 42.6147
  • Longitude: -70.8889

    Address

  • Full Address: 22 Lake Dr
  • Address - House Number: 22
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1623
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $934,600

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 764,651
  • High Value: 896,050
  • Low Value: 633,253

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $618,500
  • Assessed Land Value: $217,900
  • Assessed Improvements Value: $400,600

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190626003340
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Amount: $426,500
  • Previous Sale Document Type: O
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

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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: 6 days ago
Data Source: MLS PIN, MLS# 71188982

Frequently Asked Questions

When was property at 22 Lake Drive built and last sold?
The property at 22 Lake Drive was built in 2010 and last sold on Jun 24, 2019 for $520,000.
How much is this home worth?
The estimated value of the home located at 22 Lake Drive is $511,033.
What are some comparable homes to 22 Lake Drive?
There are currently no comparable homes to 22 Lake Drive.
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