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Essex
23 Pilgrim Rd
$601,000
● House - Off Market

23 Pilgrim Rd

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,918 Ft²
$855,096
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Beautifully updated home on great lot, just minutes to town!  Meticulous and move in condition!  Enter through a large composite sunny deck overlooking a level yard into a mudroom with custom builtins.  Radiant heat in the mudroom, kitchen and dining area.  The updated eat in kitchen has great natural light and opens into a spacious family room with a soapstone wood burning stove.  Playroom and 4th bedroom on the first floor.  3 spacious bedrooms and a home office upstairs on the 2nd floor.  Too many updates to list!  Great home, oversized backyard and a wonderful location.  Nothing to do but move in! Any offers to be submitted by 5pm on Tuesday 2/26.
Unit Size
1,918 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$308
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #72455344)

Price History

Date / Event Date Event Price
Mar 27, 2019 Sold
Premium
Sold
Feb 20, 2019 Listed by J. Barrett & Company $589,900
Listed by J. Barrett & Company
May 31, 2006 Sold
Premium
Sold
Apr 13, 2006 Listed by J. Barrett & Company $419,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,118
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,318
  • Total Building Area: 1,918
  • Gross Building Area: 3,874
  • Building Area: 1,918
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,918
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000329
  • 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: 1403
  • Parcel: HAMI M:57 B:53
  • Block: 53
  • Lot: 53
  • Municipality: HAMILTON
  • Latitude: 42.6158
  • Longitude: -70.8556

    Address

  • Full Address: 23 Pilgrim Rd
  • Address - House Number: 23
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1427
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,130,400

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 835,780
  • High Value: 1,010,622
  • Low Value: 660,938

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $748,100
  • Assessed Land Value: $334,100
  • Assessed Improvements Value: $414,000

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190327000830
  • Previous Sale Recording Date: May 31, 2006
  • Previous Sale Amount: $414,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 72455344

Frequently Asked Questions

When was property at 23 Pilgrim Road built and last sold?
The property at 23 Pilgrim Road was built in 1959 and last sold on Mar 25, 2019 for $601,000.
How much is this home worth?
The estimated value of the home located at 23 Pilgrim Road is $596,444.
What are some comparable homes to 23 Pilgrim Road?
There are currently no comparable homes to 23 Pilgrim Road.
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