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Essex
253 Forest Street
$380,000
● House - Off Market

253 Forest Street

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$676,822
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Cozy cape in friendly family neighborhood with hardwood floors on two levels and a charming fireplace in the living room. Nice fenced in yard with perennial plantings, shrubs and trees. Flexible floor plan, some new appliances in the kitchen and an attached screened in porch. Nice privacy with woods in back.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$245
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1961

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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 #71754829)

Price History

Date / Event Date Event Price
Nov 25, 2014 Sold
Premium
Sold
Oct 9, 2014 Listed by J. Barrett & Company $369,900
Listed by J. Barrett & Company
Oct 28, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,226
  • Total Building Area: 1,512
  • Gross Building Area: 2,712
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000579
  • 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: 1991
  • Parcel: HAMI M:66 B:21
  • Block: 21
  • Lot: 21
  • Municipality: HAMILTON
  • Latitude: 42.6091
  • Longitude: -70.8191

    Address

  • Full Address: 253 Forest St
  • Address - House Number: 253
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C004
  • 4-Digit Zip Code: 2615
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $827,600

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 698,106
  • High Value: 807,451
  • Low Value: 588,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,700
  • Assessed Land Value: $261,500
  • Assessed Improvements Value: $286,200

    Sales

  • Current Sale Recording Date: Nov 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112500572
  • Previous Sale Recording Date: Oct 28, 1994
  • Previous Sale Amount: $185,000
  • 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

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71754829

Frequently Asked Questions

When was property at 253 Forest Street built and last sold?
The property at 253 Forest Street was built in 1961 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 253 Forest Street is $387,779.
What are some comparable homes to 253 Forest Street?
There are currently no comparable homes to 253 Forest Street.
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