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Essex
28 Meyer Road
$570,000
● House - Off Market

28 Meyer Road

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$968,580
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Spacious and well maintained 3 bedroom ranch  in desirable Hamilton neighborhood.   Enjoy single level living on a private 1.9+ acre yard with mature plantings and large deck.   Updated kitchen, baths, roof, windows and heating system.   Sunny, open dining and living rooms with fireplace.  Kitchen offers a fireplace, pizza oven, granite counters and stainless appliances.   3 generously sized bedrooms with ample closets, one with en suite bath.  2 car garage and full basement with windows ready to be finished.  Walk to the middle and high schools, enjoy easy access to highways and trains for commuters and experience the highly rated Hamilton Wenham school system.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
1.94 acres
Price per sqft
$276
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1956

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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 #71970396)

Price History

Date / Event Date Event Price
Mar 25, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by J. Barrett & Company $749,000
Listed by J. Barrett & Company
Jun 16, 2016 Sold
Premium
Sold
Mar 9, 2016 Listed by J. Barrett & Company $579,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 2,100
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,506
  • Total Building Area: 2,100
  • Gross Building Area: 4,824
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001940
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • Census Tract: 215101

Zoning

  • Zoning: RA

Geography

  • Account Number: 222
  • Parcel: HAMI M:30 B:10
  • Block: 10
  • Lot: 10
  • Municipality: HAMILTON
  • Latitude: 42.6311
  • Longitude: -70.8624

    Address

  • Full Address: 28 Meyer Rd
  • Address - House Number: 28
  • Address - Street Name: Meyer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1037
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,548,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,069,188
  • High Value: 1,235,676
  • Low Value: 902,701

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,024,700
  • Assessed Land Value: $403,300
  • Assessed Improvements Value: $621,400

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210325003010
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Amount: $570,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 71970396

Frequently Asked Questions

When was property at 28 Meyer Road built and last sold?
The property at 28 Meyer Road was built in 1956 and last sold on Mar 24, 2021 for $800,000.
How much is this home worth?
The estimated value of the home located at 28 Meyer Road is $804,637.
What are some comparable homes to 28 Meyer Road?
There are currently no comparable homes to 28 Meyer Road.
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