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Essex
3 Hilltop Dr
$879,000
● House - Off Market

3 Hilltop Dr

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,450 Ft²
$1,159,002
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Spacious and private multi-level California ranch in Wenham's desirable Lord's Hill neighborhood. This inviting and light-filled home has it all: custom kitchen with gas cooktop and stainless steel appliances, master suite with bath, open floor plan that includes living room with gas fireplace and oversized bay window, formal dining room, and a great room with cathedral ceiling. Additional comforts and amenities include: a large flat & manicured backyard, deck, attached two-car garage, Central A/C, hardwood flooring, exercise room/office, and a family room walkout with wood burning fireplace and a bar that is accessed from the main level by a handsome staircase. Don't miss out on this unique opportunity!
Unit Size
3,450 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$261
Property Type
House
Property Taxes
$1,234
HOA Dues
-
Year Built
1955

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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 #72711823)

Price History

Date / Event Date Event Price
Oct 8, 2020 Sold
Premium
Sold
Aug 18, 2020 Listed by Bay Colony Realty $899,000
Listed by Bay Colony Realty
Jul 10, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Bay Colony Realty $849,900
Listed by Bay Colony Realty
Jan 23, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 486
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 2,508
  • Gross Building Area: 5,498
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 1257
  • Parcel: WENH M:35 L:54
  • Lot: 54
  • Municipality: WENHAM
  • Latitude: 42.5916
  • Longitude: -70.91

    Address

  • Full Address: 3 Hilltop Dr
  • Address - House Number: 3
  • Address - Street Name: Hilltop
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1914
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,062,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,206,855
  • High Value: 1,410,953
  • Low Value: 1,002,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,188,600
  • Assessed Land Value: $541,600
  • Assessed Improvements Value: $647,000

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201008004780
  • Previous Sale Recording Date: Jul 10, 2018
  • Previous Sale Amount: $850,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 72711823

Frequently Asked Questions

When was property at 3 Hilltop Drive built and last sold?
The property at 3 Hilltop Drive was built in 1955 and last sold on Sep 18, 2020 for $879,000.
How much is this home worth?
The estimated value of the home located at 3 Hilltop Drive is $926,417.
What are some comparable homes to 3 Hilltop Drive?
There are currently no comparable homes to 3 Hilltop Drive.
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