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Essex
32 Martel Rd South
Photo of 32 Martel Rd South

14

Map

Photo of 32 Martel Rd South
Photo of 32 Martel Rd South
$780,000
● House - In Contract

32 Martel Rd South

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$4,789
Est. Monthly

About This Property

Charming Cape on a a great private street for children. Magical wooded lot with privacy. 3 BR with a home office that could be a 4th bedroom. Partially finished basement with a guaranteed basement waterproofing system installed.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$570
Property Type
House
Property Taxes
$958
HOA Dues
-
Year Built
1960

Listed By

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Cap Rate Calculator

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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 #73452119)

Price History

Date / Event Date Event Price
Apr 15, 2026 In contract -
In contract
Nov 6, 2025 Listed by Get Listed Realty, LLC $780,000
Listed by Get Listed Realty, LLC
May 31, 2013 Sold
Premium
Sold
Apr 8, 2013 Listed by Get Listed Realty, LLC $474,900
Listed by Get Listed Realty, LLC
Apr 30, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Solar Tube(s)
Appliances: Water Heater, Range, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dishwasher
Flooring Type: Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 7
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1368
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1960
Building Area Total: 1368
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Features: Wooded
Lot Size Area: 1.7
Lot Size Units: Acres
Lot Size Acres: 1.7
Lot Size Square Feet: 74052
Water Source: Public
Financial Details
Tax Assessed Value: $734,800
Tax Annual Amount: $11,500
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Sewer : Inspection Required for Sale

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 912
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 1,368
  • Gross Building Area: 3,376
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001700
  • 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: 2610
  • Parcel: HAMI M:65 B:9
  • Block: 9
  • Lot: 9
  • Municipality: HAMILTON
  • Latitude: 42.6067
  • Longitude: -70.8348

    Address

  • Full Address: 32 Martel Rd
  • Address - House Number: 32
  • Address - Street Name: Martel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C001
  • 4-Digit Zip Code: 2407
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,098,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 827,845
  • High Value: 956,860
  • Low Value: 698,830

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $727,200
  • Assessed Land Value: $400,400
  • Assessed Improvements Value: $326,800

    Sales

  • Current Sale Recording Date: May 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 543023
  • Previous Sale Recording Date: Apr 30, 2008
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: 48
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 73452119

Frequently Asked Questions

When was property at 32 Martel Road built and last sold?
The property at 32 Martel Road was built in 1960 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 32 Martel Road is $751,442.
What are some comparable homes to 32 Martel Road?
There are currently no comparable homes to 32 Martel Road.
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