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Essex
32 Ortins
$545,000
● House - Off Market

32 Ortins

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,930 Ft²
$1,135,341
RealtyHop Estimate
103.10%
Since Oct 1, 2003
MA-Boston
Primary Model

About This Property

LOVELY 4 BEDROOM COL IN DESIRABLE NEIGHBORHOOD. CENTRAL AIR. MOVE IN COND. UPDATED KITCHEN. APPROX. 1 ACRE LOT.NICE YARD. BRAND NEW LEACHING FIELD 4/03. FAMILY ROOM HAS GAS-FRANKLIN STOVE. APPEALING LOT WITH CIRCULAR DRIVEWAY.
Unit Size
1,930 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$290
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
1973

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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 years ago (MLSPIN #30741326)

Price History

Date / Event Date Event Price
Jul 28, 2017 Sold
Premium
Sold
Sep 19, 2003 Sold
Premium
Sold
Jul 2, 2003 Listed by Coldwell Banker Realty - Beverly $559,000
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,049
  • Total Building Area: 3,046
  • Gross Building Area: 4,990
  • Building Area: 3,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,046
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMILTON
  • Land Acres: 0000000919
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • Account Number: 2149
  • Parcel: HAMI M:40 B:52
  • Block: 52
  • Lot: 52
  • Municipality: HAMILTON
  • Latitude: 42.6253
  • Longitude: -70.8499

    Address

  • Full Address: 32 Ortins Rd
  • Address - House Number: 32
  • Address - Street Name: Ortins
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1431
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,413,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,056,228
  • High Value: 1,221,515
  • Low Value: 890,940

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $935,300
  • Assessed Land Value: $385,100
  • Assessed Improvements Value: $550,200

    Sales

  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 488
  • Previous Sale Recording Date: Jun 22, 2010
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2534 ft²

Average Home Age

73 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: 4 years ago
Data Source: MLS PIN, MLS# 30741326

Frequently Asked Questions

When was property at 32 Ortins Road built and last sold?
The property at 32 Ortins Road was built in 1973 and last sold on Jan 1, 1970 for $680,000.
How much is this home worth?
The estimated value of the home located at 32 Ortins Road is $0.
What are some comparable homes to 32 Ortins Road?
There are currently no comparable homes to 32 Ortins Road.
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