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Essex
34 Alan Road
$465,000
● House - Off Market

34 Alan Road

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,872 Ft²
$772,277
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

Wonderful 4 bd Colonial sited on 0.48 acres in a desirable Hamilton neighborhood near highway,town and recreational activities. HW floors, DR and fireplaced LR with Bay windows. Heated breezeway with lots of cabinets. Many newer windows. FHW by oil. Large unfinished basement.  Rear deck overlooking level yard and fenced garden area with many plantings.  Workshop with woodstove HU attached to the oversized 2 car garage.  Detached shed.  A little updating will make this home a true gem.  New septic system in process of being designed and will get an install estimate once approved. Installation can be negotiated as to who will install it. Seller is prepared to have it installed, but if a Buyer wants to undertake installation there is a State tax credit of  $6000  over period of time about 5 yrs (info on MLS on line) .
Unit Size
1,872 Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
House
Property Taxes
$683
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: 4 months ago (MLSPIN #71957389)

Price History

Date / Event Date Event Price
May 18, 2016 Sold
Premium
Sold
Feb 9, 2016 Listed by Keller Williams Realty Evolution $459,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,440
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,338
  • Total Building Area: 2,376
  • Gross Building Area: 4,944
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000467
  • 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: 1928
  • Parcel: HAMI M:65 B:82
  • Block: 82
  • Lot: 82
  • Municipality: HAMILTON
  • Latitude: 42.6072
  • Longitude: -70.832

    Address

  • Full Address: 34 Alan Rd
  • Address - House Number: 34
  • Address - Street Name: Alan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C001
  • 4-Digit Zip Code: 2402
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,248,500

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 873,908
  • High Value: 1,023,925
  • Low Value: 723,892

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $826,300
  • Assessed Land Value: $346,100
  • Assessed Improvements Value: $480,200

    Sales

  • Current Sale Recording Date: May 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 571849
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71957389

Frequently Asked Questions

When was property at 34 Alan Road built and last sold?
The property at 34 Alan Road was built in 1961 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 34 Alan Road is $476,841.
What are some comparable homes to 34 Alan Road?
There are currently no comparable homes to 34 Alan Road.
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