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Essex
4 Cullivan Ln
$500,000
● House - Off Market

4 Cullivan Ln

Hamilton, MA 01982
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,782 Ft²
$777,602
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Open concept floor plan with hardwood floors.  Half bath. Kitchen has granite counters; center island & recessed lighting.  Dining area open to living room w/propane gas fireplace.  Family room w/ bay window off kitchen. 2nd floor consists of  master bd with bath; 2nd bd; family bath and a large laundry room.  3rd floor offers a finished bonus room with a walk in closet. Central Air and heat -3 zones.   One car garage and unfinished basement with built in shelving.  The property is very near Chebacco Lake.
Unit Size
2,782 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$189
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
2010

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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 #72317564)

Price History

Date / Event Date Event Price
Jun 25, 2018 Sold
Premium
Sold
Apr 30, 2018 Listed by Keller Williams Realty Evolution $525,000
Listed by Keller Williams Realty Evolution
Jan 24, 2014 Sold
Premium
Sold
Jun 19, 2013 Listed by Keller Williams Realty Evolution $449,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,040
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,279
  • Total Building Area: 1,912
  • Gross Building Area: 3,928
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEBACCO LAKE SHORES SEC B
  • Land Acres: 0000000121
  • 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: 2007
  • Parcel: HAMI M:66 B:62
  • Block: 62
  • Lot: 62
  • Municipality: HAMILTON
  • Latitude: 42.6099
  • Longitude: -70.8191

    Address

  • Full Address: 4 Cullivan Ln
  • Address - House Number: 4
  • Address - Street Name: Cullivan
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1541
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,112,100

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 867,223
  • High Value: 1,003,056
  • Low Value: 731,389

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $736,000
  • Assessed Land Value: $232,400
  • Assessed Improvements Value: $503,600

    Sales

  • Current Sale Recording Date: Jun 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180625002690
  • Previous Sale Recording Date: Jan 24, 2014
  • Previous Sale Amount: $418,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72317564

Frequently Asked Questions

When was property at 4 Cullivan Lane built and last sold?
The property at 4 Cullivan Lane was built in 2010 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 4 Cullivan Lane is $564,274.
What are some comparable homes to 4 Cullivan Lane?
There are currently no comparable homes to 4 Cullivan Lane.
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