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Essex
48 Hull Street
$572,000
● House - Off Market

48 Hull Street

Wenham, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,501 Ft²
$572,701
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Sitting on a 2+ acre wooded lot close to the the Beverly/Wenham line, this Cape style home has easy access to Route 128. The open ground floor comprises a living/dining area with a fireplace, kitchen, 2 bedrooms, and a full bathroom. Upstairs are 2 good sized bedrooms sharing a full bathroom with plenty of closet space and storage throughout. The large 3 season porch adds to the living area. Property upgrades include: newer roof and siding, replacement windows, upgraded kitchen and bathroom as well as a dry basement system. Appliances are newer. Membership to the Bennett Center at Gordon College is an additional benefit. Showings begin at the open house 2 to 4 on Saturday 4/1.
Unit Size
1,501 Ft²
Days on Market
-
Land Size
2.49 acres
Price per sqft
$380
Property Type
House
Property Taxes
$861
HOA Dues
-
Year Built
1952

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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 #73093732)

Price History

Date / Event Date Event Price
May 8, 2023 Sold
Premium
Sold
Apr 10, 2023 In contract -
In contract
Mar 31, 2023 Listed by J. Barrett & Company $570,000
Listed by J. Barrett & Company
Dec 15, 2014 Sold
Premium
Sold
Nov 14, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,377
  • Total Building Area: 1,501
  • Gross Building Area: 2,929
  • Building Area: 1,501
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,501
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002488
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Account Number: 1408
  • Parcel: WENH M:44 L:8
  • Lot: 8
  • Municipality: WENHAM
  • Latitude: 42.5855
  • Longitude: -70.8299

    Address

  • Full Address: 48 Hull St
  • Address - House Number: 48
  • Address - Street Name: Hull
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C002
  • 4-Digit Zip Code: 1817
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,007,900

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 696,378
  • High Value: 810,289
  • Low Value: 582,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $580,900
  • Assessed Land Value: $396,700
  • Assessed Improvements Value: $184,200

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230508000530
  • Previous Sale Recording Date: Jul 28, 2015
  • Previous Sale Document Type: 27
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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 73093732

Frequently Asked Questions

When was property at 48 Hull Street built and last sold?
The property at 48 Hull Street was built in 1952 and last sold on May 8, 2023 for $572,000.
How much is this home worth?
The estimated value of the home located at 48 Hull Street is $576,259.
What are some comparable homes to 48 Hull Street?
There are currently no comparable homes to 48 Hull Street.
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