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Essex
56 Ortins Road
$649,000
● House - Off Market

56 Ortins Road

Hamilton, MA 01982
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,066 Ft²
$1,081,216
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Exceptional 5 bedroom colonial in wonderful neighborhood on cul de sac -- Close to Hamilton-Wenham Regional.  This outstanding home has been completely repainted and updated.  Impressive fireplace  master suite on the first floor with gorgeous bath with steam shower.  The oversize family room has a beautiful stone fireplace which soars to the peak of the cathedral ceiling.  The pool area has a resort feeling with a multi-level deck, scenic setting and lush landscaping.  Also installed is a mosquito and tick control system that will keep your yard bug free.  Newly installed 5 bedroom septic system.  This home is truly special!  All offer to be reviewed after open houses on Tuesday eveing by 7 p.m.
Unit Size
3,066 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$212
Property Type
House
Property Taxes
$961
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #71906597)

Price History

Date / Event Date Event Price
Aug 26, 2016 Sold
Premium
Sold
Sep 18, 2015 Listed by Keller Williams Realty Evolution $649,000
Listed by Keller Williams Realty Evolution
Nov 16, 2006 Sold
Premium
Sold
Sep 18, 2006 Listed by Keller Williams Realty Evolution $645,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • 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: 2,036
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 58,370
  • Total Building Area: 3,116
  • Gross Building Area: 5,537
  • Building Area: 3,116
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,116
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001340
  • 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: 404
  • Parcel: HAMI M:40 B:50
  • Block: 50
  • Lot: 50
  • Municipality: HAMILTON
  • Latitude: 42.6258
  • Longitude: -70.848

    Address

  • Full Address: 56 Ortins Rd
  • Address - House Number: 56
  • 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: $1,473,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,145,912
  • High Value: 1,325,234
  • Low Value: 966,590

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $974,900
  • Assessed Land Value: $396,100
  • Assessed Improvements Value: $578,800

    Sales

  • Current Sale Recording Date: Aug 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 254
  • Previous Sale Recording Date: Nov 16, 2006
  • Previous Sale Amount: $645,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 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: 5 months ago
Data Source: MLS PIN, MLS# 71906597

Frequently Asked Questions

When was property at 56 Ortins Road built and last sold?
The property at 56 Ortins Road was built in 1973 and last sold on Jan 1, 1970 for $649,000.
How much is this home worth?
The estimated value of the home located at 56 Ortins Road is $658,791.
What are some comparable homes to 56 Ortins Road?
There are currently no comparable homes to 56 Ortins Road.
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