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Essex
57 Cunningham Drive
$470,500
● House - Off Market

57 Cunningham Drive

South Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,547 Ft²
$939,691
RealtyHop Estimate
104.73%
Since Sep 1, 2003
MA-Boston
Primary Model

About This Property

PICTURE PERFECT SETTING IN ONE OF HAMILTON'S BEST NEIGHBOR- HOODS.  CENTER ENTRANCE CAPE WITH CHERRY KITCHEN.  OAK FLOORS THRUOUT.  TITLE V TO BE COMPLETED OR FUNDS ESCROWED AT CLOSING.  COME HOME TO HAMILTON!
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$297
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1953

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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 #30740965)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold
Premium
Sold
Aug 3, 2021 Listed by Coldwell Banker Realty - Beverly $725,000
Listed by Coldwell Banker Realty - Beverly
Aug 29, 2003 Sold
Premium
Sold
Jul 1, 2003 Listed by Coldwell Banker Realty - Beverly $459,000
Listed by Coldwell Banker Realty - Beverly
Sep 15, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 884
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,309
  • Total Building Area: 1,717
  • Gross Building Area: 3,694
  • Building Area: 1,717
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,717
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRUCE ACRES
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • Census Tract: 215102

Zoning

  • Zoning: R1A

Geography

  • Account Number: 698
  • Parcel: HAMI M:47 B:169
  • Block: 169
  • Lot: 169
  • Municipality: HAMILTON
  • Latitude: 42.6199
  • Longitude: -70.8759

    Address

  • Full Address: 57 Cunningham Dr
  • Address - House Number: 57
  • Address - Street Name: Cunningham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1815
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,314,100

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 950,886
  • High Value: 1,099,689
  • Low Value: 802,084

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $869,700
  • Assessed Land Value: $338,100
  • Assessed Improvements Value: $531,600

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210914002840
  • Previous Sale Recording Date: Aug 29, 2003
  • Previous Sale Amount: $470,500
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30740965

Frequently Asked Questions

When was property at 57 Cunningham Drive built and last sold?
The property at 57 Cunningham Drive was built in 1953 and last sold on Sep 14, 2021 for $825,000.
How much is this home worth?
The estimated value of the home located at 57 Cunningham Drive is $0.
What are some comparable homes to 57 Cunningham Drive?
There are currently no comparable homes to 57 Cunningham Drive.
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