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Essex
57 Cutler Road
$540,000
● House - Off Market

57 Cutler Road

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,692 Ft²
$1,041,596
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Situated amongst mature treeline and  stone walls this custom built brick Ranch is set on 1.6 pristine acres. Large master suite with full bath & plenty of closets,large family room with  fireplace,front to back dining room,eat in kitchen, finished basement with 2 unique living areas and fireplace. 3 Season four square screened porch ideal for entertaining and enjoying Summer days.This home is perfect for those seeking one level living or could easily be expanded.
Unit Size
2,692 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$204
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1958

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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: 5 months ago (MLSPIN #71506855)

Price History

Date / Event Date Event Price
Aug 26, 2013 Sold
Premium
Sold
Apr 9, 2013 Listed by Keller Williams Realty Evolution $549,900
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,956
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 2,163
  • Gross Building Area: 5,733
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001600
  • 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: 765
  • Parcel: HAMI M:49 B:12
  • Block: 12
  • Lot: 12
  • Municipality: HAMILTON
  • Latitude: 42.6239
  • Longitude: -70.8575

    Address

  • Full Address: 57 Cutler Rd
  • Address - House Number: 57
  • Address - Street Name: Cutler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1019
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,325,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 944,152
  • High Value: 1,091,026
  • Low Value: 797,278

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $877,400
  • Assessed Land Value: $399,200
  • Assessed Improvements Value: $478,200

    Sales

  • Current Sale Recording Date: Feb 06, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180206002000
  • Previous Sale Recording Date: Aug 26, 2013
  • Previous Sale Amount: $540,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2519 ft²

Average Home Age

73.7 years

Currently For Sale

1437 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# 71506855

Frequently Asked Questions

When was property at 57 Cutler Road built and last sold?
The property at 57 Cutler Road was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 57 Cutler Road is $582,422.
What are some comparable homes to 57 Cutler Road?
There are currently no comparable homes to 57 Cutler Road.
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