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Essex
62 Cunningham Dr
$700,000
● House - Off Market

62 Cunningham Dr

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,548 Ft²
$710,248
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Inviting three-bedroom colonial located on a quiet, bucolic street in the highly desirable Cunningham Drive neighborhood. Less than 1 mile from the Hamilton Downtown area's MBTA commuter train station, parks, restaurants, shops, and the top-rated H-W School District. This well cared home has a light-filled kitchen with slider to the outside deck, large living room with wood burning fireplace, formal dining room with custom built-in cabinetry, first floor 1/2 bathroom, a spacious front porch, and a screened in-porch. Additional comforts and amenities include a large flat backyard with beautiful perennials, hardwood flooring, semi-finished basement, backup generator, and an attached one-car garage.
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$452
Property Type
House
Property Taxes
$755
HOA Dues
-
Year Built
1962

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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: 4 months ago (MLSPIN #72978905)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 10, 2022 Listed by Bay Colony Realty $699,000
Listed by Bay Colony Realty
Jan 8, 1999 Sold
Premium
Sold
Nov 1, 1998 Listed by Bay Colony Realty $274,900
Listed by Bay Colony Realty
Jan 16, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 704
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,145
  • Total Building Area: 1,548
  • Gross Building Area: 2,772
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRUCE ACRES
  • Land Acres: 0000000279
  • 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: 695
  • Parcel: HAMI M:47 B:166
  • Block: 166
  • Lot: 166
  • Municipality: HAMILTON
  • Latitude: 42.6204
  • Longitude: -70.8765

    Address

  • Full Address: 62 Cunningham Dr
  • Address - House Number: 62
  • Address - Street Name: Cunningham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1816
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,003,300

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 754,751
  • High Value: 872,799
  • Low Value: 636,703

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,000
  • Assessed Land Value: $329,800
  • Assessed Improvements Value: $334,200

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220629001930
  • Previous Sale Recording Date: Apr 15, 2016
  • 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

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# 72978905

Frequently Asked Questions

When was property at 62 Cunningham Drive built and last sold?
The property at 62 Cunningham Drive was built in 1962 and last sold on Jun 29, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 62 Cunningham Drive is $684,994.
What are some comparable homes to 62 Cunningham Drive?
There are currently no comparable homes to 62 Cunningham Drive.
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