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Essex
644 Bay Road
$1,338,000
● House - Off Market

644 Bay Road

Hamilton, MA 01982
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
6,344 Ft²
$3,057,354
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Built on land once part of the old Proctor Estate,this home was custom designed by local architect Tom Catalano.Crafted in a Colonial style in front,the back was designed to capture the beauty of the outdoors,with walls of glass,and contemporary flair.With a comfortable flow for entertaining and family gatherings,and the potential for further landscaping on the vast grounds,this is the home that has been worth the wait.Elegant entertaining,plentiful sunlight and graceful finishes, and privacy.
Unit Size
6,344 Ft²
Days on Market
-
Land Size
5.61 acres
Price per sqft
$251
Property Type
House
Property Taxes
$1,698
HOA Dues
-
Year Built
1989

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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 #71500887)

Price History

Date / Event Date Event Price
Jun 7, 2013 Sold
Premium
Sold
Apr 1, 2013 Listed by Keller Williams Realty Boston-Metro | Back Bay $1,595,000
Listed by Keller Williams Realty Boston-Metro | Back Bay

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,679
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 244,372
  • Total Building Area: 6,344
  • Gross Building Area: 11,665
  • Building Area: 6,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 6,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005610
  • 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: 2892
  • Parcel: HAMI M:40 B:57
  • Block: 57
  • Lot: 57
  • Municipality: HAMILTON
  • Latitude: 42.6248
  • Longitude: -70.8558

    Address

  • Full Address: 644 Bay Rd
  • Address - House Number: 644
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1012
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,495,000

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 2,142,926
  • High Value: 2,478,269
  • Low Value: 1,807,582

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,651,200
  • Assessed Land Value: $447,300
  • Assessed Improvements Value: $1,203,900

    Sales

  • Current Sale Recording Date: Jun 07, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 525
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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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: 5 months ago
Data Source: MLS PIN, MLS# 71500887

Frequently Asked Questions

When was property at 644 Bay Road built and last sold?
The property at 644 Bay Road was built in 1989 and last sold on Jan 1, 1970 for $1,338,000.
How much is this home worth?
The estimated value of the home located at 644 Bay Road is $1,591,270.
What are some comparable homes to 644 Bay Road?
There are currently no comparable homes to 644 Bay Road.
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