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Essex
7 Erins Way
Photo of 7 Erins Way

1

Map

$1,790,000
● House - Off Market

7 Erins Way

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,500 Ft²
$10,580
Est. Monthly

About This Property

Spectacular private estate situated on 5 acres of manicured landscape, in the heart of prestigious equestrian horse country, abutting 25 acres of protected land with access to miles of horse trails. This stately custom home offers one level living with every possible amenity. Generously sized rooms flow from one to the next, with a perfect floor plan making entertaining a dream! Expansive deck offers a built in brick cook top and screened gazebo, 4 stall stable, paddock and 4 car heated garage
Unit Size
5,500 Ft²
Days on Market
-
Land Size
5.17 acres
Price per sqft
$325
Property Type
House
Property Taxes
$1,790
HOA Dues
-
Year Built
1988

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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: 13 days ago (MLSPIN #71234724)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
Apr 26, 2022 Listed by Coldwell Banker Residential Brokerage - Manchester $1,895,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Aug 22, 2018 Sold
Premium
Sold
May 18, 2018 Listed by Coldwell Banker Residential Brokerage - Manchester $1,649,000
Listed by Coldwell Banker Residential Brokerage - Manchester
May 18, 2011 Listed by Coldwell Banker Residential Brokerage - Manchester $1,790,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 3,906
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 225,205
  • Total Building Area: 3,906
  • Gross Building Area: 10,472
  • Building Area: 3,906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,906
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005170
  • 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: 128
  • Parcel: HAMI M:23 B:4
  • Block: 4
  • Lot: 4
  • Municipality: HAMILTON
  • Latitude: 42.6367
  • Longitude: -70.8485

    Address

  • Full Address: 7 Erins Way
  • Address - House Number: 7
  • Address - Street Name: Erins
  • Address - Suffix Type: Way
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C007
  • 4-Digit Zip Code: 1045
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,537,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,773,992
  • High Value: 2,080,219
  • Low Value: 1,467,765

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,679,400
  • Assessed Land Value: $757,900
  • Assessed Improvements Value: $921,500

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 637428
  • Previous Sale Recording Date: Aug 22, 2018
  • Previous Sale Amount: $1,500,000
  • 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

2467 ft²

Average Home Age

72.8 years

Currently For Sale

1401 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: 13 days ago
Data Source: MLS PIN, MLS# 71234724

Frequently Asked Questions

When was property at 7 Erin's Way built and last sold?
The property at 7 Erin's Way was built in 1988 and last sold on Jun 30, 2022 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 7 Erin's Way is $1,871,873.
What are some comparable homes to 7 Erin's Way?
There are currently no comparable homes to 7 Erin's Way.
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