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Essex
8 Naples Road
$610,000
● House - Off Market

8 Naples Road

Hamilton, MA 01982
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,650 Ft²
$998,898
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

Desirable intown neighborhood location -walking distance to train station, Pingree Park and library. Renovated and large addition in 1988.Bright, sunny and spacious rooms- 2,650 sf living area -large eat in kitchen ,fireplaced dining /living area with hardwood floors, Huge familyroom great for holiday parties and entertaining.Central A/C. New septic in 2002,hot water heater 2009,heating system 2009,whole house backup generator 2012  and solar panels 2015. Two car garage, fenced in backyard. Title V certified.
Unit Size
2,650 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$241
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1949

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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 months ago (MLSPIN #72191647)

Price History

Date / Event Date Event Price
Oct 4, 2017 Sold
Premium
Sold
Jun 30, 2017 Listed by Carney Real Estate $639,900
Listed by Carney Real Estate
Oct 17, 1983 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,340
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,710
  • Gross Building Area: 4,290
  • Building Area: 2,710
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,710
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMILTON HEIGHTS
  • Land Acres: 0000000230
  • 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: 965
  • Parcel: HAMI M:55 B:32
  • Block: 32
  • Lot: 32
  • Municipality: HAMILTON
  • Latitude: 42.6128
  • Longitude: -70.8824

    Address

  • Full Address: 8 Naples Rd
  • Address - House Number: 8
  • Address - Street Name: Naples
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1604
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,054,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 875,621
  • High Value: 1,011,967
  • Low Value: 739,275

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $698,100
  • Assessed Land Value: $265,900
  • Assessed Improvements Value: $432,200

    Sales

  • Current Sale Recording Date: Oct 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183
  • Previous Sale Recording Date: Oct 17, 1983
  • Previous Sale Amount: $30,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72191647

Frequently Asked Questions

When was property at 8 Naples Road built and last sold?
The property at 8 Naples Road was built in 1949 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 8 Naples Road is $663,292.
What are some comparable homes to 8 Naples Road?
There are currently no comparable homes to 8 Naples Road.
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