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191 Bay Road, Hamilton MA 01982

$920,000

Estimated $2,364/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $460,000

Total Rent: 30000/year

Estimated CAP Rate:

5 Bedrooms

Baths

2500

Total Parking: 8 (2 Garage)

24,829 (0.57)

5% FEE PAID TO AGENT!!! NEW PRICE & Exterior painting happening now!!! Take a look at the pictures if the NEW deck and stairs to the 2nd floor unit!!! YOU WILL LOVE THIS PROPERTY MORE AFTER REVIEWING THE ATTACHED NOTES ON THE FANNIE MAE 5% EQUITY PROGRAM FOR OWNER OCCUPANTS!!! A charming in-town three level Two-Family available as an excellent investment or an ideal owner occupant with in-place rental income. Take advantage of the new 5% down Fannie Mae financing program recently enacted to benefit multi-family owner occupants. The property has undergone renovations over the past two years and is ready for an upper unit rental or owner-occupant. Please see the attached document for details on the renovations and features of the property.

This home has been viewed 107 times

Last Checked: October 7th, 2024 at 4:54pm (Source: MLS PIN #73191107)

Gross Income: $30,000

Gross Expenses: $10,469

Net Income Calc: $19,531

Water Views

Annual Expenses for 191 Bay Road, Hamilton MA 01982

Total Gross Expenses (Calculated)$10,469/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10469

Annual Income & Unit Breakdown for 191 Bay Road, Hamilton MA 01982

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 191 Bay Road, Hamilton MA 01982

Listing ID73191107

Property TypeMulti Family / 2 Family

Price920000 ($368/SqFt)

Style2 Family - 2 Units Up/down

CityHamilton

CountyEssex

MLS AreaSouth Hamilton

Neighborhood(s)Ipswich

Approximate Living Area Total2500

Approximate Lot Size (Acres)0.57

Total Parking8 (2 Garage)

Garage Parking2

Year Built1850

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningResidentia

Water ViewsNo

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 191 Bay Road, Hamilton MA 01982

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsNelson Pendant Lamp In Third Floor Bedroom/Office.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation5

Facilitator Compensation5

Sub-Agent Compensation5

Compensation Based OnGross/full Sale Price

Financial Information for 191 Bay Road, Hamilton MA 01982

Real Estate Taxes10469

Tax Year2024

Assessed Value$692,900

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 191 Bay Road, Hamilton MA 01982

Elementary SchoolWinthrop

Middle SchoolWinthrop

High SchoolHwrhs

Neighborhood(s)Ipswich

MLS AreaSouth Hamilton

Area AmenitiesWalk/jog Trails

Contact Information for 191 Bay Road, Hamilton MA 01982

Agent

Name: Frederick Bruce Harlamert

Office

Name: Frederick Bruce Harlamert

Phone: 617-697-8530

Payment Calculator

, Interest

Property Taxes 872.42

Principal & Interest 5668.75

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Frederick Bruce Harlamert

Agent Phone

Office Phone

(617) 697-8530

Text Agent Call Agent Call Office

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    [team] => 
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    [unparsed] => 191 Bay Road, Hamilton MA 01982
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[raw] => 
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EXIT

28 More Photos

Withdrawn

191 Bay Road, Hamilton MA 01982

$920,000

Annual Expenses for 191 Bay Road, Hamilton MA 01982

Annual Income & Unit Breakdown for 191 Bay Road, Hamilton MA 01982

General Information for 191 Bay Road, Hamilton MA 01982

Disclosures for 191 Bay Road, Hamilton MA 01982

Financial Information for 191 Bay Road, Hamilton MA 01982

Location Information for 191 Bay Road, Hamilton MA 01982

Contact Information for 191 Bay Road, Hamilton MA 01982

Agent

Office

Payment Calculator

Exclusive Listing Agent

Frederick Bruce Harlamert

Frederick Bruce Harlamert