NOT LISTED FOR SALE

4 Hamlet St Dorchester, MA 02125

Uphams Corner-Jones Hill Neighborhood

Estimated Value: $4,601,682

38 Beds
16 Baths
22,500 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $2,675,000 $119 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $24,422/month

160 Days on Market

About This Home

As of October 2014

THIS TRULY ENORMOUS BRICK CASH COW HAS ALL 16 UNITS (14 APARTMENTS AND 2 COMMERCIAL SPACES) FULLY RENTED AND GENERATES JUST UNDER $23,000 A MONTH IN RENTAL INCOME. THE 14 APARTMENTS ARE BROKEN DOWN AS 10 THREE BED ONE BATH UNITS AND 4 TWO BED ONE BATH UNITS. HUGE AREA IN REAR OF BUILDING WITH CURB CUT FOR PARKING, NEW OWNER WILL ENJOY THE NUMEROUS IMPROVEMENTS THAT HAVE BEEN MADE RECENTLY. INVENTORY IS LOW FOR EVERY INVESTMENT PROPERTY TYPE AND PRACTICALLY NON EXISTENT FOR LARGER BUILDINGS ESPECIALLY BRICK ONES. SHOWINGS WILL BE OF THE GROUP VARIETY AS FULLY TENANTED SO FOLLOW INSTRUCTIONS PLEASE.

Last Agent to Sell the Property

Benjamin Virga

Bridgestone Properties, LLC Listed on: 04/01/2014

Last Buyer's Agent

Benjamin Virga

Bridgestone Properties, LLC Listed on: 04/01/2014

Property Details

Home Type

Multi-Family

Year Built

1899

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Basement: Full

Exterior Features

  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking Spaces: 8

Utilities

  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 13, 2012
Sold by
Fingal Group Llc
Bought by
Hamlet Columbia Props
Seller's Agent
Michael McGuire
Insight Realty Group, Inc.
Buyer's Agent
Michael McGuire
Insight Realty Group, Inc.
List Price
$1,875,000
Sold Price
$1,875,000
Current Estimated Value
$4,601,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,726,682
Avg. Annual Appreciation
7.07%
Original Mortgage
$1,406,250
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2004
Sold by
Dunphy Colm
Bought by
Fingal Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamlet Columbia Props $1,875,000 --
Fingal Group Llc $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 Mount Vernon St Llc $3,500,000
Closed 12 Mount Vernon St Llc $450,000
Closed 12 Mount Vernon St Llc $2,197,200
Closed Hamlet Columbia Props $1,406,250
Previous Owner Fingal Group Llc $1,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $2,675,000 -16.4% $119 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $3,200,000 +70.7% $142 / Sq Ft
09/13/2012 09/13/12 Sold $1,875,000 0.0% $83 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $1,875,000 -- $83 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $2,503,900 $604,000 $1,899,900
2024 -- $2,458,400 $604,000 $1,854,400
2023 $0 $2,517,200 $604,000 $1,913,200
2022 $0 $2,297,800 $604,000 $1,693,800
2021 $0 $2,322,600 $322,100 $2,000,500
2020 $0 $2,286,700 $322,100 $1,964,600
2019 $0 $2,217,500 $322,100 $1,895,400
2018 $0 $2,125,000 $308,100 $1,816,900
2017 $0 $2,062,500 $294,100 $1,768,400
2016 -- $1,847,000 $273,100 $1,573,900
2015 -- $1,651,500 $238,100 $1,413,400
2014 -- $925,500 $210,100 $715,400
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Virga

    Seller's Agent in 2014

    Benjamin Virga

    Bridgestone Properties, LLC

    (857) 342-0644

    12 Total Sales

    Section Image
  • Michael McGuire

    Seller's Agent in 2012

    Michael McGuire

    Insight Realty Group, Inc.

    (617) 839-8944

    129 Total Sales

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71653105

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000007-003891

Massachusetts Suffolk County Dorchester 02125 Uphams Corner-Jones Hill

4 Hamlet St, Dorchester, MA

This home is located at 4 Hamlet St, Dorchester, MA 02125 since 01 April 2014 and is currently estimated at $4,601,682, approximately $204 per square foot. This property was built in 1899. 4 Hamlet St is a home located in Suffolk County with nearby schools including Dudley Street Neighborhood Charter School, Boston Collegiate Charter School, and Pope John Paul II Catholic Academy Columbia Campus.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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