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    Property profile & analytics

    224 Bay Rd South Hamilton, MA 01982-2248

    • Investment properties
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 23, 2023
    Location Intelligence
    Property ID
    US38-0901823
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 224 Bay Rd

    Lot size
    0.20 lot acres
    Zone code
    B
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    HAMI M:55 B:233
    APU
    HAMIM55B233

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Hamilton
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8732
    Latitude
    42.6123
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,759
    $322,700
    $521,700
    $844,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,726 SF

      227 Willow St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,726 SF
      227 Willow St, South Hamilton, MA 01982-2289
      View Details
    • Value Estimation by Request
      3,183 SF

      557 Bay Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,183 SF
      557 Bay Rd, South Hamilton, MA 01982-1007
      View Details
    • Value Estimation by Request
      3,034 SF

      69 Willow St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,034 SF
      69 Willow St, South Hamilton, MA 01982-2355
      View Details
    • Value Estimation by Request
      2.19 Acres

      188 Asbury St

      OFFICE/RESIDENTIAL (MIXED USE) • 2.19 Acres
      188 Asbury St, South Hamilton, MA 01982-1812
      View Details
    • Value Estimation by Request
      4.20 Acres

      200 Asbury St

      OFFICE/RESIDENTIAL (MIXED USE) • 4.20 Acres
      200 Asbury St, South Hamilton, MA 01982-1812
      View Details
    • Value Estimation by Request
      2,702 SF

      25 Woodbury St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,702 SF
      25 Woodbury St, South Hamilton, MA 01982-2324
      View Details

    Similar Nearby for Lease

    • $800 /Mo

      Executive Suites in Hamilton, MA

      Single-office executive suites available with shared amenities in Hamilton, MA.
      205 Willow St, Hamilton, MA 01982
      View Details
    • $1,000 /Mo
      450 SF

      Professional Office Space For Rent

      Professional office space in suburban office complex, South Hamilton, MA.
      205B Willow St, Hamilton, MA 01982
      View Details
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    224 Bay Rd
    South Hamilton, MA 01982-2248
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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