
946 Bay Rd. #2 Hamilton — Photo 1 of 24
Recent Drop: $15,000
$349,900
Investment Analysis — 946 Bay Rd. #2
Hamilton, MA 01982 — South Hamilton
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01982 carries an estimated $2,560/mo in gross rent — about a 4.21% cap rate and $14,738/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
907
Style
Condominium
Built
1840
Single level two bedroom condo on second floor, full of natural light, offering a granite kitchen w/ SS appliances, freshly painted walls, newly refinished hardwood flooring and two equally sized bedrooms connected by a jack and jill tiled bathroom. The spacious living room has enough room to put a dining table set and features a decorative fireplace & closet space. All windows were replaced in 2019. The basement has assigned storage space, laundry area and a high efficiency gas heating system (2016). The exterior offers a large common backyard w/ resident & guest parking. Desirable location moments away from the Hamilton commuter T station, Crane Beach, Appleton Farms, local restaurants & charming shops. Hamilton residents enjoy access to a community pool, tennis & basketball courts and summer concerts at Patton Park. This condo is pet friendly allowing dogs & cats with association permission and comes with two deeded parking spaces.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second17 x 14
Flooring - Hardwood
Kitchen
Lvl Second13 x 10
Flooring - Hardwood, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Master Bedroom
Lvl Second15 x 11
Flooring - Hardwood, Closet - Double
Bedroom 2
Lvl Second15 x 11
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Property History
$349,900
Was $364,900
Sep 4, 2026
MLS® 73566940
$364,900
Aug 20, 2026
MLS® 73566940
$349,900
Dec 31, 2025
MLS® 73420449
$349,900
Aug 30, 2025
MLS® 73420449
Listing Agent: Mirella E. Mcdonough
Listing Office: Real Broker MA, LLC
MLS® Number: 73566940