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Plymouth
115 Richard Dr
$649,000
● House - Off Market

115 Richard Dr

Hanover, MA 02339
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,028 Ft²
$3,795
Est. Monthly

About This Property

This 3 bedroom Raised Ranch features an oversized 2 car garage with workshop space in a quiet neighborhood on a nice large lot. Main level offers open floor concept with fireplace living-room and Sun Room off the kitchen, dining room area. Plus three bedrooms and a full tiled walk-in shower bathroom. The lower level offers a large family room with a gas fireplace stove! This space offering many possibilities. This home is wired for a back-up generator. The heated 2 car garage has a large workshop plus 2nd level pull down stair storage area. This home offers gas heating and central air.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$320
Property Type
House
Property Taxes
$603
HOA Dues
-
Year Built
1966

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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 #73183440)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Jan 31, 2024 In contract -
In contract
Jan 3, 2024 Price Decreased $649,900
↓ $9K (1.4%)
Price Decreased
Dec 14, 2023 Price Decreased $659,000
↓ $10K (1.5%)
Price Decreased
Dec 6, 2023 Price Increased $669,000
↑ $19K (2.9%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 496
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,897
  • Total Building Area: 1,364
  • Gross Building Area: 3,044
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 503102

Geography

  • Account Number: 1010
  • Parcel: HANO M:77 L:061
  • Lot: 61
  • Municipality: HANOVER
  • Latitude: 42.0977
  • Longitude: -70.8565

    Address

  • Full Address: 115 Richard Dr
  • Address - House Number: 115
  • Address - Street Name: Richard
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hanover
  • Carrier Code: C001
  • 4-Digit Zip Code: 2537
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,600

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 637,432
  • High Value: 689,498
  • Low Value: 585,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,400
  • Assessed Land Value: $246,800
  • Assessed Improvements Value: $289,600

    Sales

  • Current Sale Contract Date: Mar 28, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 850542
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 Plymouth

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2349 ft²

Average Home Age

49.8 years

Currently For Sale

1191 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73183440

Frequently Asked Questions

When was property at 115 Richard Drive built and last sold?
The property at 115 Richard Drive was built in 1966 and last sold on Mar 28, 2024 for $649,000.
How much is this home worth?
The estimated value of the home located at 115 Richard Drive is $663,557.
What are some comparable homes to 115 Richard Drive?
There are currently no comparable homes to 115 Richard Drive.
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