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Hingham 02043
12 Summit Drive
Photo of 12 Summit Drive
Sold on Apr 29, 2010

1

Map

$639,000
● House - Off Market

12 Summit Drive

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,487 Ft²
$1,311,804
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Large expanded custom built Cape in desirable Bradley Park. This home features hardwood floors, fire-placed living room, large sunny eat in kitchen. 4th bedroom on main level could be an office. Attached 3 season connects to a large 2 car garage with an unfinished loft. Game room in basement and workshop that could be a wine cellar. Large level fenced rear yard with brick patio and deck. Excellent home in a wonderful neighborhood.
Unit Size
2,487 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$257
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #71050982)

Price History

Date / Event Date Event Price
Apr 29, 2010 Sold
Premium
Sold
Mar 22, 2010 Listed $639,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 625
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,118
  • Total Building Area: 3,422
  • Gross Building Area: 6,398
  • Building Area: 3,422
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hingham School District
  • School Tax School District: HINGHAM SD
  • Census Tract: 501102

Geography

  • Account Number: 1310480000001020
  • Parcel: HING M:48 B:0 L:102
  • Lot: 102
  • Municipality: HINGHAM
  • Latitude: 42.2466
  • Longitude: -70.9064

    Address

  • Full Address: 12 Summit Dr
  • Address - House Number: 12
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hingham
  • Carrier Code: C028
  • 4-Digit Zip Code: 2160
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,159,900

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,410,926
  • High Value: 1,644,450
  • Low Value: 1,177,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,159,900
  • Assessed Land Value: $550,400
  • Assessed Improvements Value: $609,500

    Sales

  • Current Sale Recording Date: Apr 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 00663198
  • Previous Sale Recording Date: Dec 11, 2009
  • Previous Sale Document Type: 48
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 Hingham

Stats & Trends

Median Asking:

$1,524,000

Sale Price/ft²

$614

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2606 ft²

Average Home Age

166.1 years

Currently For Sale

16 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: 2 years ago
Data Source: MLS PIN, MLS# 71050982

Frequently Asked Questions

When was property at 12 Summit Drive built and last sold?
The property at 12 Summit Drive was built in 1967 and last sold on Jan 1, 1970 for $639,000.
How much is this home worth?
The estimated value of the home located at 12 Summit Drive is $678,184.
What are some comparable homes to 12 Summit Drive?
There are currently no comparable homes to 12 Summit Drive.
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