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Hull 02045
161 Beach Ave
$400,000
● Land - Off Market

161 Beach Ave

Hull, MA 02045
bedrooms
Studio
bathrooms
0 Bath
$875,246
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Build your dream home on an Ocean Front Lot on a Dead End Street.  Your home can be 35' high. Can cover 30% of the lot. The set backs are 10' on sides, 20' from rear and 25' from front (This could be waived based on existing homes). Home must be built on pylons. A good sized home can be built on this land. The beach is stunningly beautiful. It is a very deep beach in a quiet section.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$398
HOA Dues
-
Year Built
2014

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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 #71379072)

Price History

Date / Event Date Event Price
Aug 10, 2012 Sold
Premium
Sold
May 7, 2012 Listed by Sterling Lion, LLC $429,900
Listed by Sterling Lion, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,075
  • Total Building Area: 1,996
  • Gross Building Area: 2,556
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hull School District
  • School Tax School District: HULL SD
  • Census Tract: 500104

Zoning

  • Zoning: SFA

Geography

  • Account Number: 19-066
  • District: 142
  • Parcel: HULL M:00019 P:00066
  • Municipality: HULL
  • Latitude: 42.2911
  • Longitude: -70.8755

    Address

  • Full Address: 161 Beach Ave
  • Address - House Number: 161
  • Address - Street Name: Beach
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hull
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,259,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 1,115,756
  • High Value: 1,306,906
  • Low Value: 924,605

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,081,100
  • Assessed Land Value: $489,800
  • Assessed Improvements Value: $591,300

    Sales

  • Current Sale Recording Date: Aug 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000007
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 Hull

Stats & Trends

Median Asking:

$749,950

Sale Price/ft²

$469

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2125 ft²

Average Home Age

60.4 years

Currently For Sale

53 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71379072

Frequently Asked Questions

When was property at 161 Beach Avenue built and last sold?
The property at 161 Beach Avenue was built in 2014 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 161 Beach Avenue is $434,199.
What are some comparable homes to 161 Beach Avenue?
There are currently no comparable homes to 161 Beach Avenue.
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