18 Backriver Road #C18
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2013 | Sold | ||
| Sold | |||
| Oct 21, 2011 | Listed by The Hastings Companies | $895,000 | |
| Listed by The Hastings Companies | |||
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Hingham's most prestigious townhome community, BackRiver offers most affordable home featuring large 1st floor master suite, gourmet kitchen, fireplace, decks, and 2 car garage. Exquisite Garden Level walkout with huge wooded rear yard overlooking pond. Enjoy jogging and biking, shopping and dining all within walking distance of your new home. Commuter boat to Boston is a 5 minute walk. Short drive to beaches and golf. 75% Sold Out!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/21/2011
|
3 Bed
|
3 Bath
|
2200 ft²
|
$895,000
3 Bed
3 Bath
2200 ft²
|
$930,000
+3.91%
11/01/2013
|
Thomas Hastings
The Hastings Companies
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017