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Hingham 02043
21 Summit Drive
$812,935
● House - Off Market

21 Summit Drive

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,914 Ft²
$1,171,319
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Welcome to this Spacious ranch style home with views of Boston Harbor in one of Hingham's sought after neighborhoods. Great floor plan in this easy living style home. Massive finished lower level- Family room with fireplace, private home office, game room/laundry room and walk out to lovely yard.  New Oct 2017 gas boiler!  Newer hot water tank.  Close to shopping, commuter train and boat, and restaurants. This won't last.
Unit Size
2,914 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$257
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1964

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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 #72246853)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Oct 24, 2017 Listed by William Raveis R.E. & Home Services $749,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 821
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,569
  • Total Building Area: 1,642
  • Gross Building Area: 4,084
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 1310480000000920
  • Parcel: HING M:48 B:0 L:92
  • Lot: 92
  • Municipality: HINGHAM
  • Latitude: 42.2473
  • Longitude: -70.9084

    Address

  • Full Address: 21 Summit Dr
  • Address - House Number: 21
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hingham
  • Carrier Code: C028
  • 4-Digit Zip Code: 2159
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,060,600

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,320,397
  • High Value: 1,538,937
  • Low Value: 1,101,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,060,600
  • Assessed Land Value: $637,800
  • Assessed Improvements Value: $422,800

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105339
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

2613 ft²

Average Home Age

211.6 years

Currently For Sale

12 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# 72246853

Frequently Asked Questions

When was property at 21 Summit Drive built and last sold?
The property at 21 Summit Drive was built in 1964 and last sold on Jan 1, 1970 for $812,935.
How much is this home worth?
The estimated value of the home located at 21 Summit Drive is $816,031.
What are some comparable homes to 21 Summit Drive?
There are currently no comparable homes to 21 Summit Drive.
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