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Plymouth 02043
22 Ocean View Dr
$500,000
● House - Off Market

22 Ocean View Dr

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
900 Ft²
$914,212
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Great location in Hingham's highly sought after Crow Point neighborhood surrounded by higher priced homes! Build up a level to truly capitalize on the great views provided by this homes proximity to the water. This home features a large sunny living area with fireplace and large window with partial water views. There are three bedrooms with a full bath on the main floor and a large bonus room in the partially finished basement.  This property could be a great opportunity for a builder to expand the existing house by building up a level to maximize the water views!  Close to the Hingham Shipyard, Commuter Boat, Elementary School and Beach access down the street. Come see the possibilities!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$578
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1957

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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: 4 months ago (MLSPIN #71896914)

Price History

Date / Event Date Event Price
Dec 1, 2015 Sold
Premium
Sold
Aug 31, 2015 Listed by Boston City Properties $520,000
Listed by Boston City Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,507
  • Total Building Area: 900
  • Gross Building Area: 1,816
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 1310160000001150
  • Parcel: HING M:16 B:0 L:115
  • Lot: 115
  • Municipality: HINGHAM
  • Latitude: 42.2595
  • Longitude: -70.9078

    Address

  • Full Address: 22 Ocean View Dr
  • Address - House Number: 22
  • Address - Street Name: Ocean View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hingham
  • Carrier Code: C008
  • 4-Digit Zip Code: 1232
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $755,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 931,715
  • High Value: 1,085,924
  • Low Value: 777,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $755,000
  • Assessed Land Value: $554,400
  • Assessed Improvements Value: $200,600

    Sales

  • Current Sale Recording Date: May 26, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 42998
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O
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:

$652,450

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2331 ft²

Average Home Age

49.8 years

Currently For Sale

1164 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# 71896914

Frequently Asked Questions

When was property at 22 Ocean View Drive built and last sold?
The property at 22 Ocean View Drive was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22 Ocean View Drive is $515,702.
What are some comparable homes to 22 Ocean View Drive?
There are currently no comparable homes to 22 Ocean View Drive.
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