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Plymouth 02043
228 Otis Street
$806,000
● House - Off Market

228 Otis Street

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,749 Ft²
$1,586,826
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

A rare find in Hingham - Victorian home built in early 1870s.  One of the original homes in Crow Point and featured in the special edition of the 2006 Calendar.  Also referred to as the "Harmony Cottage".  Home is located on 3/4 acres with lovely gardens and seasonal waterviews.  This stately home is within walking distance to the Yacht Club and all the Hingham Harbor has to offer.  Wonderful Opportunity!
Unit Size
2,749 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$309
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #70530079)

Price History

Date / Event Date Event Price
May 16, 2007 Sold
Premium
Sold
Feb 23, 2007 Listed by Coldwell Banker Realty - Hingham $849,000
Listed by Coldwell Banker Realty - Hingham

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 476
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,065
  • Total Building Area: 3,606
  • Gross Building Area: 6,916
  • Building Area: 3,606
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,606
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000759
  • 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: 1310270000001470
  • Parcel: HING M:27 B:0 L:147
  • Lot: 147
  • Municipality: HINGHAM
  • Latitude: 42.2556
  • Longitude: -70.8984

    Address

  • Full Address: 228 Otis St
  • Address - House Number: 228
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 4504
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,364,500

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 2,236,938
  • High Value: 2,731,135
  • Low Value: 1,742,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,364,500
  • Assessed Land Value: $620,600
  • Assessed Improvements Value: $743,900

    Sales

  • Current Sale Recording Date: May 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70530079

Frequently Asked Questions

When was property at 228 Otis Street built and last sold?
The property at 228 Otis Street was built in 1890 and last sold on Jan 1, 1970 for $806,000.
How much is this home worth?
The estimated value of the home located at 228 Otis Street is $0.
What are some comparable homes to 228 Otis Street?
There are currently no comparable homes to 228 Otis Street.
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