23 Otis Hill
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Oct 6, 2025 | Listed by Compass | $1,399,000 | |
| Listed by Compass | |||
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Delightful Arts & Crafts bungalow in sought-after Crow Point with sparkling views of Hingham Harbor. Meticulously maintained, this home blends timeless character, high ceilings, hardwood floors, wainscoting, and a paneled gas fireplace, with thoughtful updates. The cherry-and-granite kitchen flows to a welcoming dining and living area that opens to a private Azek deck overlooking the water. Two bedrooms on the main level include a serene primary that connects to an all-season sunroom filled with natural light. The finished lower level offers ~600 SF of flexible living with a family room, full bath, and laundry. A walk-up attic provides storage and expansion potential. Recent updates include a new roof (2022) and deck/stairs (2020). Positioned among multi-million-dollar homes, this is a rare opportunity to move right in or expand and potentially double your investment while capturing even more of the Hingham Harbor views.
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| Aug 29, 2005 | Sold | ||
| Sold | |||
| Jul 21, 2005 | Listed | $749,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017