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Hingham 02043
24 Water St
$1,550,000
● House - Off Market

24 Water St

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,316 Ft²
$2,651,978
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

BEAUTIFULLY renovated antique with nearly an acre of land in downtown Hingham, just a short stroll to the harbor and shops/restaurants. This home underwent a major RENOVATION in 2001 so it offers the charm and character of an older home, but the amenities of today. White kitchen with Thermador appliances, 3.5 PRETTY baths, Central Air and newer systems. There are 4 spacious bedrooms upstairs, one with it's own private bath and a luxurious master suite with a sitting area, double walk in closets and a marble bath. Front, back and middle staircases, 6 fireplaces and multiple outbuildings including a barn/garage, play house and oversized shed. Enjoy the lovely flat lawn area from your side porch with pergola or the bluestone courtyard with lovely gardens. EAST SCHOOL.
Unit Size
4,316 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$382
Property Type
House
Property Taxes
$1,294
HOA Dues
-
Year Built
1833

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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 #72054861)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Aug 18, 2016 Listed by Coldwell Banker Residential Brokerage - Hingham $1,650,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Oct 31, 2005 Sold
Premium
Sold
Jul 19, 2005 Listed by Coldwell Banker Residential Brokerage - Hingham $1,695,000
Listed by Coldwell Banker Residential Brokerage - Hingham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1833
  • Effective Year Built: 1833
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,190
  • Total Building Area: 4,001
  • Gross Building Area: 5,594
  • Building Area: 4,001
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,001
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000785
  • 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: 501101

Geography

  • Account Number: 1310620000000010
  • Parcel: HING M:62 B:0 L:1
  • Lot: 1
  • Municipality: HINGHAM
  • Latitude: 42.2416
  • Longitude: -70.8839

    Address

  • Full Address: 24 Water St
  • Address - House Number: 24
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C024
  • 4-Digit Zip Code: 1943
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,779,100

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 2,569,062
  • High Value: 3,136,634
  • Low Value: 2,001,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,779,100
  • Assessed Land Value: $623,500
  • Assessed Improvements Value: $1,155,600

    Sales

  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26015
  • Previous Sale Recording Date: Oct 31, 2005
  • Previous Sale Amount: $1,670,000
  • Previous 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 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# 72054861

Frequently Asked Questions

When was property at 24 Water Street built and last sold?
The property at 24 Water Street was built in 1833 and last sold on Jan 1, 1970 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 24 Water Street is $1,695,919.
What are some comparable homes to 24 Water Street?
There are currently no comparable homes to 24 Water Street.
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