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Hull 02045
242 Atlantic Ave
$399,000
● House - Off Market

242 Atlantic Ave

Hull, MA 02045
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,432 Ft²
$590,978
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Attention Contractors! Welcome to Hull, walk to Gunrock Beach and Nantasket Beach.This property has several possibilities, buyers to confirm with town building depts., all plans, requirements and restrictions. Location offers easy access in and out of town commute. "Sold as Is". Buyers and Buyers Agents do due diligence.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$164
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1921

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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 #72313210)

Price History

Date / Event Date Event Price
Jun 27, 2018 Sold
Premium
Sold
Apr 23, 2018 Listed by Coldwell Banker Residential Brokerage - Hingham $399,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Feb 26, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,216
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,277
  • Total Building Area: 2,432
  • Gross Building Area: 5,152
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwell School District
  • School Tax School District: HULL SD
  • Census Tract: 500103

Zoning

  • Zoning: BUS

Geography

  • Account Number: 51-050
  • District: 142
  • Parcel: HULL M:00051 P:00050
  • Municipality: HULL
  • Latitude: 42.2658
  • Longitude: -70.845

    Address

  • Full Address: 242 Atlantic Ave
  • Address - House Number: 242
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hull
  • Carrier Code: C001
  • 4-Digit Zip Code: 3242
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,600

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 655,910
  • High Value: 778,048
  • Low Value: 533,771

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $316,400
  • Assessed Land Value: $269,200
  • Assessed Improvements Value: $47,200

    Sales

  • Current Sale Recording Date: Jun 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50301
  • Previous Sale Recording Date: Feb 26, 2003
  • Previous Sale Amount: $275,000
  • 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 Hull

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$469

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2146 ft²

Average Home Age

60.2 years

Currently For Sale

49 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 months ago
Data Source: MLS PIN, MLS# 72313210

Frequently Asked Questions

When was property at 242 Atlantic Avenue built and last sold?
The property at 242 Atlantic Avenue was built in 1921 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 242 Atlantic Avenue is $403,232.
What are some comparable homes to 242 Atlantic Avenue?
There are currently no comparable homes to 242 Atlantic Avenue.
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