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Hingham 02043
257R Central St
$1,250,000
● House - Off Market

257R Central St

Hingham, MA 02043
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,335 Ft²
$7,256
Est. Monthly

About This Property

Set back on a rear lot, you can't beat this Location! Beautiful 5-bedroom home in the heart of Hingham Center on nearly an acre lot! This sun-filled spacious home has 10 rooms with an open kitchen, living and dining area with Viking appliances, island, honed granite counters, gas fireplace, built-ins, and recessed lighting. Located off the kitchen is the living room with ample space to enjoy with the family. The master suite has 2 double closets and a stunning master bath. Enjoy the endless possibilities in the lower level featuring, an office, 3 large bedrooms, a full bath, and a laundry room with built-ins and sink. All of this is within a short distance of the recreation center, town ballfields, downtown shops, and restaurants.
Unit Size
3,335 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$393
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1969

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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 #73156057)

Price History

Date / Event Date Event Price
Dec 14, 2023 Sold
Premium
Sold
Nov 4, 2023 In contract -
In contract
Oct 12, 2023 Price Decreased $1,310,000
↓ $69K (5%)
Price Decreased
Sep 27, 2023 Price Increased $1,379,000
↑ $69K (5.3%)
Price Increased
Sep 6, 2023 Listed by Real Broker MA, LLC $1,310,000
Listed by Real Broker MA, LLC
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 19
  • 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: 8
  • Basement Area: 500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,386
  • Total Building Area: 1,916
  • Gross Building Area: 4,148
  • Building Area: 1,916
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,916
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000858
  • 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: 131089000000092
  • Parcel: HING M:89 B:0 L:92
  • Lot: 92
  • Municipality: HINGHAM
  • Latitude: 42.2294
  • Longitude: -70.8871

    Address

  • Full Address: 257r Central St
  • Address - House Number: 257r
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C003
  • 4-Digit Zip Code: 2741
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $988,100

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 1,301,086
  • High Value: 1,407,495
  • Low Value: 1,194,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $988,100
  • Assessed Land Value: $631,700
  • Assessed Improvements Value: $356,400

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81496
  • Previous Sale Recording Date: Apr 16, 2021
  • Previous Sale Contract Date: Apr 16, 2021
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73156057

Frequently Asked Questions

When was property at 257R Central Street built and last sold?
The property at 257R Central Street was built in 1969 and last sold on Dec 14, 2023 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 257R Central Street is $1,305,322.
What are some comparable homes to 257R Central Street?
There are currently no comparable homes to 257R Central Street.
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