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Plymouth 02043
27 Otis Hill Road
$1,200,000
● House - Off Market

27 Otis Hill Road

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,276 Ft²
$1,152,853
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Opportunity knocks! PRIME CROW POINT location with beautiful VIEWS of Hingham Harbor, Button Island, World's End and Boston Light, from this 3 bedroom Ranch.  Enjoy coastal living at its best with glorious vistas both morning and night. Surrounded by multi-million dollar homes, this lovely lot sits out of the flood zone.  Bring your imagination and build your own paradise! The possibilities are endless. . . the end result, magnificent!  Enjoy the fireworks from the comforts of your home, or stroll to the Harbor to enjoy all the festivities! Close proximity to Hingham Yacht Club, Hingham Harbor Bathing Beach, and Hingham Square with its many restaurants and boutique shops. Expansion potential, property is on town sewer.
Unit Size
2,276 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$505
Property Type
House
Property Taxes
$785
HOA Dues
-
Year Built
1945

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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 #73114541)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 30, 2023 In contract -
In contract
May 23, 2023 Listed by William Raveis R.E. & Home Services $1,149,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 970
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,306
  • Gross Building Area: 3,038
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 1310380000000090
  • Parcel: HING M:38 B:0 L:9
  • Lot: 9
  • Municipality: HINGHAM
  • Latitude: 42.2524
  • Longitude: -70.8938

    Address

  • Full Address: 27 Otis Hill Rd
  • Address - House Number: 27
  • Address - Street Name: Otis Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 4509
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $941,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,205,941
  • High Value: 1,411,080
  • Low Value: 1,000,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $941,700
  • Assessed Land Value: $693,000
  • Assessed Improvements Value: $248,700

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41700

    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 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73114541

Frequently Asked Questions

When was property at 27 Otis Hill Road built and last sold?
The property at 27 Otis Hill Road was built in 1945 and last sold on Jun 30, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 27 Otis Hill Road is $1,151,225.
What are some comparable homes to 27 Otis Hill Road?
There are currently no comparable homes to 27 Otis Hill Road.
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