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Hull 02045
27 Prospect Ave
$440,000
● House - Off Market

27 Prospect Ave

Hull, MA 02045
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,547 Ft²
$559,190
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

THIS BLANK CANVAS IS CALLING YOUR NAME! The home has been completely gutted on the inside and is awaiting your design and ideas! Sitting atop Strawberry Hill with close proximity to Nantasket Beach and water views when the leaves fall this location is truly second to none. Great opportunity for builders/investors or for an end user to build some sweat equity. This home will not qualify for traditional financing. Seller and Seller's agent make no warranties or representations. Buyer and/or buyer's agent to verify all information. Please bring flashlights to tour the property as their is no electricity. First showings will be at the open house this Saturday from 12:30 PM - 2:00 PM.
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$323
Property Type
House
Property Taxes
$725
HOA Dues
-
Year Built
1965

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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: 5 years ago (MLSPIN #72910531)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Dec 8, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Conway - Hull $499,000
Listed by Conway - Hull
Apr 11, 2000 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,051
  • Total Building Area: 1,547
  • Gross Building Area: 2,886
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hull School District
  • School Tax School District: HULL SD
  • Census Tract: 500104

Zoning

  • Zoning: SFB

Geography

  • Account Number: 18-112
  • District: 142
  • Parcel: HULL M:00018 P:00112
  • Municipality: HULL
  • Latitude: 42.2907
  • Longitude: -70.8793

    Address

  • Full Address: 27 Prospect Ave
  • Address - House Number: 27
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hull
  • Carrier Code: C006
  • 4-Digit Zip Code: 2024
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $895,000
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 773,204
  • High Value: 906,329
  • Low Value: 640,080

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $768,200
  • Assessed Land Value: $385,100
  • Assessed Improvements Value: $383,100

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21218
  • Previous Sale Recording Date: Dec 08, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: O
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

68

Average Home Size

2125 ft²

Average Home Age

60.4 years

Currently For Sale

53 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: 5 years ago
Data Source: MLS PIN, MLS# 72910531

Frequently Asked Questions

When was property at 27 Prospect Avenue built and last sold?
The property at 27 Prospect Avenue was built in 1965 and last sold on Apr 7, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 27 Prospect Avenue is $0.
What are some comparable homes to 27 Prospect Avenue?
There are currently no comparable homes to 27 Prospect Avenue.
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