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Hull 02045
28 Ocean Avenue
$340,000
● House - Off Market

28 Ocean Avenue

Hull, MA 02045
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,056 Ft²
$351,659
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Beautiful Views of the Ocean, Bay and Boston Skyline from this 3 Bedroom, 1 & a  1/4 Bath summer house a walk away from Coast Guard Beach. First floor features a living room with fireplace and an equally large eat-in kitchen and 1/4 bath. 2nd floor has 3 Bedrooms and a full bath. House needs renovating. Cash or rehab loan needed. Close to commuter boat to Boston. House being sold in "AS IS" condition. No showings until Sunday Open House 11/20/2022 Noon-2PM. Any & All Offers due Tuesday at noon. Seller's Response by Wednesday at 5.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$331
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1919

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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 #73059712)

Price History

Date / Event Date Event Price
May 1, 2023 Sold
Premium
Sold
Dec 3, 2022 In contract -
In contract
Nov 18, 2022 Listed by Charisma Realty, Inc. $350,000
Listed by Charisma Realty, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 1,660
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000038
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wareham School District
  • School Tax School District: HULL SD
  • Census Tract: 500101

Zoning

  • Zoning: SFB

Geography

  • Account Number: 3-057
  • District: 142
  • Parcel: HULL M:00003 P:00057
  • Municipality: HULL
  • Latitude: 42.3049
  • Longitude: -70.9134

    Address

  • Full Address: 28 Ocean Ave
  • Address - House Number: 28
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hull
  • Carrier Code: C005
  • 4-Digit Zip Code: 1014
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $371,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 355,416
  • High Value: 424,885
  • Low Value: 285,947

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $319,100
  • Assessed Land Value: $200,100
  • Assessed Improvements Value: $119,000

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26167
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:

$749,950

Sale Price/ft²

$469

Below Asking

0.02%

Average Days on Market

66

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73059712

Frequently Asked Questions

When was property at 28 Ocean Avenue built and last sold?
The property at 28 Ocean Avenue was built in 1919 and last sold on Apr 26, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 28 Ocean Avenue is $360,237.
What are some comparable homes to 28 Ocean Avenue?
There are currently no comparable homes to 28 Ocean Avenue.
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