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Hingham 02043
28 Summit Drive
$764,500
● House - Off Market

28 Summit Drive

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,542 Ft²
$1,664,172
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

This lovely home offers a grand living room, elegant dining room, a designer kitchen with eat-in area. Large family room boasts hardwood floors and offers custom built-ins. Ideally set off the road on a cul-de-sac, this well landscaped yard has beautiful mature plantings and seasonal views.
Unit Size
2,542 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$314
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1953

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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 #71397052)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by Coldwell Banker Residential Brokerage - Hingham $1,249,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Oct 25, 2012 Sold
Premium
Sold
Jun 14, 2012 Listed by Coldwell Banker Residential Brokerage - Hingham $799,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Nov 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 2
  • Basement Area: 1,794
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,241
  • Total Building Area: 2,622
  • Gross Building Area: 6,314
  • Building Area: 2,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,622
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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: 1310480000000960
  • Parcel: HING M:48 B:0 L:96
  • Lot: 96
  • Municipality: HINGHAM
  • Latitude: 42.247
  • Longitude: -70.909

    Address

  • Full Address: 28 Summit Dr
  • Address - House Number: 28
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hingham
  • Carrier Code: C028
  • 4-Digit Zip Code: 2160
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,275,000

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,543,926
  • High Value: 1,834,472
  • Low Value: 1,253,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,275,000
  • Assessed Land Value: $643,300
  • Assessed Improvements Value: $631,700

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120752
  • Previous Sale Recording Date: Oct 25, 2012
  • Previous Sale Amount: $764,500
  • 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 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# 71397052

Frequently Asked Questions

When was property at 28 Summit Drive built and last sold?
The property at 28 Summit Drive was built in 1953 and last sold on Oct 20, 2021 for $1,349,000.
How much is this home worth?
The estimated value of the home located at 28 Summit Drive is $1,310,517.
What are some comparable homes to 28 Summit Drive?
There are currently no comparable homes to 28 Summit Drive.
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