$985,000
●
House -
Off Market
29 Backriver Road #M29
Hingham, MA 02043
3 Beds
2 Baths,
1
Half Bath
2,200 Ft²
$5,670
Est. Monthly
3.91%
Cap Rate
About This Property
Hingham's most prestigious townhome community, BackRiver offers 6
innovative floor plans featuring gourmet kitchens, fireplaces,
large master suites, decks, and 2 car garages. Many with 1st floor
master suites. Enjoy jogging and biking, shopping and dining all
within walking distance of your new home. Commuter boat to Boston
is a 5 minute walk. Short drive to beaches and golf. 50% Sold Out.
'M' Building now under construction w breathtaking views of the
Back River and Garden Level walkouts.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$448
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2008
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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: 2 months ago (MLSPIN #71177635)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2013 | Sold | ||
| Sold | |||
| Oct 21, 2011 | Listed by The Hastings Companies | $985,000 | |
| Listed by The Hastings Companies | |||
| | |||
|
Hingham's most prestigious townhome community, BackRiver offers 6 innovative floor plans featuring gourmet kitchens, fireplaces, large master suites, decks, and 2 car garages. Many with 1st floor master suites. Enjoy jogging and biking, shopping and dining all within walking distance of your new home. Commuter boat to Boston is a 5 minute walk. Short drive to beaches and golf. 50% Sold Out. 'M' Building now under construction w breathtaking views of the Back River and Garden Level walkouts.
| |||
| Jan 11, 2011 | Listed by The Hastings Companies | $985,000 | |
| Listed by The Hastings Companies | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Faces Side, Paved, Off Street
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Wood, Tile, Carpet
Door Features: Storm Door(s), Insulated Doors
Laundry Features: Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Walk-Out Access
Exterior Details
Has Property Attached
Square Footage: 2200
Square Footage Source: $0
Architectural Style: Garrison
Year Built Source: Builder
Year Built: 2008
Building Area Total: 2200
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lot Features: Wooded
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $9,999
Tax Annual Amount: $9,999
Utilities Details
Cooling Type: Central Air, None, 3 or More
Heating Type: Forced Air, Heat Pump, Natural Gas
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/21/2011
|
3 Bed
|
2 Bath
|
2200 ft²
|
$985,000
3 Bed
2 Bath
2200 ft²
|
$1,048,750
+6.47%
01/14/2013
|
Thomas J. Hastings
The Hastings Companies
| |
|
01/11/2011
|
3 Bed
|
2 Bath
|
2200 ft²
|
$985,000
3 Bed
2 Bath
2200 ft²
|
-
-
|
Thomas J. Hastings
The Hastings Companies
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017