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Hingham 02043
3 Home Meadows Ln
$3,200,000
● House - Off Market

3 Home Meadows Ln

Hingham, MA 02043
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,500 Ft²
$17,807
Est. Monthly

About This Property

Meticulously crafted, custom-built Hingham home designed by renowned Nantucket architect. 3 Home Meadows Lane is a 5,500 SF, 4+ bed, 5.5 bath home with Wolf and Sub-Zero appliances, quartzite and marble countertops, designer lighting, custom millwork and Shaker-style cabinetry, wide-plank, white oak flooring, first floor primary suite, two laundry rooms and finished walk-out basement with 10-foot ceilings and full height windows and much, much more. Located in one of Hingham's most sought-after lower Main Street neighborhoods, 3 Home Meadows Lane is sited on a quiet cul-de-sac-a short stroll to downtown Hingham shops and restaurants.
Unit Size
5,500 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$618
Property Type
House
Property Taxes
$1,117
HOA Dues
-
Year Built
1850

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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 #73281917)

Price History

Date / Event Date Event Price
Dec 19, 2024 Sold
Premium
Sold
Nov 26, 2024 In contract -
In contract
Nov 10, 2024 Price Decreased $3,399,000
↓ $200K (5.6%)
Price Decreased
Oct 3, 2024 Price Decreased $3,599,000
↓ $100K (2.7%)
Price Decreased
Sep 23, 2024 Price Increased $3,699,000
↑ $300K (8.8%)
Price Increased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,056
  • Total Building Area: 2,285
  • Gross Building Area: 5,432
  • Building Area: 2,285
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,285
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000575
  • 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: 501101

Geography

  • Account Number: 1310720000000320
  • Parcel: HING M:72 B:0 L:32
  • Lot: 32
  • Municipality: HINGHAM
  • Latitude: 42.2374
  • Longitude: -70.8833

    Address

  • Full Address: 3 Home Meadows Ln
  • Address - House Number: 3
  • Address - Street Name: Home Meadows
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Hingham
  • Carrier Code: C024
  • 4-Digit Zip Code: 1951
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,085,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 1,821,217
  • High Value: 2,269,519
  • Low Value: 1,372,916

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,085,900
  • Assessed Land Value: $594,600
  • Assessed Improvements Value: $491,300

    Sales

  • Current Sale Contract Date: Mar 21, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 829668
  • Previous Sale Recording Date: Mar 22, 2022
  • Previous Sale Contract Date: Mar 11, 2022
  • Previous Sale Amount: $2,200,000
  • 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 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# 73281917

Frequently Asked Questions

When was property at 3 Home Meadows Lane built and last sold?
The property at 3 Home Meadows Lane was built in 1850 and last sold on Mar 21, 2022 for $2,200,000.
How much is this home worth?
The estimated value of the home located at 3 Home Meadows Lane is $3,432,990.
What are some comparable homes to 3 Home Meadows Lane?
There are currently no comparable homes to 3 Home Meadows Lane.
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