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Plymouth
31 Gail Rd
$540,000
● House - Off Market

31 Gail Rd

Hanover, MA 02339
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,820 Ft²
$502,269
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Great Opportunity To Buy In Hanover - PRICED TO SELL! Recent Updates Including Roof, Natural Gas Heating System And Water Heater Have Been Completed. NEW Four-Bedroom Septic Installation In-Process. More Work Is Needed To Bring This Home To Its Full Potential. PRICED AS-IS With Consideration Of ADDITIONAL Work Needed. Garrison Colonial In Convenient Center Hanover Neighborhood Location With Large,Vaulted/Beamed Ceiling Family Room And Two-Car Garage Addition. Hardwood Floors Under Carpet On Stairs, Second Floor Hall And Bedrooms. Great Opportunity To Get Into One Of Hanover's Classic Neighborhood. Add Your Own Improvements For Instant Equity! Contact Agent For Details/ Questions.
Unit Size
1,820 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$275
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1963

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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 #73082990)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Apr 4, 2023 In contract -
In contract
Apr 2, 2023 Relisted $499,900
Relisted
Mar 4, 2023 In contract -
In contract
Mar 1, 2023 Listed by William Raveis R.E. & Home Services $499,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 572
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,820
  • Gross Building Area: 3,504
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 503102

Geography

  • Account Number: 1010
  • Parcel: HANO M:77 L:067
  • Lot: 67
  • Municipality: HANOVER
  • Latitude: 42.0979
  • Longitude: -70.8578

    Address

  • Full Address: 31 Gail Rd
  • Address - House Number: 31
  • Address - Street Name: Gail
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hanover
  • Carrier Code: C001
  • 4-Digit Zip Code: 2518
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,000

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 626,636
  • High Value: 745,298
  • Low Value: 507,974

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500,400
  • Assessed Land Value: $245,100
  • Assessed Improvements Value: $255,300

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 842618
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 Plymouth

Stats & Trends

Median Asking:

$652,450

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2331 ft²

Average Home Age

49.8 years

Currently For Sale

1164 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# 73082990

Frequently Asked Questions

When was property at 31 Gail Road built and last sold?
The property at 31 Gail Road was built in 1963 and last sold on May 23, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 31 Gail Road is $518,639.
What are some comparable homes to 31 Gail Road?
There are currently no comparable homes to 31 Gail Road.
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