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Plymouth 02043
32 Independence Lane
$490,000
● House - Off Market

32 Independence Lane

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,963 Ft²
$1,085,552
RealtyHop Estimate
117.15%
Since Oct 1, 2002
MA-Boston
Primary Model

About This Property

*SPACIOUS 9ROOM 4 BEDRM STRAIGHT RANCH*ULTRA QUIET LOCATION* *LOVELY INTERIOR*SKYLIT KITCHEN & DR*FPLR*HWDFLRS*2.5 BATHS* *CENTRAL A/C**1ST FLOOR FAMILY RM TO BIG DECK*NEW HEAT SYS** *FIN BASEMENT W/BEDRM/FULL BATH/LARGE PLAY AREA*GARAGE+MORE!
Unit Size
1,963 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$255
Property Type
House
Property Taxes
$363
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 #30627678)

Price History

Date / Event Date Event Price
Jan 24, 2022 Sold
Premium
Sold
Jun 15, 2021 Sold
Premium
Sold
Sep 13, 2002 Sold
Premium
Sold
Jul 20, 2002 Listed by Best Value Real Estate $499,900
Listed by Best Value Real Estate
Jul 31, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 1,000
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,493
  • Gross Building Area: 3,172
  • Building Area: 1,493
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,493
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INVESTMENT REALTY TRUST
  • Land Acres: 0000000459
  • 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: 501204

Geography

  • Account Number: 1311570000001180
  • Parcel: HING M:157 B:0 L:118
  • Lot: 118
  • Municipality: HINGHAM
  • Latitude: 42.1965
  • Longitude: -70.8885

    Address

  • Full Address: 32 Independence Ln
  • Address - House Number: 32
  • Address - Street Name: Independence
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Hingham
  • Carrier Code: C017
  • 4-Digit Zip Code: 3609
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $828,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,050,860
  • High Value: 1,248,618
  • Low Value: 853,102

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $828,200
  • Assessed Land Value: $480,000
  • Assessed Improvements Value: $348,200

    Sales

  • Current Sale Contract Date: Jan 24, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6911
  • Previous Sale Recording Date: Jun 15, 2021
  • Previous Sale Contract Date: Jun 15, 2021
  • Previous Sale Amount: $860,000
  • 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 Plymouth

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2334 ft²

Average Home Age

50.2 years

Currently For Sale

1222 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# 30627678

Frequently Asked Questions

When was property at 32 Independence Lane built and last sold?
The property at 32 Independence Lane was built in 1963 and last sold on Jan 24, 2022 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 32 Independence Lane is $514,907.
What are some comparable homes to 32 Independence Lane?
There are currently no comparable homes to 32 Independence Lane.
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