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Hingham 02043
36 Spring Street
$1,625,000
● House - Off Market

36 Spring Street

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,562 Ft²
$1,592,870
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

In one of the most serene settings Hingham has to offer sits this legacy property being publicly offered by the family for the first time in 100 years, it encompasses just a fraction under 1 full acre, making this fabulously level and cleared lot prime for custom expansion, much like many neighboring properties. The main house offers 4 bedrooms, 2 and one half baths, 1st floor laundry, 2 full kitchens, garage with ample main and lower level storage.  A step off the south facing sun porch, onto the stone patio and you are welcomed by what could be the most beautiful maple tree the eye can imagine, one that has eagerly provided its syrupy nectar for generations.  Beyond that sits 200+ feet of flat lush greens, this is where the mind really begins to wander toward, what exactly the next legacy will accomplish here.
Unit Size
2,562 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$623
Property Type
House
Property Taxes
$859
HOA Dues
-
Year Built
1821

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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 #73123576)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jun 23, 2023 In contract -
In contract
Jun 12, 2023 Listed by Century 21 Signature Properties $1,597,000
Listed by Century 21 Signature Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1821
  • Effective Year Built: 1821
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 1,529
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,380
  • Total Building Area: 2,562
  • Gross Building Area: 4,690
  • Building Area: 2,562
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,562
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000904
  • 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: 501201

Geography

  • Account Number: 1310810000001110
  • Parcel: HING M:81 B:0 L:111
  • Lot: 111
  • Municipality: HINGHAM
  • Latitude: 42.2325
  • Longitude: -70.8767

    Address

  • Full Address: 36 Spring St
  • Address - House Number: 36
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C004
  • 4-Digit Zip Code: 2955
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030,300

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 1,554,834
  • High Value: 1,925,729
  • Low Value: 1,183,939

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,030,300
  • Assessed Land Value: $636,800
  • Assessed Improvements Value: $393,500

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48303

    Financing

  • First Mortgage Financing Type: ADJ
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73123576

Frequently Asked Questions

When was property at 36 Spring Street built and last sold?
The property at 36 Spring Street was built in 1821 and last sold on Jul 31, 2023 for $1,625,000.
How much is this home worth?
The estimated value of the home located at 36 Spring Street is $1,602,277.
What are some comparable homes to 36 Spring Street?
There are currently no comparable homes to 36 Spring Street.
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