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Worcester
38 Hingham Rd
$222,500
● House - Off Market

38 Hingham Rd

Grafton, MA 01536
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$390,268
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Clean and comfortable ranch on lovely corner lot in an established neighborhood of similar homes. Freshly painted living room has hardwood floors and quadruple window for extra sunlight. Kitchen has handsome black appliances and freshly painted dining area with wainscoating. Three bedrooms have hardwood flooring, overhead lighting and great closet space. Heated breezeway connects garage and kitchen and offers extra sitting area. One car attached garage--great for storage! Updates include: central air conditioning, vinyl siding, replacement windows, electric panel. Wonderfully level, corner lot with fencing and storage shed. This house is ready for your vision and finishing touches to make it shine! Estate sale. Sold "as is".
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$183
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #71878452)

Price History

Date / Event Date Event Price
Sep 29, 2015 Sold
Premium
Sold
Jul 23, 2015 Listed by Keller Williams Realty Greater Worcester $219,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,040
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,200
  • Gross Building Area: 2,698
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGHAM HILL VLG GRAFTON SEC 0
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Grafton School District
  • School Tax School District: GRAFTON SD
  • Census Tract: 761300

Zoning

  • Zoning: R2

Geography

  • Account Number: 1100360000000710
  • Parcel: GRAF M:0036 B:0000 L:0071.0
  • Lot: 71.0
  • Municipality: GRAFTON
  • Latitude: 42.2254
  • Longitude: -71.7101

    Address

  • Full Address: 38 Hingham Rd
  • Address - House Number: 38
  • Address - Street Name: Hingham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Grafton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1279
  • Zip Code: 01536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $537,900

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 454,402
  • High Value: 539,195
  • Low Value: 369,609

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,400
  • Assessed Land Value: $168,800
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Recording Date: Sep 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 101776
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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2381 ft²

Average Home Age

64.5 years

Currently For Sale

1992 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: 5 months ago
Data Source: MLS PIN, MLS# 71878452

Frequently Asked Questions

When was property at 38 Hingham Road built and last sold?
The property at 38 Hingham Road was built in 1956 and last sold on Jan 1, 1970 for $222,500.
How much is this home worth?
The estimated value of the home located at 38 Hingham Road is $228,734.
What are some comparable homes to 38 Hingham Road?
There are currently no comparable homes to 38 Hingham Road.
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