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Plymouth 02043
38 Independence Ln
$688,000
● House - Off Market

38 Independence Ln

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$1,091,154
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

Don't miss out on this beautifully renovated colonial located on a quiet street in the much desired Liberty Pole Neighborhood. Just move in and relax. This house has it all. Central AC, a renovated eat-in kitchen with granite countertops and stainless steel appliances, 2 renovated baths and hardwood floor throughout. Master bedroom is located on the first floor. Second floor offers 2 large bedrooms and an oversized cedar walk-in closet. Fenced back yard. Minutes from the highway, commuter boat and train station. Opportunity to expand above the garage for an additional bedroom/master bedroom.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$406
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1960

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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 #72217012)

Price History

Date / Event Date Event Price
Oct 6, 2017 Sold
Premium
Sold
Aug 22, 2017 Listed by WEICHERT, Realtors - The Chase Team $699,000
Listed by WEICHERT, Realtors - The Chase Team
Aug 18, 2014 Sold
Premium
Sold
May 30, 2014 Listed by WEICHERT, Realtors - The Chase Team $609,000
Listed by WEICHERT, Realtors - The Chase Team

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 2
  • Basement Area: 952
  • 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: 2,027
  • Gross Building Area: 3,638
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 1311570000001150
  • Parcel: HING M:157 B:0 L:115
  • Lot: 115
  • Municipality: HINGHAM
  • Latitude: 42.1966
  • Longitude: -70.8895

    Address

  • Full Address: 38 Independence Ln
  • Address - House Number: 38
  • 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: $936,600

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,139,579
  • High Value: 1,349,729
  • Low Value: 929,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $936,600
  • Assessed Land Value: $480,000
  • Assessed Improvements Value: $456,600

    Sales

  • Current Sale Recording Date: Oct 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87660
  • Previous Sale Recording Date: Aug 18, 2014
  • Previous Sale Amount: $619,200
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72217012

Frequently Asked Questions

When was property at 38 Independence Lane built and last sold?
The property at 38 Independence Lane was built in 1960 and last sold on Jan 1, 1970 for $688,000.
How much is this home worth?
The estimated value of the home located at 38 Independence Lane is $701,123.
What are some comparable homes to 38 Independence Lane?
There are currently no comparable homes to 38 Independence Lane.
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