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Hingham 02043
38 Middle Street
$1,100,000
● House - Off Market

38 Middle Street

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,234 Ft²
$2,427,071
RealtyHop Estimate
103.10%
Since Oct 1, 2003
MA-Boston
Primary Model

About This Property

BEAUTIFUL SHINGLE STYLE COLONIAL IN HINGHAM CENTER BUILT BY MYRON GATES! HOME HAS MANY CLASSIC FEATURES YET HAS BEEN TOTALLY UPDATED AND ELEGANTLY DECORATED,CUSTOM DESIGNED KITCHEN,MASTER SUITE,THIRD FLOOR MEDIA ROOM AND MUCH MORE!
Unit Size
3,234 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$370
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1915

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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 years ago (MLSPIN #30733328)

Price History

Date / Event Date Event Price
Sep 17, 2003 Sold
Premium
Sold
Jun 12, 2003 Listed by William Raveis R.E. & Home Services $1,195,000
Listed by William Raveis R.E. & Home Services
Jul 1, 1987 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,598
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,786
  • Total Building Area: 3,720
  • Gross Building Area: 6,264
  • Building Area: 3,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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: 501101

Geography

  • Account Number: 1310900000001450
  • Parcel: HING M:90 B:0 L:145
  • Lot: 145
  • Municipality: HINGHAM
  • Latitude: 42.2306
  • Longitude: -70.8776

    Address

  • Full Address: 38 Middle St
  • Address - House Number: 38
  • Address - Street Name: Middle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C004
  • 4-Digit Zip Code: 2830
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,728,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,216,980
  • High Value: 2,583,914
  • Low Value: 1,850,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,728,000
  • Assessed Land Value: $763,400
  • Assessed Improvements Value: $964,600

    Sales

  • Current Sale Recording Date: Sep 17, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 01, 1987
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 27
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:

$1,499,000

Sale Price/ft²

$605

Below Asking

0.02%

Average Days on Market

54

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30733328

Frequently Asked Questions

When was property at 38 Middle Street built and last sold?
The property at 38 Middle Street was built in 1915 and last sold on Jan 1, 1970 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 38 Middle Street is $0.
What are some comparable homes to 38 Middle Street?
There are currently no comparable homes to 38 Middle Street.
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