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Hanson 02341
38 West Street
$245,000
● House - Off Market

38 West Street

Hanson, MA 02341
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,378 Ft²
$421,891
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Fantastic opportunity to own a 1987 Colonial for under $250! Finished lower level, fireplace, central vac, 1st floor laundry, natural gas and more!   Deeded rights to Oldham pond (fully recreational). Seller to have newly designed title 5 system (Engineer Joe Webby working on it), and seller willing to do a "hold back" for the installation of new title system! A little paint and minimal effort makes this 1987 Colonial shine again!
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$181
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72034678)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Conway - Abington $419,900
Listed by Conway - Abington
Sep 30, 2016 Sold
Premium
Sold
Jul 7, 2016 Listed by Conway - Abington $249,900
Listed by Conway - Abington
Dec 15, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 522101

Zoning

  • Zoning: 100

Geography

  • Account Number: 3294
  • Parcel: HANS M:70 B:0 P:36
  • Municipality: HANSON
  • Latitude: 42.0639
  • Longitude: -70.8434

    Address

  • Full Address: 38 West St
  • Address - House Number: 38
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hanson
  • Carrier Code: R005
  • 4-Digit Zip Code: 1425
  • Zip Code: 02341

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,400

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 497,591
  • High Value: 595,343
  • Low Value: 399,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $415,100
  • Assessed Land Value: $154,800
  • Assessed Improvements Value: $260,300

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132472
  • Previous Sale Recording Date: Sep 30, 2016
  • Previous Sale Amount: $245,000
  • 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 Hanson

Stats & Trends

Median Asking:

$532,000

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1747 ft²

Average Home Age

55 years

Currently For Sale

1 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: 5 months ago
Data Source: MLS PIN, MLS# 72034678

Frequently Asked Questions

When was property at 38 West Street built and last sold?
The property at 38 West Street was built in 1987 and last sold on Nov 23, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 38 West Street is $424,184.
What are some comparable homes to 38 West Street?
There are currently no comparable homes to 38 West Street.
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