39 Backriver Rd #39
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by Hammond Residential Real Estate | $1,450,000 | |
| Listed by Hammond Residential Real Estate | |||
| |||
|
Beautiful townhome at desirable Backriver Condominiums in Hingham. The expansive living room features custom built-ins, a gas fireplace, cathedral ceiling, and access to a private deck and patio. An ample dining area opens to the living room and kitchen, creating an inviting space for everyday living and entertaining. The kitchen offers newer GE Profile and Bosch stainless steel appliances, plus a large granite-topped island with sink, storage, and bar stool seating. The first-floor primary suite features a large walk-in closet and en-suite bath with double sinks, a large Jacuzzi tub, and a spacious shower, ideal for convenient single-level living. First-floor laundry includes a large front-loading LG washer and dryer conveniently located near the kitchen and primary suite. The generous second floor offers three additional rooms, including a bedroom, an office with custom-built workspace, and a versatile guest room/den/office with built-ins, along with a large hall bath. The finished lower level expands the living space with a huge family room, wet bar, additional guest room, and full bath, complemented by new flooring. Additional features include engineered wood flooring, custom built-ins throughout, ample storage, an approximately five-year-old AC condenser, a brand-new water heater, and radon remediation system. Two-car attached garage plus two additional outdoor parking spaces. Ideally located near the waterfront and walking trails of Bare Cove Park, the Hingham Shipyard's restaurants, shops, movie theater, and commuter boat to Boston, as well as Hingham Center, Hingham Square, and local marinas. Enjoy spacious, flexible living in a sought-after Hingham location.
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| Sep 28, 2017 | Sold | ||
| Sold | |||
| Jun 6, 2017 | Listed by Coldwell Banker Residential Brokerage - Hingham | $1,175,000 | |
| Listed by Coldwell Banker Residential Brokerage - Hingham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2017
|
3 Bed
|
3 Bath
|
3400 ft²
|
$1,175,000
3 Bed
3 Bath
3400 ft²
|
$1,140,000
-2.98%
09/28/2017
|
Tara Coveney
Coldwell Banker Realty - Hingham
| |
|
08/12/2007
|
3 Bed
|
3 Bath
|
2200 ft²
|
$875,000
3 Bed
3 Bath
2200 ft²
|
$1,002,682
+14.59%
07/30/2008
|
Jo Grant
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017