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Plymouth 02043
4 Forest Ln
$598,000
● House - Off Market

4 Forest Ln

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,596 Ft²
$1,041,336
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Charming Colonial conveniently located in the Prospect Street neighborhood!  Custom built in l947, it offers 7 rooms, 3 bedrooms and 1 1/2 baths. It has been well maintained and expanded.  The Living Room has a fireplace surrounded by bookshelves, and wall-to-wall carpet over wood floors. It opens onto the Dining Room with built-in china cabinets, and wall-to-wall over wood floors.   The Family Room with fireplace and built-in bookshelves, opens onto the patio. This space was originally the  garage. This room has wall-to-wall carpet. On the second floor there are 3  bedrooms with wall-to-wall carpet over wood floors, and a tiled, full bath. A  stairway in a closet provides attic access. The basement has served as a  playroom, office, and laundry.
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$375
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1947

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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 #71814112)

Price History

Date / Event Date Event Price
Jun 9, 2015 Sold
Premium
Sold
Apr 8, 2015 Listed by Hammond Residential $598,000
Listed by Hammond Residential

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,596
  • Gross Building Area: 2,220
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 501203

Geography

  • Account Number: 1311690000000980
  • Parcel: HING M:169 B:0 L:98
  • Lot: 98
  • Municipality: HINGHAM
  • Latitude: 42.1943
  • Longitude: -70.8769

    Address

  • Full Address: 4 Forest Ln
  • Address - House Number: 4
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Hingham
  • Carrier Code: C019
  • 4-Digit Zip Code: 3413
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $780,600

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,010,377
  • High Value: 1,196,700
  • Low Value: 824,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,600
  • Assessed Land Value: $459,600
  • Assessed Improvements Value: $321,000

    Sales

  • Current Sale Recording Date: Jun 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 732801
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:

$665,000

Sale Price/ft²

$371

Above Asking

0.15%

Average Days on Market

59

Average Home Size

2259 ft²

Average Home Age

57.9 years

Currently For Sale

1292 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# 71814112

Frequently Asked Questions

When was property at 4 Forest Lane built and last sold?
The property at 4 Forest Lane was built in 1947 and last sold on Jan 1, 1970 for $598,000.
How much is this home worth?
The estimated value of the home located at 4 Forest Lane is $604,616.
What are some comparable homes to 4 Forest Lane?
There are currently no comparable homes to 4 Forest Lane.
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