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Plymouth
41 Tower Hill Dr
$477,500
● House - Off Market

41 Tower Hill Dr

Hanover, MA 02339
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,714 Ft²
$692,168
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Pride of ownership shows in this must see home located on a dead end street. Newer roof, Harvey windows , front stairs and laminate floors in bedrooms . Kitchen also recently done over. First floor laundry room and half bath off kitchen. Boiler is around 12 years old. Large family room with sliders and brand new carpet which also has possibilities for an in law suite. Nicely landscaped lot with two sheds, one with electricity. This home is great for the commuter located only 2.5 miles from Route 3.  Right down the street from the Hanover Mall which will soon be the all new Hanover Crossing. First showing at open house Saturday 2/15 at noon.
Unit Size
1,714 Ft²
Days on Market
-
Land Size
1.97 acres
Price per sqft
$292
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
1975

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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 #72619033)

Price History

Date / Event Date Event Price
Apr 23, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by Howard Back Realty LLC $499,900
Listed by Howard Back Realty LLC
Apr 3, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 85,813
  • Total Building Area: 1,714
  • Gross Building Area: 3,266
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001970
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 503101

Geography

  • Account Number: 1010
  • Parcel: HANO M:24 L:040
  • Lot: 40
  • Municipality: HANOVER
  • Latitude: 42.1368
  • Longitude: -70.8444

    Address

  • Full Address: 41 Tower Hill Dr
  • Address - House Number: 41
  • Address - Street Name: Tower Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hanover
  • Carrier Code: C012
  • 4-Digit Zip Code: 1538
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $784,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,700
  • Assessed Land Value: $261,900
  • Assessed Improvements Value: $319,800

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33662
  • Previous Sale Recording Date: Apr 03, 1987
  • Previous Sale Amount: $220,000
  • 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 Plymouth

Stats & Trends

Median Asking:

$665,000

Sale Price/ft²

$371

Above Asking

0.15%

Average Days on Market

59

Average Home Size

2258 ft²

Average Home Age

57.2 years

Currently For Sale

1262 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# 72619033

Frequently Asked Questions

When was property at 41 Tower Hill Drive built and last sold?
The property at 41 Tower Hill Drive was built in 1975 and last sold on Apr 23, 2020 for $477,500.
How much is this home worth?
The estimated value of the home located at 41 Tower Hill Drive is $509,857.
What are some comparable homes to 41 Tower Hill Drive?
There are currently no comparable homes to 41 Tower Hill Drive.
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