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Plymouth
423 Cedar Street
$390,000
● House - Off Market

423 Cedar Street

Hanover, MA 02339
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,301 Ft²
$582,767
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Over an acre in total with this magnificent natural setting; from the majestic stone wall that greets as you approach from Cedar Street, to the serenity of a back yard where one is enveloped with a feeling of peace and tranquility. Of course, in the midst of it all is an amazing opportunity for this home to be the centerpiece for new beginnings.    Watch the humming birds feed just outside the Bay Window in kitchen; nestled between main house, and garage.
Unit Size
1,301 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$337
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1905

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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 months ago (MLSPIN #72669260)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jun 7, 2020 Listed by NeighborWorks Real Estate $439,000
Listed by NeighborWorks Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • 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: 0
  • Building Style: 15
  • 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: 7
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 1,301
  • Gross Building Area: 2,630
  • Building Area: 1,301
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,301
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Abington School District
  • Census Tract: 503101

Geography

  • Account Number: 101
  • Parcel: HANO M:27 L:011
  • Lot: 11
  • Municipality: HANOVER
  • Latitude: 42.1298
  • Longitude: -70.8766

    Address

  • Full Address: 423 Cedar St
  • Address - House Number: 423
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hanover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1369
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,300

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 586,456
  • High Value: 687,210
  • Low Value: 485,702

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,300
  • Assessed Land Value: $255,500
  • Assessed Improvements Value: $208,800

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76095
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:

$655,000

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2328 ft²

Average Home Age

50.5 years

Currently For Sale

1176 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 months ago
Data Source: MLS PIN, MLS# 72669260

Frequently Asked Questions

When was property at 423 Cedar Street built and last sold?
The property at 423 Cedar Street was built in 1905 and last sold on Aug 20, 2020 for $390,000.
How much is this home worth?
The estimated value of the home located at 423 Cedar Street is $442,667.
What are some comparable homes to 423 Cedar Street?
There are currently no comparable homes to 423 Cedar Street.
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