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Plymouth
424 Main St
$575,000
● House - Off Market

424 Main St

Hanover, MA 02339
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$623,383
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Here is your chance to live on the much desired Main Street in Hanover. This spacious Cape has been lovingly maintained and owned by its original owners since built in 1965.   Set back off the road this home sits on a flat level 1.8 acre lot and is to be sold with an additional 1.91 acre adjacent lot.  First floor offers spacious Kitchen with tile floors, dining room, living room with beautiful stone fireplace, office, additional room, (currently being used as third bedroom), all with hardwood floors.  A rustic sunroom with wood burning stove and a full bath.  Second floor offers master bedroom with en suite vanity and Shower, a second large bedroom both with wall to wall carpet and a full bath.  This home is convenient to highways, shopping, schools and so much more and is ready and waiting for its new owners.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$320
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1965

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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 #72921654)

Price History

Date / Event Date Event Price
Mar 15, 2022 Sold
Premium
Sold
Nov 18, 2021 Listed by Coldwell Banker Realty - Norwell $599,900
Listed by Coldwell Banker Realty - Norwell

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 1,872
  • Gross Building Area: 3,362
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • 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:36 L:029
  • Lot: 29
  • Municipality: HANOVER
  • Latitude: 42.1268
  • Longitude: -70.8581

    Address

  • Full Address: 424 Main St
  • Address - House Number: 424
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hanover
  • Carrier Code: C013
  • 4-Digit Zip Code: 1938
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $806,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $597,700
  • Assessed Land Value: $311,500
  • Assessed Improvements Value: $286,200

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 829392
  • Previous Sale Recording Date: Jul 19, 2018
  • Previous Sale Contract Date: Jul 11, 2018
  • 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:

$652,450

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2330 ft²

Average Home Age

50.1 years

Currently For Sale

1162 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# 72921654

Frequently Asked Questions

When was property at 424 Main Street built and last sold?
The property at 424 Main Street was built in 1965 and last sold on Mar 14, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 424 Main Street is $609,781.
What are some comparable homes to 424 Main Street?
There are currently no comparable homes to 424 Main Street.
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