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Plymouth 02043
48 Otis Hill Rd
$1,254,500
● House - Off Market

48 Otis Hill Rd

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,983 Ft²
$2,413,297
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Beautiful Otis Hill... magnificent views of Hingham Harbor and beyond.  This home has been lovingly maintained, updates include new SS appliances, new soap stone     center island in kit.  New deck off master bedroom, new heat in pool, c/a, newly refinished LL and freshly painted exterior.  The gorgeous master suite has radiant heat throughout. Too many amenities to mention. Entertain from the kit.deck while enjoying the views . Deeded beach rights.
Unit Size
2,983 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$422
Property Type
House
Property Taxes
$966
HOA Dues
-
Year Built
1938

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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 #71490076)

Price History

Date / Event Date Event Price
Jun 26, 2013 Sold
Premium
Sold
Mar 6, 2013 Listed by William Raveis R.E. & Home Services $1,259,000
Listed by William Raveis R.E. & Home Services
Apr 28, 2009 Sold
Premium
Sold
Feb 16, 2009 Listed by William Raveis R.E. & Home Services $1,275,000
Listed by William Raveis R.E. & Home Services
Mar 15, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 252
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,016
  • Total Building Area: 2,716
  • Gross Building Area: 6,227
  • Building Area: 2,716
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,716
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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: 501102

Geography

  • Account Number: 1310270000000920
  • Parcel: HING M:27 B:0 L:92
  • Lot: 92
  • Municipality: HINGHAM
  • Latitude: 42.2535
  • Longitude: -70.8954

    Address

  • Full Address: 48 Otis Hill Rd
  • Address - House Number: 48
  • Address - Street Name: Otis Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hingham
  • Carrier Code: C005
  • 4-Digit Zip Code: 4510
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,647,200

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 2,027,659
  • High Value: 2,401,579
  • Low Value: 1,653,739

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,647,200
  • Assessed Land Value: $1,021,000
  • Assessed Improvements Value: $626,200

    Sales

  • Current Sale Recording Date: Jun 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Apr 28, 2009
  • Previous Sale Amount: $1,155,000
  • 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:

$650,000

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2349 ft²

Average Home Age

49.8 years

Currently For Sale

1191 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71490076

Frequently Asked Questions

When was property at 48 Otis Hill Road built and last sold?
The property at 48 Otis Hill Road was built in 1938 and last sold on Jan 1, 1970 for $1,254,500.
How much is this home worth?
The estimated value of the home located at 48 Otis Hill Road is $1,265,114.
What are some comparable homes to 48 Otis Hill Road?
There are currently no comparable homes to 48 Otis Hill Road.
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