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Hull 02045
49-A Massasoit Ave
$583,500
● Multifamily - Off Market

49-A Massasoit Ave

Hull, MA 02045
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1,880 Ft²
$591,273
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to Hull. This must see, very rare two family property is perfect for owner occupied or investors. Just minutes walk to Nantasket beach. Second floor is a 3 bedrooms with large closets, newly renovated with a brand new kitchen, brand new appliances, stove, refrigerator, microwave,  and more. Freshly painted and refinished hardwood floor throughout. Well-lighted living space, eat-in kitchen, huge fenced yard, off-street parking. First floor is currently rented for $2000 a month with 3 bedrooms and 1 bathroom to longtime tenants. Electrical was updated for both first and second floor in 2021. A new third public electric meter was added.  Lead Paint Compliance Report on files. Did I mentioned it's only a few minutes walk to the nicest beach.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$303
Property Type
Multifamily
Property Taxes
$439
HOA Dues
-
Year Built
1952

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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 #72942690)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Feb 15, 2022 Listed by Keller Williams Realty $569,000
Listed by Keller Williams Realty
Nov 8, 2021 Sold
Premium
Sold
Sep 23, 2016 Sold
Premium
Sold
Mar 7, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,100
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 4,326
  • Total Building Area: 1,870
  • Gross Building Area: 2,395
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hull School District
  • School Tax School District: HULL SD
  • Census Tract: 500104

Zoning

  • Zoning: MFA

Geography

  • Account Number: 25-073
  • District: 142
  • Parcel: HULL M:00025 P:00073
  • Municipality: HULL
  • Latitude: 42.2831
  • Longitude: -70.8731

    Address

  • Full Address: 49 Massasoit Ave
  • Address - House Number: 49
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hull
  • Carrier Code: C007
  • 4-Digit Zip Code: 2537
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,700

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 583,650
  • High Value: 631,384
  • Low Value: 535,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,900
  • Assessed Land Value: $218,000
  • Assessed Improvements Value: $295,900

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126757
  • Previous Sale Recording Date: Sep 23, 2016
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: O
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 Hull

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$469

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2125 ft²

Average Home Age

60.4 years

Currently For Sale

53 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# 72942690

Frequently Asked Questions

When was property at 49 Massasoit Avenue built and last sold?
The property at 49 Massasoit Avenue was built in 1952 and last sold on Nov 8, 2021 for $529,000.
How much is this home worth?
The estimated value of the home located at 49 Massasoit Avenue is $557,600.
What are some comparable homes to 49 Massasoit Avenue?
There are currently no comparable homes to 49 Massasoit Avenue.
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