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Plymouth 02043
490 Cushing St
$572,000
● House - Off Market

490 Cushing St

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$783,216
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

You will love this oversized cape just minutes from the highway.  This 3 bedroom, 1 1/2 bath cape was built in 1960 and has been meticulously maintained by the same family since then.  Brand new 3 bedroom septic, new electrical service, and new oil burner.  Not only have these big ticket items been completed but the bathrooms and kitchen have also recently been refreshed.   Kitchen is large enough for an eat in area or island.  Living room includes a warm and inviting fireplace.  Stunning hardwood floors throughout.  There is an additional fireplace in the basement.  Home is situated on .8 acres with a new porch and an existing patio area.   Plenty of room in the back yard to spread out on the newly seeded grass or to expand.   You won't find a home built like this anymore, especially at this price in town.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$351
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1960

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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 #72666862)

Price History

Date / Event Date Event Price
Aug 19, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Keller Williams Realty $589,999
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 2
  • Basement Area: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,938
  • Total Building Area: 1,680
  • Gross Building Area: 3,004
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000802
  • 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: 501204

Geography

  • Account Number: 1311950000000200
  • Parcel: HING M:195 B:0 L:20
  • Lot: 20
  • Municipality: HINGHAM
  • Latitude: 42.1817
  • Longitude: -70.904

    Address

  • Full Address: 490 Cushing St
  • Address - House Number: 490
  • Address - Street Name: Cushing
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C014
  • 4-Digit Zip Code: 3702
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $645,900

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 796,802
  • High Value: 943,831
  • Low Value: 649,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,900
  • Assessed Land Value: $312,700
  • Assessed Improvements Value: $333,200

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75305
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:

$655,500

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2335 ft²

Average Home Age

51.2 years

Currently For Sale

1232 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# 72666862

Frequently Asked Questions

When was property at 490 Cushing Street built and last sold?
The property at 490 Cushing Street was built in 1960 and last sold on Aug 19, 2020 for $572,000.
How much is this home worth?
The estimated value of the home located at 490 Cushing Street is $597,414.
What are some comparable homes to 490 Cushing Street?
There are currently no comparable homes to 490 Cushing Street.
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