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Hingham 02043
506 Main Street
$830,000
● House - Off Market

506 Main Street

Hingham, MA 02043
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,800 Ft²
$1,814,810
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model

About This Property

GRACIOUS ANTIQUE ON HISTORIC MAIN STREET NEW FAMILY ROOM AND MASTER SUITE ADITION WITH WIDE PINE THROUGHOUT. BEAUTIFUL GROUNDS WITH PERENNIAL GARD. AND 2 ST. BARN
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$310
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1830

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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 #30661107)

Price History

Date / Event Date Event Price
May 2, 2003 Sold
Premium
Sold
Oct 23, 2002 Listed by Home Center Real Estate $869,000
Listed by Home Center Real Estate
Feb 14, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 27
  • 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: 954
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,963
  • Total Building Area: 2,672
  • Gross Building Area: 4,400
  • Building Area: 2,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,672
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000573
  • 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: 501201

Geography

  • Account Number: 1310990000000930
  • Parcel: HING M:99 B:0 L:93
  • Lot: 93
  • Municipality: HINGHAM
  • Latitude: 42.2226
  • Longitude: -70.8858

    Address

  • Full Address: 506 Main St
  • Address - House Number: 506
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C023
  • 4-Digit Zip Code: 4706
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,058,100

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,652,259
  • High Value: 2,031,621
  • Low Value: 1,272,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,058,100
  • Assessed Land Value: $495,200
  • Assessed Improvements Value: $562,900

    Sales

  • Current Sale Recording Date: May 02, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 14, 1994
  • Previous Sale Amount: $266,000
  • 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 Hingham

Stats & Trends

Median Asking:

$1,524,000

Sale Price/ft²

$614

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2526 ft²

Average Home Age

174 years

Currently For Sale

15 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# 30661107

Frequently Asked Questions

When was property at 506 Main Street built and last sold?
The property at 506 Main Street was built in 1830 and last sold on Jan 1, 1970 for $830,000.
How much is this home worth?
The estimated value of the home located at 506 Main Street is $905,159.
What are some comparable homes to 506 Main Street?
There are currently no comparable homes to 506 Main Street.
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