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Hingham 02043
508 Main St
$750,000
● House - Off Market

508 Main St

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,246 Ft²
$1,090,918
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

This picture perfect center chimney antique cape will amaze you with its high ceilings and spacious rooms! Charming and sunny with many period details throughout including wide pine floors, original fireplaces and paneling. Flexible floor plan on the first floor with an eat in kitchen and 4 other nice sized rooms to use as you wish. Upstairs there are 2 bedrooms, both with cathedral ceilings and a pretty marble bath and opportunity to expand over the kitchen in the attic space to create a master suite.  Lovely screened in porch to enjoy the beautiful back yard with brick patio surrounded by stone walls. The back lawn is large, level and completely fenced. Finished lower level, not common in antique homes. Fabulous center Hingham location that abuts a family neighborhood. New septic, furnace and hot water tank!
Unit Size
2,246 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$352
Property Type
House
Property Taxes
$722
HOA Dues
-
Year Built
1800

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72623758)

Price History

Date / Event Date Event Price
May 1, 2020 Sold
Premium
Sold
Feb 25, 2020 Listed by Coldwell Banker Residential Brokerage - Hingham $790,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Apr 27, 1990 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,036
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,570
  • Total Building Area: 1,946
  • Gross Building Area: 4,110
  • Building Area: 1,946
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000403
  • 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: 1311080000000660
  • Parcel: HING M:108 B:0 L:66
  • Lot: 66
  • Municipality: HINGHAM
  • Latitude: 42.2223
  • Longitude: -70.8859

    Address

  • Full Address: 508 Main St
  • Address - House Number: 508
  • 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: $918,300

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,090,049
  • High Value: 1,340,326
  • Low Value: 839,771

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $918,300
  • Assessed Land Value: $474,200
  • Assessed Improvements Value: $444,100

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36758
  • Previous Sale Recording Date: Apr 27, 1990
  • Previous Sale Amount: $255,000
  • 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:

$1,499,000

Sale Price/ft²

$624

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2652 ft²

Average Home Age

179.3 years

Currently For Sale

16 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: 5 months ago
Data Source: MLS PIN, MLS# 72623758

Frequently Asked Questions

When was property at 508 Main Street built and last sold?
The property at 508 Main Street was built in 1800 and last sold on Apr 6, 2020 for $750,000.
How much is this home worth?
The estimated value of the home located at 508 Main Street is $821,842.
What are some comparable homes to 508 Main Street?
There are currently no comparable homes to 508 Main Street.
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