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Hingham 02043
53 Beal St
$530,000
● House - Off Market

53 Beal St

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,261 Ft²
$731,217
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Charming Farmhouse located with in WALKING distance to the Hingham Shipyard and Downtown Hingham! The first floor features a SUNNY and BRIGHT Living Room with many period details, a lovely eat in Kitchen, and a Formal Dining Room .The second floor offers 3 Generous sized Bedrooms and a 1/2 Bath. The home has many recent updates including: a new heating system, hot water tank and roof. Enjoy sitting on the beautiful front porch with the newly fenced in yard and being able to walk everywhere! Great Condo alternative or get into Hingham House!
Unit Size
1,261 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$424
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1910

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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 #72649342)

Price History

Date / Event Date Event Price
Jun 30, 2020 Sold
Premium
Sold
Apr 30, 2020 Listed by Coldwell Banker Residential Brokerage - Hingham $535,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Nov 25, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 664
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,280
  • Total Building Area: 1,261
  • Gross Building Area: 2,442
  • Building Area: 1,261
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,261
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 1310590000000150
  • Parcel: HING M:59 B:0 L:15
  • Lot: 15
  • Municipality: HINGHAM
  • Latitude: 42.2417
  • Longitude: -70.9083

    Address

  • Full Address: 53 Beal St
  • Address - House Number: 53
  • Address - Street Name: Beal
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C026
  • 4-Digit Zip Code: 2116
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,200

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 768,653
  • High Value: 910,611
  • Low Value: 626,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,200
  • Assessed Land Value: $388,200
  • Assessed Improvements Value: $206,000

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56174
  • Previous Sale Recording Date: Nov 25, 1994
  • Previous Sale Amount: $170,000
  • 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

$601

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2507 ft²

Average Home Age

161.8 years

Currently For Sale

17 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# 72649342

Frequently Asked Questions

When was property at 53 Beal Street built and last sold?
The property at 53 Beal Street was built in 1910 and last sold on Jun 15, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 53 Beal Street is $550,622.
What are some comparable homes to 53 Beal Street?
There are currently no comparable homes to 53 Beal Street.
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