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Hingham 02043
55 Hersey Street
$458,000
● House - Off Market

55 Hersey Street

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,503 Ft²
$950,100
RealtyHop Estimate
106.59%
Since Aug 1, 2003
MA-Boston
Primary Model

About This Property

ADORABLE FARM HOUSE WITH PRIVATE BACK YARD.  WALK TO SQUARE CLOSE TO ELM ST.  ATRIUM FROM KITCHEN TO BACK DECK.  DINING ROOM NOW BEING USED AS FAM ROOM (HAS CHINA CABINET)  SECOND FLR. GREAT POSSIBILITY FOR EXPANSION.  TOWN SEWER.
Unit Size
1,503 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$306
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #30711828)

Price History

Date / Event Date Event Price
Jul 15, 2003 Sold
Premium
Sold
Apr 21, 2003 Listed by William Raveis R.E. & Home Services $459,900
Listed by William Raveis R.E. & Home Services
Jul 18, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • 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: 9
  • Basement Area: 928
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,505
  • Total Building Area: 2,442
  • Gross Building Area: 2,912
  • Building Area: 2,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 1310700000000650
  • Parcel: HING M:70 B:0 L:65
  • Lot: 65
  • Municipality: HINGHAM
  • Latitude: 42.2377
  • Longitude: -70.8936

    Address

  • Full Address: 55 Hersey St
  • Address - House Number: 55
  • Address - Street Name: Hersey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C003
  • 4-Digit Zip Code: 4607
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $781,900

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,147,246
  • High Value: 1,410,656
  • Low Value: 883,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $781,900
  • Assessed Land Value: $462,000
  • Assessed Improvements Value: $319,900

    Sales

  • Current Sale Recording Date: Jul 15, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 18, 2000
  • Previous Sale Amount: $375,000
  • 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: 4 years ago
Data Source: MLS PIN, MLS# 30711828

Frequently Asked Questions

When was property at 55 Hersey Street built and last sold?
The property at 55 Hersey Street was built in 1890 and last sold on Jan 1, 1970 for $458,000.
How much is this home worth?
The estimated value of the home located at 55 Hersey Street is $485,560.
What are some comparable homes to 55 Hersey Street?
There are currently no comparable homes to 55 Hersey Street.
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