55 North Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2007 | Sold | ||
| Sold | |||
| Mar 6, 2006 | Listed by William Raveis R.E. & Home Services | $469,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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MOTIVATED SELLER! THIS HOUSE IS PRICED TO SELL!!! This charming home is ideally located in downtown Hingham. A short stroll to shops, restaurants, harbor and transportation. It is open, bright and a pleasure to show! The "Beacon Hill" style courtyard offers privacy and the house sits high on the hill. This is truly a unique opportunity and would be ideal as a condo alternative and could be used for an office as well. This home is zoned for both for residential and commercial use.
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| Oct 1, 2002 | Sold | ||
| Sold | |||
| Aug 15, 2002 | Listed | $429,900 | |
| Listed | |||
| Jun 22, 1998 | Sold | ||
| Sold | |||
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