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Plymouth
55 Spring St
$525,000
● House - Off Market

55 Spring St

Hanover, MA 02339
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,919 Ft²
$564,389
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Come see this lovely home that was added to and remodeled in 2008 by the previous owner. Great 1 floor living that is much more spacious than meets the eye. Enclosed front porch across the front. Nice level white fenced yard with gate that goes out to the side street Sheila Way. Short walk to churches, town center ,schools, library ,horse corrals. Country in the middle of town.Shopping , restaurants parks and walking trails of all kinds is abundant as well as the new replacement for Hanover Mall due to open next year. Short ride to RT 3 north or south. Convenience and a great sense of community will make you happy to have chosen Hanover and this adorable home as yours.No showings until Open House Saturday and Sunday 12 to 2.
Unit Size
1,919 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$274
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1900

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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 #73056581)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Nov 16, 2022 In contract -
In contract
Nov 9, 2022 Listed by Barry Realty $524,900
Listed by Barry Realty
Jul 22, 2016 Sold
Premium
Sold
Aug 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 1,919
  • Gross Building Area: 2,778
  • Building Area: 1,919
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,919
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 503102

Geography

  • Account Number: 1010
  • Parcel: HANO M:55 L:018
  • Lot: 18
  • Municipality: HANOVER
  • Latitude: 42.1143
  • Longitude: -70.8397

    Address

  • Full Address: 55 Spring St
  • Address - House Number: 55
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hanover
  • Carrier Code: C008
  • 4-Digit Zip Code: 2724
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $590,500

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 569,976
  • High Value: 663,973
  • Low Value: 475,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,700
  • Assessed Land Value: $243,900
  • Assessed Improvements Value: $193,800

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97734
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: O
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 Plymouth

Stats & Trends

Median Asking:

$655,500

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2335 ft²

Average Home Age

51.2 years

Currently For Sale

1232 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73056581

Frequently Asked Questions

When was property at 55 Spring Street built and last sold?
The property at 55 Spring Street was built in 1900 and last sold on Dec 1, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 55 Spring Street is $541,907.
What are some comparable homes to 55 Spring Street?
There are currently no comparable homes to 55 Spring Street.
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