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Plymouth
56 Pine Island Rd
$450,000
● House - Off Market

56 Pine Island Rd

Hanover, MA 02339
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,760 Ft²
$850,277
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

At the end of a cul-de-sac, in a great town, with an inground pool. Who could ask for anything more!! Your family will have many happy years in this seven room colonial, with brand new stainless dishwasher and range. New gas boiler in 2014 as well as upgrade to 200 amp electric. Granite counters, hardwood and tile flooring, roof on house replaced 7 years ago. This home is a must see!!!
Unit Size
1,760 Ft²
Days on Market
-
Land Size
2.17 acres
Price per sqft
$266
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1977

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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 #71682223)

Price History

Date / Event Date Event Price
Jul 21, 2014 Sold
Premium
Sold
May 15, 2014 Listed by William Raveis R.E. & Home Services $469,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 7
  • Basement Area: 992
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 94,525
  • Total Building Area: 1,760
  • Gross Building Area: 4,200
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Whitman-Hanson School District
  • Census Tract: 503101

Geography

  • Account Number: 1010
  • Parcel: HANO M:44 L:130
  • Lot: 130
  • Municipality: HANOVER
  • Latitude: 42.1181
  • Longitude: -70.8732

    Address

  • Full Address: 56 Pine Island Rd
  • Address - House Number: 56
  • Address - Street Name: Pine Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hanover
  • Carrier Code: C007
  • 4-Digit Zip Code: 1812
  • Zip Code: 02339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829,500

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 822,601
  • High Value: 957,987
  • Low Value: 687,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,900
  • Assessed Land Value: $263,400
  • Assessed Improvements Value: $351,500

    Sales

  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50495
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71682223

Frequently Asked Questions

When was property at 56 Pine Island Road built and last sold?
The property at 56 Pine Island Road was built in 1977 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 56 Pine Island Road is $482,856.
What are some comparable homes to 56 Pine Island Road?
There are currently no comparable homes to 56 Pine Island Road.
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