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Hanson 02341
568 Gorwin Drive
$355,000
● House - Off Market

568 Gorwin Drive

Hanson, MA 02341
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,502 Ft²
$634,506
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

A Rare find in a well established sought after neighborhood.  A Little tender loving care will bring this home back to its former Glory.  Once your own ideas and special touches are refined, it would create a wonderful Family home for entertaining. Build your own equity on this classic home.  Large Kitchen with a sink & bar area for serving.  Spacious Family room graced with wood stove and sliders to a deck.  Living room hosts a Fireplace & Hardwood Flooring.  Formal Dining area could also make space for computer room needs.  In-Law addition is located on 1st level boasting Bedroom, Kitchen Space and Living room.  2 car attached Garage establishes a complete space for family needs.  Close to   T-Station and Shopping.
Unit Size
2,502 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$160
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1972

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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 #72198137)

Price History

Date / Event Date Event Price
Nov 9, 2017 Sold
Premium
Sold
Jul 14, 2017 Listed by Compass Realty Brokerage Services, LLC $400,000
Listed by Compass Realty Brokerage Services, LLC
Jan 28, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 2,502
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hanover School District
  • Census Tract: 522101

Zoning

  • Zoning: 100

Geography

  • Account Number: 3634
  • Parcel: HANS M:97 B:0 P:123
  • Municipality: HANSON
  • Latitude: 42.0775
  • Longitude: -70.8536

    Address

  • Full Address: 568 Gorwin Dr
  • Address - House Number: 568
  • Address - Street Name: Gorwin
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hanson
  • Carrier Code: R001
  • 4-Digit Zip Code: 1362
  • Zip Code: 02341

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $861,900

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 724,474
  • High Value: 847,876
  • Low Value: 601,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,200
  • Assessed Land Value: $185,800
  • Assessed Improvements Value: $458,400

    Sales

  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98991
  • Previous Sale Recording Date: Jan 28, 1999
  • Previous Sale Amount: $130,000
  • 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 Hanson

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1728 ft²

Average Home Age

61 years

Currently For Sale

1 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# 72198137

Frequently Asked Questions

When was property at 568 Gorwin Drive built and last sold?
The property at 568 Gorwin Drive was built in 1972 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 568 Gorwin Drive is $401,089.
What are some comparable homes to 568 Gorwin Drive?
There are currently no comparable homes to 568 Gorwin Drive.
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