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Hingham 02043
6 New Towne Dr
$835,000
● House - Off Market

6 New Towne Dr

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,202 Ft²
$1,259,009
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Wow! What a price for one of the most COVETED Walk to Town Neighborhoods in Hingham. This lovely home offers lots of expansion opportunities...a very flexible floor with an updated Kitchen, a Beautiful Family Room over looking the EXPANSIVE back yard, a large Dining Room,  a spacious Formal Living Room with lots of natural light and 2 generous sized Bedrooms. The finished lower level has an office/in law suite w/a 3rd bedroom and a full bath.  The unfinished second level offers a perfect future expansion opportunity.A beautiful enclosed porch lines the side of the house making you feel like you are in the midst of a vacation spot in Vermont, except, you are nestled in a cul de sac within walking distance to: Commuter train to Boston, elementary school and the South Shore Country Club.
Unit Size
2,202 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$386
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
1986

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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 #72267995)

Price History

Date / Event Date Event Price
May 11, 2018 Sold
Premium
Sold
Jan 4, 2018 Listed by Coldwell Banker Residential Brokerage - Hingham $849,000
Listed by Coldwell Banker Residential Brokerage - Hingham
Feb 27, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 2,202
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,855
  • Total Building Area: 4,021
  • Gross Building Area: 6,684
  • Building Area: 4,021
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,021
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000777
  • 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: 1310790000000240
  • Parcel: HING M:79 B:0 L:24
  • Lot: 24
  • Municipality: HINGHAM
  • Latitude: 42.2355
  • Longitude: -70.8949

    Address

  • Full Address: 6 New Towne Dr
  • Address - House Number: 6
  • Address - Street Name: New Towne
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Hingham
  • Carrier Code: C003
  • 4-Digit Zip Code: 2459
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,245,500

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,461,519
  • High Value: 1,703,417
  • Low Value: 1,219,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,245,500
  • Assessed Land Value: $622,600
  • Assessed Improvements Value: $622,900

    Sales

  • Current Sale Recording Date: May 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35399
  • Previous Sale Recording Date: Feb 27, 2006
  • Previous Sale Amount: $327,500
  • 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:

$1,524,000

Sale Price/ft²

$614

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2526 ft²

Average Home Age

174 years

Currently For Sale

15 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# 72267995

Frequently Asked Questions

When was property at 6 New Towne Drive built and last sold?
The property at 6 New Towne Drive was built in 1986 and last sold on Jan 1, 1970 for $835,000.
How much is this home worth?
The estimated value of the home located at 6 New Towne Drive is $879,749.
What are some comparable homes to 6 New Towne Drive?
There are currently no comparable homes to 6 New Towne Drive.
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