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Plymouth 02043
61 Summer St
$2,050,000
● House - Off Market

61 Summer St

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
4 Baths
square feet
3,339 Ft²
$2,834,977
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Gracious and Timeless Colonial OVERLOOKING Hingham Harbor with in a short stroll to Downtown Hingham! This EXQUISITE home features a Grand Entrance details thru out, a SUNNY and BRIGHT Chefs Kitchen w/lots of space for entertaining, a magnificent Formal Living Room w/ a fire place and VIEWS of the water, a 1st Floor Guest Room w/Full Bath, an Elegant Dining Room and a study/home office. The second floor features a Master Suite w/ a full Bath and a Fire place and two additional Bedrooms w/ a Jack and Jill Bathroom. The home offers a 5 Bedroom Septic and 3rd floor expansion opportunities.Enjoy relaxing in the Sun Room or on the front patio and watching the boats go by!  This stunning home is located in an ESTATE like setting w/ expansive grounds with in WALKING  distance to:the Commuter train to Boston and the beach.
Unit Size
3,339 Ft²
Days on Market
-
Land Size
2.80 acres
Price per sqft
$659
Property Type
House
Property Taxes
$1,747
HOA Dues
-
Year Built
1954

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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 #72612348)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Jan 27, 2020 Listed by Coldwell Banker Realty - Hingham $2,199,000
Listed by Coldwell Banker Realty - Hingham
Jan 3, 1997 Sold
Premium
Sold
Jun 27, 1996 Listed by Coldwell Banker Realty - Hingham $650,000
Listed by Coldwell Banker Realty - Hingham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,240
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 121,893
  • Total Building Area: 3,622
  • Gross Building Area: 6,382
  • Building Area: 3,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,622
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002798
  • 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: 501101

Geography

  • Account Number: 1310510000000360
  • Parcel: HING M:51 B:0 L:36
  • Lot: 36
  • Municipality: HINGHAM
  • Latitude: 42.2465
  • Longitude: -70.8789

    Address

  • Full Address: 61 Summer St
  • Address - House Number: 61
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C015
  • 4-Digit Zip Code: 1963
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,278,100

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,802,909
  • High Value: 3,279,703
  • Low Value: 2,326,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,278,100
  • Assessed Land Value: $1,412,700
  • Assessed Improvements Value: $865,400

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101369
  • Previous Sale Recording Date: Jan 03, 1997
  • Previous Sale Amount: $600,000
  • 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 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# 72612348

Frequently Asked Questions

When was property at 61 Summer Street built and last sold?
The property at 61 Summer Street was built in 1954 and last sold on Oct 16, 2020 for $2,050,000.
How much is this home worth?
The estimated value of the home located at 61 Summer Street is $2,144,568.
What are some comparable homes to 61 Summer Street?
There are currently no comparable homes to 61 Summer Street.
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