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Hingham 02043
7 Bates Way
Photo of 7 Bates Way
Sold on Aug 14, 2009

1

Map

$850,000
● House - Off Market

7 Bates Way

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,480 Ft²
$1,800,098
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Outstanding! Premier downtown location- Boasts of yesteryear's charm at its best. All updated systems include central air-conditioning 2 zones, a "Faneuil" design kitchen,  Buderus Hydro heating system/2005; roof/2002;  Icenine, blown-in insulation by Anderson and second-floor laundry. Many original moldings, antique leaded glass sidelights, two 196 sq. ft. screened porches and a rear brick patio complete this beauty.  A wonderful place to call home!
Unit Size
2,480 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$353
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1880

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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: 5 months ago (MLSPIN #70871680)

Price History

Date / Event Date Event Price
Aug 13, 2009 Sold
Premium
Sold
Feb 4, 2009 Listed $875,000
Listed
Sep 14, 2001 Sold
Premium
Sold
Jul 12, 2001 Listed $524,900
Listed
HANDSOME FEDERALIST,10 ROOM 2 FAM. SET BACK ON PRIVATE WAY, ADJOINING HING.SQUARE.PERIOD DETAIL,4 WORKING FPS,GOOD STORAGE,LG.SCREED PORCHES,GARAGES,SEP.UTILITIES,ZONED HEAT. WALK TO SHOPPING, HARBOR & PUBLIC TRANSPORTATION.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 500
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,887
  • Total Building Area: 3,120
  • Gross Building Area: 5,298
  • Building Area: 3,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HINGHAM
  • Land Acres: 0000000479
  • 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: 1310610000001770
  • Parcel: HING M:61 B:0 L:177
  • Lot: 177
  • Municipality: HINGHAM
  • Latitude: 42.2404
  • Longitude: -70.8916

    Address

  • Full Address: 7 Bates Way
  • Address - House Number: 7
  • Address - Street Name: Bates
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Hingham
  • Carrier Code: C011
  • 4-Digit Zip Code: 2441
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,157,800

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,768,408
  • High Value: 2,174,438
  • Low Value: 1,362,377

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,157,800
  • Assessed Land Value: $458,600
  • Assessed Improvements Value: $699,200

    Sales

  • Current Sale Recording Date: Aug 13, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 21, 2008
  • 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

$601

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2507 ft²

Average Home Age

161.8 years

Currently For Sale

17 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70871680

Frequently Asked Questions

When was property at 7 Bates Way built and last sold?
The property at 7 Bates Way was built in 1880 and last sold on Jan 1, 1970 for $850,000.
How much is this home worth?
The estimated value of the home located at 7 Bates Way is $911,212.
What are some comparable homes to 7 Bates Way?
There are currently no comparable homes to 7 Bates Way.
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