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Hull 02045
7 Belmont Street
$255,000
● House - Off Market

7 Belmont Street

Hull, MA 02045
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,125 Ft²
$350,540
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

This is a Fannie Mae HomePath Property.  Please contact listing agent for more information.  Limitless potential for this cute 2 bedroom 1 bath bayside home close to the water.  Nice sized living room and eat-in-kitchen.  Two levels of living space with 2 bedrooms on second floor. Excellent location close to center of town and Nantasket Beach!  Level back yard that is perfect size for the home.
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$218
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #72538136)

Price History

Date / Event Date Event Price
Sep 30, 2019 Sold
Premium
Sold
Jul 22, 2019 Listed by Century 21 Mario Real Estate $245,000
Listed by Century 21 Mario Real Estate
Sep 18, 2018 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 750
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,598
  • Total Building Area: 1,125
  • Gross Building Area: 2,382
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hull School District
  • School Tax School District: HULL SD
  • Census Tract: 500104

Zoning

  • Zoning: SFB

Geography

  • Account Number: 26-090
  • District: 142
  • Parcel: HULL M:00026 P:00090
  • Municipality: HULL
  • Latitude: 42.28
  • Longitude: -70.8743

    Address

  • Full Address: 7 Belmont St
  • Address - House Number: 7
  • Address - Street Name: Belmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hull
  • Carrier Code: C008
  • 4-Digit Zip Code: 2403
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $355,100

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 383,143
  • High Value: 456,837
  • Low Value: 309,450

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $304,800
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $120,700

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 81179
  • Previous Sale Recording Date: Sep 18, 2018
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 34
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 Hull

Stats & Trends

Median Asking:

$772,000

Sale Price/ft²

$472

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1868 ft²

Average Home Age

63.1 years

Currently For Sale

53 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: 6 months ago
Data Source: MLS PIN, MLS# 72538136

Frequently Asked Questions

When was property at 7 Belmont Street built and last sold?
The property at 7 Belmont Street was built in 1950 and last sold on Sep 25, 2019 for $255,000.
How much is this home worth?
The estimated value of the home located at 7 Belmont Street is $261,178.
What are some comparable homes to 7 Belmont Street?
There are currently no comparable homes to 7 Belmont Street.
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