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Hingham 02043
7 Downing Street
$589,900
● House - Off Market

7 Downing Street

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$1,074,575
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Circa 1930 this classic cape is located in one of Hingham's most desirable neighborhoods, ideally situated near soccer fields, Hingham Centre shops, playground and library, the ultimate in convenient living. Numerous expanded homes with front and rear play yards line this picturesque dead end street.  Some of the special features  include natural gas for heating and cooking, a light and bright three season porch, wood floors, level yard, brick patio and garden shed.
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$414
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1938

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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 #71754817)

Price History

Date / Event Date Event Price
Dec 17, 2014 Sold
Premium
Sold
Oct 9, 2014 Listed by Hammond Residential $589,900
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 120
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,795
  • Total Building Area: 1,426
  • Gross Building Area: 2,754
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • 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: 501201

Geography

  • Account Number: 1310900000000980
  • Parcel: HING M:90 B:0 L:98
  • Lot: 98
  • Municipality: HINGHAM
  • Latitude: 42.2283
  • Longitude: -70.8798

    Address

  • Full Address: 7 Downing St
  • Address - House Number: 7
  • Address - Street Name: Downing
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hingham
  • Carrier Code: C023
  • 4-Digit Zip Code: 2816
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $935,200

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,229,958
  • High Value: 1,433,530
  • Low Value: 1,026,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $935,200
  • Assessed Land Value: $657,600
  • Assessed Improvements Value: $277,600

    Sales

  • Current Sale Recording Date: Dec 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94092
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

2613 ft²

Average Home Age

211.6 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 71754817

Frequently Asked Questions

When was property at 7 Downing Street built and last sold?
The property at 7 Downing Street was built in 1938 and last sold on Jan 1, 1970 for $589,900.
How much is this home worth?
The estimated value of the home located at 7 Downing Street is $611,399.
What are some comparable homes to 7 Downing Street?
There are currently no comparable homes to 7 Downing Street.
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