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Plymouth 02043
7 Michael Rd
$800,000
● House - Off Market

7 Michael Rd

Hingham, MA 02043
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$744,581
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Attractive Raised Ranch in a lovely Hingham neighborhood. Well maintained house by present owners - list attached. Beautiful level yard on almost half an acre. Hardwood floors throughout main level, gas (propane) fireplace in family room and wood stove in LL bonus room. Large main level family room also has cathedral ceiling with skylights, bow window and access to the wood deck. This South Hingham property is less than 2 miles to Derby Street shopping and Rt 3 to Boston and Cape Cod. Commuter train and commuter boat are approximately 4 miles north. Any offers due Tuesday at noon.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$375
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1962

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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 #73136656)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 19, 2023 In contract -
In contract
Jul 14, 2023 Listed by Coldwell Banker Realty - Hull $750,000
Listed by Coldwell Banker Realty - Hull
Nov 14, 2013 Sold
Premium
Sold
Jul 18, 2013 Listed by Coldwell Banker Realty - Hull $529,900
Listed by Coldwell Banker Realty - Hull

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 968
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,220
  • Gross Building Area: 3,045
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 501204

Geography

  • Account Number: 1311910000000190
  • Parcel: HING M:191 B:0 L:19
  • Lot: 19
  • Municipality: HINGHAM
  • Latitude: 42.1864
  • Longitude: -70.8746

    Address

  • Full Address: 7 Michael Rd
  • Address - House Number: 7
  • Address - Street Name: Michael
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Hingham
  • Carrier Code: C018
  • 4-Digit Zip Code: 3919
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $718,300

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 838,938
  • High Value: 993,510
  • Low Value: 684,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $718,300
  • Assessed Land Value: $456,000
  • Assessed Improvements Value: $262,300

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53079
  • Previous Sale Recording Date: Nov 14, 2013
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: O
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:

$652,450

Sale Price/ft²

$370

Above Asking

0.17%

Average Days on Market

58

Average Home Size

2331 ft²

Average Home Age

49.8 years

Currently For Sale

1164 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# 73136656

Frequently Asked Questions

When was property at 7 Michael Road built and last sold?
The property at 7 Michael Road was built in 1962 and last sold on Aug 18, 2023 for $800,000.
How much is this home worth?
The estimated value of the home located at 7 Michael Road is $751,557.
What are some comparable homes to 7 Michael Road?
There are currently no comparable homes to 7 Michael Road.
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