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Hanson 02341
7 West Street
$153,000
● House - Off Market

7 West Street

Hanson, MA 02341
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,047 Ft²
$242,370
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

A great investment, this home is located near Oldham Pond and has had some recent repairs including a BRAND NEW septic system, newer roof, updated electrical, some new windows, new water heater, freshly painted kitchen, and still requires some finishing touches. a great possibility for those buyers looking to build some sweat equity, ( home can be lived in right away) someone looking to downsize. or even an investor looking for a rental property/ builder.  Easy to show!
Unit Size
1,047 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$143
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72137277)

Price History

Date / Event Date Event Price
Mar 31, 2021 Sold
Premium
Sold
Aug 10, 2020 Sold
Premium
Sold
Jan 27, 2020 Listed by Options 153, Mullen & Partners $165,000
Listed by Options 153, Mullen & Partners
May 22, 2017 Sold
Premium
Sold
Mar 15, 2017 Listed by Options 153, Mullen & Partners $150,000
Listed by Options 153, Mullen & Partners
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,400
  • Total Building Area: 947
  • Building Area: 947
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 947
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Abington School District
  • Census Tract: 522101

Zoning

  • Zoning: 100

Geography

  • Account Number: 3247
  • Parcel: HANS M:69 B:0 P:38
  • Municipality: HANSON
  • Latitude: 42.064
  • Longitude: -70.8423

    Address

  • Full Address: 7 West St
  • Address - House Number: 7
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hanson
  • Carrier Code: R005
  • 4-Digit Zip Code: 1425
  • Zip Code: 02341

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $331,700

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 317,624
  • High Value: 382,131
  • Low Value: 253,116

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $247,900
  • Assessed Land Value: $154,700
  • Assessed Improvements Value: $93,200

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71269
  • Previous Sale Recording Date: May 22, 2017
  • Previous Sale Amount: $153,000
  • 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 Hanson

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1737 ft²

Average Home Age

58 years

Currently For Sale

2 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: 5 months ago
Data Source: MLS PIN, MLS# 72137277

Frequently Asked Questions

When was property at 7 West Street built and last sold?
The property at 7 West Street was built in 1920 and last sold on Aug 5, 2020 for $165,000.
How much is this home worth?
The estimated value of the home located at 7 West Street is $165,664.
What are some comparable homes to 7 West Street?
There are currently no comparable homes to 7 West Street.
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