$555,000
●
Commercial -
Off Market
72 Sharp St #9
Hingham, MA 02043
Studio
0 Bath
1,800 Ft²
$813,892
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model
About This Property
1800 SF office condo for sale in the Hingham Corporate Center.
This unit was completely refinished by the owner in early
2019 with no expense spared. New, wider windows have been
added, en-suite kitchenette features granite counter tops and
stainless steel appliances, and all lighting and systems have been
completely updated. Highly desirable Hingham location makes
the space perfect for an attorney, financial advisor, or
professional services group. Suite features 6 private
offices, a conference room, kitchenette, two bathrooms, and an open
reception/bullpen area. Easy ability to add a wheelchair
elevator in the common lobby to accommodate ADA use.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
Commercial
Property Taxes
$289
HOA Dues
-
Year Built
-
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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 #72519855)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2019 | Listed by Ellis Realty Advisors | $569,000 | |
| Listed by Ellis Realty Advisors | |||
| | |||
|
1800 SF office condo for sale in the Hingham Corporate Center. This unit was completely refinished by the owner in early 2019 with no expense spared. New, wider windows have been added, en-suite kitchenette features granite counter tops and stainless steel appliances, and all lighting and systems have been completely updated. Highly desirable Hingham location makes the space perfect for an attorney, financial advisor, or professional services group. Suite features 6 private offices, a conference room, kitchenette, two bathrooms, and an open reception/bullpen area. Easy ability to add a wheelchair elevator in the common lobby to accommodate ADA use.
| |||
Property Highlights
Exterior Details
Square Footage: 1800
Year Built: 1982
Building Area Total: 1800
Building Area Units: Square Feet
Lot Size Units: Acres
Financial Details
Tax Annual Amount: $3,472
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2022
| |
Loft
|
-
|
-
|
$3,600,000
Loft
-
|
$3,200,000
-11.11%
01/31/2023
|
David Ellis
Ellis Realty Advisors
|
|
06/17/2019
|
Loft
|
2 Bath
|
1800 ft²
|
$569,000
Loft
2 Bath
1800 ft²
|
$555,000
-2.46%
01/21/2020
|
Bill Kingdon
Ellis Realty Advisors
| |
|
09/02/2011
|
Loft
|
-
|
2660 ft²
|
$179,000
Loft
-
2660 ft²
|
$166,000
-7.26%
02/04/2012
|
Vincent Albanese
Vincent Albanese
| |
|
06/21/2010
|
Loft
|
4 Bath
|
11917 ft²
|
$768,000
Loft
4 Bath
11917 ft²
|
$500,000
-34.90%
01/14/2011
|
Vincent Albanese
Vincent Albanese
| |
|
04/23/2010
|
Loft
|
-
|
7513 ft²
|
$569,000
Loft
-
7513 ft²
|
$5
-100.00%
06/16/2010
|
Vincent Albanese
Vincent Albanese
| |
|
02/10/2010
|
Loft
|
-
|
1512 ft²
|
$179,000
Loft
-
1512 ft²
|
$160,000
-10.61%
04/09/2010
|
Vincent Albanese
Vincent Albanese
| |
|
07/16/2007
| |
Loft
|
-
|
6088 ft²
|
$459,000
Loft
-
6088 ft²
|
$418,042
-8.92%
05/30/2008
|
Vincent Albanese
Vincent Albanese
|
Building Info
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