$1,429,000
●
Condo -
Off Market
8 Backriver Rd #8
Hingham, MA 02043
3 Beds
4 Baths,
1
Half Bath
3,000 Ft²
$9,023
Est. Monthly
$966
HOA / Fees
0.83%
Cap Rate
About This Property
Beautifully updated 3 story end unit townhouse. Bright and
sunny with an open floor plan. Come in through the farmer's
porch and walk into this gracious home with elegant foyer, Chef's
kitchen including double wall oven, 6 burner Jenn air gas cooktop,
Large island with quartzite counter tops. Dining room opens into
spacious living room with gleaming wood floors, gas fireplace and
doors out to deck. 2nd floor has 3 generous sized bedrooms
including a lovely primary suite with private balcony, dual walk in
closets and update bath with double vanity. Finished lower
level with large family room, shiplap, French doors, full bath and
office/exercise/sleeping room and storage area. Large 2 car
attached garage. Property abuts Bare Cove Park, a wildlife
sanctuary consisting of 484 acres located along the banks of the
Back River, enjoy access to biking, kayaking and walking trails.
Close to commuter boat, shopping, restaurants, parks, marina
and train. Showing start Sunday Nov 12 at OH.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$476
Property Type
Condo
Property Taxes
$1,040
HOA Dues
$966
Year Built
2012
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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: 3 years ago (MLSPIN #73179584)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed by William Raveis R.E. & Home Services | $1,429,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by William Raveis R.E. & Home Services | $1,259,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Simple elegance is what you'll find in this updated 3 story end unit town home. This light and airy unit is nicely situated offering outdoor privacy. Open floor plan, with chef's kitchen including double wall oven, 6 burner Jenn air gas cooktop, large island, quartzite counter tops. Fireplaced living room with floor to ceiling windows open to dining room. French doors to large deck to enjoy al fresco dining or relaxing. 2nd floor with 3 spacious bedrooms including gorgeous master with private balcony, dual walk in closets, and updated bath w/double vanity. Hardwood floors throughout 1st and 2nd floors. Retreat to the finished Lower level with spacious family room, shiplap, french doors to workout room and full bath. Abutting Bare Cove Park, a wildlife sanctuary consisting of 484 acres located along the banks of the Back River, enjoy access to biking, kayaking & walking trails. Close proximity to the Commuter rail and Hingham Shipyard's shops, restaurants and Ferry to Boston!
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 18
Length: 17
Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Area: 306
Level: Second
Area: 64
Width: 8
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Length: 8
Area: 198
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Length: 11
Level: Second
Width: 18
Level: Second
Features: Flooring - Wood
Width: 18
Length: 11
Area: 198
Width: 16
Features: Flooring - Wood, Open Floorplan
Length: 10
Level: First
Area: 160
Features: Flooring - Wood
Width: 22
Length: 14
Area: 308
Level: Second
Length: 14
Level: First
Area: 238
Features: Flooring - Wood, Open Floorplan
Width: 17
Length: 16
Level: Basement
Features: Flooring - Wall to Wall Carpet, Recessed Lighting
Width: 21
Area: 336
Width: 9
Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Basement
Area: 72
Length: 8
Features: Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wood
Level: Second
Length: 14
Width: 18
Area: 252
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Appliances: Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Second Floor, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Backriver Townhomes
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Screens
Patio and Porch Features: Porch, Deck, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: Condo
Parcel Number: 4867783
Water Source: Public
Financial Details
Tax Assessed Value: $1,247,600
Tax Annual Amount: $12,476
Utilities Details
Utilities: for Gas Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $966
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
11/10/2023
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,429,000
3 Bed
4 Bath
3000 ft²
|
$1,429,000
01/04/2024
|
Joanne Conway
William Raveis R.E. & Home Services
| |
|
07/24/2020
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,259,000
3 Bed
4 Bath
3000 ft²
|
$1,239,000
-1.59%
09/30/2020
|
Joanne Conway
William Raveis R.E. & Home Services
| |
|
04/27/2017
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,169,000
3 Bed
4 Bath
3000 ft²
|
$1,116,020
-4.53%
07/31/2017
|
Patricia Byrne
Coldwell Banker Realty - Hingham
| |
|
09/17/2012
|
3 Bed
|
3 Bath
|
2200 ft²
|
$875,000
3 Bed
3 Bath
2200 ft²
|
$964,155
+10.19%
09/20/2013
|
Sandrine Deschaux
RE/MAX Destiny
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017